Market for Wood Residues, Pellets And Other Agglomerates in Germany
Market Overview
The German market for wood residues, pellets and other agglomerates expanded remarkably to $
in
, rising 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). The market value increased at an average annual rate of +
% from 2007 to
; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $
. From 2014 to
, the growth of the market remained at a somewhat lower figure.
In value terms, production of wood residues, pellets and other agglomerates reduced to $
in
estimated in export price. Over the period under review, the total production indicated a modest increase from 2007 to
: its value increased at an average annual rate of +
% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on
figures, production increased by +
% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of
%. Production of peaked at $
in 2012; however, from 2013 to
, production stood at a somewhat lower figure.







In value terms, production of wood residues, pellets and other agglomerates reduced to $









Consumption
In
, consumption of wood residues, pellets and other agglomerates decreased by -
% to
cubic meters, falling for the second year in a row after two years of growth. The total consumption volume increased at an average annual rate of +
% from 2007 to
; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, consumption of attained the maximum volume at
cubic meters in
; afterwards, it flattened through to
.
The value of the market for wood residues, pellets and other agglomerates in Germany contracted to $
in
, waning 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). The market value increased at an average annual rate of +
% from 2007 to
; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $
. From 2014 to
, the growth of the market remained at a lower figure.








The value of the market for wood residues, pellets and other agglomerates in Germany contracted to $







Market Forecast
The market for wood residues, pellets and other agglomerates is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -
% for the eight-year period from
to
, which is projected to depress the market volume to
cubic meters by the end of
.
In value terms, the market is forecast to contract 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
.





In value terms, the market is forecast to contract with an anticipated CAGR of -





Market Structure
In
, the share of imports in total consumption accounted for
% in value terms and
% in physical terms. The share of imports decreased moderately (-
percentage point) over the period under review.




Trade Balance
Germany remains a net exporter of wood residues, pellets and other agglomerates; in physical and value terms, exports consistently exceeded imports from 2007 to
. In
, there was a trade surplus of
cubic meters, which was equal to $
. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.




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