The United States leads global exports of coniferous wood in chips, making up 28.9% of the market. Belarus, Russia, and Latvia follow with 9.11%, 7.81%, and 7.63%, respectively. Recent trends show significant growth in certain countries: South Africa increased by 71.71%, while New Zealand saw a decrease of 7.78%. The last five years have seen varied growth, with emerging markets like Uruguay growing at 10.05% annually and traditional markets like Austria declining by 6.74% year-over-year.
Future trends suggest a focus on sustainability and innovation, with countries aiming to capture market share through enhanced eco-friendly production practices, potentially reshaping the competitive landscape.
Top countries in Export of Coniferous Wood in Chips or Particles Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 28.9 | 2023 | +2.12% | +0.76% | View data |
2 | 2 Belarus | 9.11 | 2023 | +5.68% | +2.64% | View data |
3 | 3 Russia | 7.81 | 2023 | +1.42% | +0.24% | View data |
4 | 4 Latvia | 7.63 | 2023 | +1.43% | -0.26% | View data |
5 | 5 Germany | 7.59 | 2023 | +0.26% | -0.13% | View data |
6 | 6 Australia | 7.48 | 2023 | -1.4% | -5.27% | View data |
7 | 7 Estonia | 4 | 2023 | +2.09% | +1.15% | View data |
8 | 8 Slovenia | 2.95 | 2023 | +4.89% | +3.6% | View data |
9 | 9 Slovakia | 2.7 | 2023 | +3.53% | +5.96% | View data |
10 | 10 Norway | 2.43 | 2023 | +4.26% | +3.73% | View data |