In 2024, Italy leads the European wood fuel trade balance with 912.37 thousand metric tons, followed by Germany at 678.03. Significant variations from 2023 include Iceland (28.91%) showing rapid growth, while Austria (-6.4%) and Denmark (-12.7%) are declining. Countries like Malta saw a moderate increase (5.86%). Croatia (-594.22) and Latvia (-340.71) present significant trade deficits. Most countries remained stable, with minor or zero changes.
Future Trends
Future trends to watch include potential policy changes on renewable energy that could affect the wood fuel market. Countries like Iceland and Greece, with strong positive trends, may become major players, while those with consistent deficits, such as Croatia, may need to adapt or diversify energy sources. The impact of sustainability efforts and technological advancements in wood fuel alternatives will also play a crucial role.
Top countries in Wood Fuel Trade Balance by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 912.37 | 2023 | +9.58% | +2.9% | View data |
| 2 | 2 Germany | 678.03 | 2023 | +10.3% | -1.45% | View data |
| 3 | 3 United Kingdom | 384.52 | 2023 | +7.32% | View data | |
| 4 | 4 Austria | 358.01 | 2023 | +9.29% | -6.4% | View data |
| 5 | 5 Netherlands | 238.9 | 2023 | +9.78% | +6.75% | View data |
| 6 | 6 Greece | 237.5 | 2023 | +3.55% | +7.09% | View data |
| 7 | 7 Romania | 194.11 | 2023 | +12.15% | View data | |
| 8 | 8 Slovakia | 138.67 | 2023 | +9.21% | View data | |
| 9 | 9 Iceland | 135.17 | 2023 | +45.65% | +28.91% | View data |
| 10 | 10 Norway | 98 | 2023 | +5.38% | -2.11% | View data |