In 2023, Latvia led the global export of densified wood, constituting 19.62% of the market. Brazil and Colombia trailed with 13.35% and 8.13%, respectively. The largest year-on-year growth came from Mauritius, Philippines, and Denmark, showcasing remarkable increases, while significant declines were observed in South Africa, Switzerland, and the United States. The global market for densified wood exhibited varied trends, with countries like Slovakia and Greece experiencing strong double-digit growth. Meanwhile, countries like Romania and Fiji faced contractions.
Future trends to watch include:
- The impact of environmental policies on export volumes from major producers like Latvia and Brazil.
- Technological innovations improving production efficiency and influencing market dynamics.
- Economic conditions in emerging markets such as the Philippines and Mauritius, which could alter their export capacities.
- Industry shifts driven by sustainable wood sourcing and its market demands.
Top countries in Export of Densified Wood, in Blocks, Plates, Strips or Profile Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 19.62 | 2023 | +5.09% | +4.97% | View data |
| 2 | 2 Brazil | 13.35 | 2023 | +5.76% | +2.5% | View data |
| 3 | 3 Colombia | 8.13 | 2023 | +6.03% | +3.21% | View data |
| 4 | 4 Poland | 5.55 | 2023 | +1.36% | +11.14% | View data |
| 5 | 5 Croatia | 5.53 | 2023 | +4.37% | +4.64% | View data |
| 6 | 6 Germany | 4.46 | 2023 | +0.97% | +5.63% | View data |
| 7 | 7 Bosnia and Herzegovina | 4.43 | 2023 | +5.02% | +6.78% | View data |
| 8 | 8 Netherlands | 4.15 | 2023 | +2.56% | +3.15% | View data |
| 9 | 9 Spain | 3.9 | 2023 | +3.64% | +4.27% | View data |
| 10 | 10 Estonia | 3.2 | 2023 | +3.28% | +3.03% | View data |
