Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Denmark
Market Overview
In 
, the Danish market for wood chips, parts, residues, pellets and other agglomerates increased by % to $, rising for the second consecutive year after two years of decline. In general, consumption recorded a remarkable increase. Consumption of peaked in and is expected to retain growth in years to come.
In value terms, production of wood chips, parts, residues, pellets and other agglomerates stood at $ in estimated in export price. Over the period under review, production enjoyed resilient growth. The growth pace was the most rapid in 2009 with an increase of % against the previous year. Over the period under review, production of reached the maximum level at $ in ; however, from to , production stood at a somewhat lower figure.
, the Danish market for wood chips, parts, residues, pellets and other agglomerates increased by % to $, rising for the second consecutive year after two years of decline. In general, consumption recorded a remarkable increase. Consumption of peaked in and is expected to retain growth in years to come.In value terms, production of wood chips, parts, residues, pellets and other agglomerates stood at $
in estimated in export price. Over the period under review, production enjoyed resilient growth. The growth pace was the most rapid in 2009 with an increase of % against the previous year. Over the period under review, production of reached the maximum level at $ in ; however, from to , production stood at a somewhat lower figure.Consumption
In , consumption of wood chips, parts, residues, pellets and other agglomerates increased by % to cubic meters, rising for the second year in a row after two years of decline. In general, consumption saw a buoyant increase. Consumption of peaked in and is expected to retain growth in the near future.
The value of the market for wood chips, parts, residues, pellets and other agglomerates in Denmark soared to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a strong expansion. Over the period under review, the market hit record highs in and is likely to continue growth in the immediate term.
, consumption of wood chips, parts, residues, pellets and other agglomerates increased by % to cubic meters, rising for the second year in a row after two years of decline. In general, consumption saw a buoyant increase. Consumption of peaked in and is expected to retain growth in the near future.The value of the market for wood chips, parts, residues, pellets and other agglomerates in Denmark soared to $
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a strong expansion. Over the period under review, the market hit record highs in and is likely to continue growth in the immediate term.Market Forecast
Driven by increasing demand for wood chips, parts, residues, pellets and other agglomerates in Denmark, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to cubic meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Wood chips, parts, residues, pellets and other agglomerates market in Denmark consists almost entirely of imported products.
Trade Balance
Denmark remains a net importer of wood chips, parts, residues, pellets and other agglomerates; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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