Belarus - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belarus - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights

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Wood Fuel Price in Belarus - 2022

Contents:

  1. Wood Fuel Price in Belarus (FOB) - 2022
  2. Wood Fuel Price in Belarus (CIF) - 2022
  3. Wood Fuel Exports in Belarus
  4. Wood Fuel Imports in Belarus

Wood Fuel Price in Belarus (FOB) - 2022

In March 2022, the average wood fuel export price amounted to $98.1 per cubic meter, declining by -9.1% against the previous month. Overall, export price indicated a measured increase from March 2021 to March 2022: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, wood fuel export price decreased by -9.4% against December 2021 indices. The most prominent rate of growth was recorded in August 2021 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the peak figure at $108 per cubic meter in December 2021; however, from January 2022 to March 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In March 2022, the country with the highest price was Denmark ($147 per cubic meter), while the average price for exports to Poland ($27.6 per cubic meter) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel Price in Belarus (CIF) - 2022

In 2021, the average wood fuel import price amounted to $20 per cubic meter, which is down by -41.2% against the previous year. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 91%. Over the period under review, average import prices attained the maximum at $78 per cubic meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($120 per cubic meter), while the price for Russia ($16 per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood Fuel Exports in Belarus

In 2022, after three years of growth, there was significant decline in shipments abroad of wood fuel, when their volume decreased by -66.4% to 98K cubic meters. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of 292K cubic meters, and then reduced dramatically in the following year.

In value terms, wood fuel exports declined markedly to $11M in 2022. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. As a result, the exports reached the peak of $25M, and then fell sharply in the following year.

Export of Wood Fuel in Belarus (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany4.65.67.326.0%
Netherlands2.03.06.580.3%
Lithuania1.21.72.955.5%
Belgium2.72.12.5-3.8%
Latvia1.71.52.418.8%
Denmark0.60.61.347.2%
United KingdomN/A0.30.9200.0%
Poland0.40.20.3-13.4%
Others1.70.60.8-31.4%
Total14.915.824.728.8%

Top Export Markets for Wood Fuel from Belarus in 2022:

  1. Germany (90.9K cubic meters)
  2. Netherlands (58.5K cubic meters)
  3. Lithuania (41.3K cubic meters)
  4. Belgium (35.4K cubic meters)
  5. Latvia (33.8K cubic meters)
  6. Denmark (14.2K cubic meters)
  7. United Kingdom (5.4K cubic meters)
  8. Poland (5.1K cubic meters)

Wood Fuel Imports in Belarus

For the fourth consecutive year, Belarus recorded growth in purchases abroad of wood fuel, which increased by 0.5% to 5.6K cubic meters in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 709%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, wood fuel imports reached $110K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 375%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Wood Fuel in Belarus (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Russia10.98.182.5175.1%
Latvia2.2N/A13.5147.7%
Lithuania5.41.28.122.5%
Poland7.94.15.3-18.1%
Others2.19.6N/A357.1%
Total28.523.010995.6%

Top Suppliers of Wood Fuel to Belarus in 2022:

  1. Russia (5.0K cubic meters)
  2. Lithuania (0.3K cubic meters)
  3. Latvia (0.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood fuel market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1627 - Wood fuel, coniferous
  • FCL 1628 - Wood fuel, non-coniferous

Country coverage:

  • Belarus

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belarus
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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