As of 2023, Germany leads the European wood fuel domestic extraction market with 17.44 thousand metric tons, followed by Sweden (10.71) and Finland (7.96). Notable year-on-year variations include Latvia at 6.74%, Spain at 7.81%, and Czeh Republic (7.11%). However, countries like Poland (-4.62%) and Norway (-3.24%) showed declines. Belgium and Luxembourg exhibited high growth rates at 16.92% and 17.64%, respectively.
Future Trends
Future trends indicate potential growth in the wood fuel market driven by increasing demand for renewable energy sources. Countries with accelerated growth rates should continue to advance while those lagging might need to implement strategic interventions to remain competitive.
Top countries in Wood Fuel Domestic Extraction Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.44 | 2023 | +2.33% | +0.94% | View data |
| 2 | 2 Sweden | 10.71 | 2023 | +1.87% | +1.78% | View data |
| 3 | 3 Finland | 7.96 | 2023 | +1.86% | +2.74% | View data |
| 4 | 4 Austria | 7.53 | 2023 | +1.24% | +2.1% | View data |
| 5 | 5 France | 6.41 | 2023 | +2.7% | +1.89% | View data |
| 6 | 6 Romania | 5.42 | 2023 | +3.28% | +3.47% | View data |
| 7 | 7 Serbia | 4.77 | 2023 | +1.37% | +0.94% | View data |
| 8 | 8 Czech Republic | 3.76 | 2023 | +3.46% | +7.11% | View data |
| 9 | 9 Italy | 3.26 | 2023 | -1.41% | -0.81% | View data |
| 10 | 10 Poland | 3.05 | 2023 | -1.69% | -4.62% | View data |