Non coniferous wood fuel market in Northern America

Earlier Report Observations

From 2018 to 2019, production and market volume of non-coniferous wood fuel in Northern America remained steady at around 39,500 thousand cubic meters. However, in 2020, both indicators fell sharply, with production dropping to 34,984 thousand cubic meters and market size to 34,889 thousand cubic meters.

The market recovered in 2021, with production rising to 38,200 thousand cubic meters and market volume to 37,804 thousand cubic meters. Growth continued into 2022, reaching a peak of 41,369 thousand cubic meters of production and 41,251 thousand cubic meters of market size.

In 2023, production plummeted to 24,885 thousand cubic meters, and market volume fell to 24,747 thousand cubic meters. This decline coincided with increasing consumer preference for processed wood pellets and other sustainable fuels, driven by stringent carbon dioxide emission regulations and a broader shift toward renewable energy sources in the region.

Production non coniferous wood fuel in Northern America

In kind, 2017-2020, K m³

Top producers of non coniferous wood fuel, 2017-2020

World map of production of non coniferous wood fuel, 2017-2020

Non-coniferous wood fuel production in Northern America has declined for the third year in a row. In 2020, production stood at 34 984 thousand cubic meters, marking a significant drop of 11.5% compared to the previous year. From 2017 to 2020, production fell by 34%, which translates to an average annual decline of 13.0%.

Annual dynamics of production in Northern America in kind, 2017-2020, K m³

In value, 2017-2020, M $ US

In 2020, the value of non-coniferous wood fuel production in Northern America was 2 068 million US dollars, reflecting a moderate decrease of 8.7% from the year before. Over the period from 2017 to 2020, production value dropped by 30.5%, with a compound annual growth rate (CAGR) of -11.4%. The sharpest decline occurred in 2018 at 24.3%, while 2019 saw a slight increase of 0.6%.

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

Exports non coniferous wood fuel from Northern America

Exports in kind, K m³

Non-coniferous wood fuel exports from Northern America have fallen for the third consecutive year. In 2020, exports totaled 97.0 thousand cubic meters, down by 43.9% year-over-year. Between 2017 and 2020, exports decreased by 71.3%, with a compound annual growth rate (CAGR) of -34.1%.

Annual dynamics of product's exports from Northern America in kind, 2017-2020, K m³

From 2017 to 2020, the main destinations for non-coniferous wood fuel exports from Northern America, in volume terms, were Turkey (56.1% of exports), Iceland (10.5%), and China (6.2%). Together, these three countries accounted for 72.8% of total export flows.

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

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

Exports in value, K $ US

Non-coniferous wood fuel exports from Northern America have declined for the third year in a row. In 2020, export value reached 5 735 thousand US dollars, which is 42.1% lower than in 2019. Over the period from 2017 to 2020, export value fell by 69.8%, with a compound annual growth rate (CAGR) of -32.9%.

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

From 2017 to 2020, the largest buyers of non-coniferous wood fuel from Northern America, in value terms, were Turkey (51.0% of exports), Iceland (9.0%), and China (6.3%). Combined, these three countries made up 66.3% of total export value.

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

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

Imports non coniferous wood fuel to Northern America

Imports in kind, K m³

Import volumes of non-coniferous wood fuel in Northern America showed high volatility during this period. Imports reached their lowest point in 2019 at 1.3 thousand cubic meters and peaked in 2017, with a 105-fold difference between these years. In 2020, imports rose to 2.1 thousand cubic meters, a sharp increase of 59.2% compared to the previous year. The largest decline was recorded in 2018 at 98.7%.

Annual dynamics of product's imports to Northern America in kind, 2017-2020, K m³

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

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

Imports in value, K $ US

In 2020, the value of non-coniferous wood fuel imports in Northern America was 14 814 thousand US dollars, showing a slight decrease of 6.8% year-over-year. Between 2017 and 2020, import value dropped by 9.2%, equivalent to an average annual decline of 3.2%. The largest increase occurred in 2019 at 2.5%.

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

From 2017 to 2020, France was the leading source in the import structure by value, accounting for 1.3% of total import flows.

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

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