Based on 2023 forecasted data, Poland leads the European market with a 35.62% share, followed by France (21.28%) and Spain (18.49%). The next significant producers are Portugal (8.72%) and Bosnia and Herzegovina (5.71%). Smaller production shares are seen in Croatia, Latvia, Bulgaria, Romania, Lithuania, and Slovenia. Year-on-year variation shows notable increases, particularly in Portugal (11.99%) and Croatia (8.4%), while Bosnia and Herzegovina (-1.17%) and Romania (-8.69%) saw decreases. Over the last 5 years, the industry has experienced moderate to substantial annual growth.
Future Trends: The European wood charcoal market is expected to see continued growth driven by increased demand for sustainable and eco-friendly fuels. Monitoring shifts towards renewable energy sources and changes in trade regulations will be essential in understanding future market dynamics.
Top countries in Sold Production of Wood Charcoal Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 35.62 | 2023 | +0.57% | +1.14% | View data |
| 2 | 2 France | 21.28 | 2023 | +0.49% | +8.07% | View data |
| 3 | 3 Spain | 18.49 | 2023 | +3.09% | +5.4% | View data |
| 4 | 4 Portugal | 8.72 | 2023 | +7.62% | +11.99% | View data |
| 5 | 5 Bosnia and Herzegovina | 5.71 | 2023 | +0.98% | -1.17% | View data |
| 6 | 6 Croatia | 4.94 | 2023 | +4.39% | +8.4% | View data |
| 7 | 7 Latvia | 4.18 | 2023 | +0.87% | +2.74% | View data |
| 8 | 8 Bulgaria | 0.7 | 2023 | -9.77% | +4.14% | View data |
| 9 | 9 Romania | 0.23 | 2023 | -7.53% | -8.69% | View data |
| 10 | 10 Lithuania | 0.16 | 2023 | -5.27% | -4.98% | View data |
