The global export of densified wood is led by Latvia, Brazil, and Colombia, with Latvia topping the list at 72.585 million kilograms. The annual variation shows Latvia and Bosnia and Herzegovina experiencing growth of over 4% and 6% respectively, while Denmark and Slovakia surged by more than 34% and 23%. Meanwhile, Belgium, Romania, and the United States faced declines, the latter dropping over 12%. The last five years have evidenced mixed trends with emerging markets like the Philippines and Mauritius seeing significant increases, while struggling regions like Fiji and Nicaragua experience losses.
Future trends to monitor include potential growth in markets such as the Philippines and Mauritius due to recent gains and an uptick in demand. Meanwhile, the ongoing recovery of traditional markets like the United States will be pivotal as they contend with significant declines. Environmental considerations and regulations regarding wood sourcing could also reshape trade patterns and market dynamics.
Top countries in Export of Densified Wood, in Blocks, Plates, Strips or Profile by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Latvia | 72,585,000 | 2023 | +5.09% | +4.97% | View data |
2 | 2 Brazil | 49,378,000 | 2023 | +5.76% | +2.5% | View data |
3 | 3 Colombia | 30,096,000 | 2023 | +6.03% | +3.21% | View data |
4 | 4 Poland | 20,518,000 | 2023 | +1.36% | +11.14% | View data |
5 | 5 Croatia | 20,455,000 | 2023 | +4.37% | +4.64% | View data |
6 | 6 Germany | 16,485,000 | 2023 | +0.97% | +5.63% | View data |
7 | 7 Bosnia and Herzegovina | 16,386,000 | 2023 | +5.02% | +6.78% | View data |
8 | 8 Netherlands | 15,340,000 | 2023 | +2.56% | +3.15% | View data |
9 | 9 Spain | 14,415,000 | 2023 | +3.64% | +4.27% | View data |
10 | 10 Estonia | 11,843,000 | 2023 | +3.28% | +3.03% | View data |