Market research

Fuel wood in chips and particles market in Northern America

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Northern America" region includes following countries:

Bermuda

Canada

Greenland

Saint Pierre and Miquelon

the United States

Earlier Report Observations

The market for fuel wood chips in Northern America experienced a decline in production and market volume from 2018 to 2020. In 2018, import value rose by 28% driven by increasing demand for renewable energy sources, which supported market activity. However, by 2020, consumption began a downward trend, falling approximately 15.5% by subsequent indices, contributing to lower market volumes.

Production rebounded after 2020, peaking in 2022 with an 18% increase to 42.7 million tons. This growth coincided with rising demand for biomass in Combined Heat and Power systems and the use of wood chips in engineered wood products. Key market players such as American Wood Resources LLC and Great Northern Timber Inc were active during this period.

In 2023, production dropped sharply to 30.6 million tons, and market volume fell to 30.4 million tons, marking a significant contraction after the 2022 peak. The slowdown in production growth occurred amid ongoing shifts in consumer preferences toward renewable energy sources for heating and power generation.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Northern America
  1. 5.1.1. Annual dynamics of production in Northern America in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production fuel wood in chips and particles in Northern America

In kind, 2017-2020, K t

Top producers of fuel wood in chips and particles, 2017-2020

Source: SHEV.io

World map of production of fuel wood in chips and particles, 2017-2020

Source: SHEV.io

Fuel wood in chips and particles production in Northern America declined for the third consecutive year. In 2020, production reached 37 635 K t, marking a 4.8% decrease compared to 2019. Between 2017 and 2020, production fell by 9.3%, which translates to an annualized decline rate of 3.2%.

Annual dynamics of production in Northern America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.1%)	(1.6%)	(4.8%)	(3.2%)

Source: SHEV.io

In value, 2017-2020, M $ US

Northern America's fuel wood in chips and particles production value also declined for the third consecutive year. In 2020, output was valued at 2 683 M $ US, showing a significant year-over-year drop of 19.1%. From 2017 to 2020, production value decreased by 24.4%, equating to an annualized decline of 8.9%.

Annual dynamics of production in Northern America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.1%)	(0.5%)	(19.1%)	(8.9%)

Source: SHEV.io

Exports fuel wood in chips and particles from Northern America

Exports in kind, K t

Foreign fuel wood in chips and particles supplies from Northern America declined for the third consecutive year. In 2020, exports totaled 65 K t, reflecting a dramatic year-over-year drop of 39.2%. Over the period from 2017 to 2020, exports decreased by 77.7%, with a compound annual growth rate (CAGR) of -39.4%.

Annual dynamics of product's exports from Northern America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(23.3%)	(52.3%)	(39.2%)	(39.4%)

Source: SHEV.io

Throughout 2017–2020, Turkey (53.7% of exports in kind), Iceland (9.3% of exports in kind), and Japan (7.3% of exports in kind) were the key partners, together accounting for 70.3% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Northern America in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Fuel wood in chips and particles shipments from Northern America to abroad declined for the third consecutive year. In 2020, exports reached 4.6 M $ US, representing a 48.3% decrease compared to 2019. From 2017 to 2020, exports decreased by 81.4%, with a compound annual growth rate (CAGR) of -43.0%.

Annual dynamics of product's exports from Northern America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.6%)	(51.7%)	(48.3%)	(43.0%)

Source: SHEV.io

In 2017–2020, Turkey (51.3% of exports in value terms), Iceland (8.4% of exports in value terms), and Japan (6.3% of exports in value terms) formed the main cluster of markets, with a combined share of 66.0% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Northern America in value, 2017-2020

Source: SHEV.io

Imports fuel wood in chips and particles to Northern America

Imports in kind, K t

Volatility characterized the market behavior during these years. Imports reached their lowest point in 2018 at 1 K t, then peaked in 2017, with a 503-fold gap between these years. In 2020, fuel wood in chips and particles imports to Northern America amounted to 1 K t, constituting a notable fall of 17.5% compared to the previous year. The largest decline was recorded in 2018 at 99.8%, while the largest increase occurred in 2019 at 41.8%.

Annual dynamics of product's imports to Northern America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.8%)	41.8%	(17.5%)	(86.7%)

Source: SHEV.io

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Northern America in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Northern America's fuel wood in chips and particles import volume declined for the second consecutive year. In 2020, imports totaled 96.0 M $ US, which is 4.5% weaker versus the previous year. Over the period from 2017 to 2020, imports increased by 28%, with a compound annual growth rate (CAGR) of 8.6%. The maximum value was recorded in 2018 at 100.9 M $ US, with the largest increase of 34.6% also occurring in that year.

Annual dynamics of product's imports to Northern America in value, 2017-2020, M $ US