Earlier Report Observations
The wood pellets market in Greece experienced significant fluctuations between 2018 and 2023. Volume began the period at 101 495 t, dipped to 96 201 t in 2019, and then partially recovered to 99 638 t in 2020.
A notable decline to 91 098 t followed in 2021, but the market rebounded strongly to 98 191 t in 2022. This recovery reversed in 2023, with consumption falling to 88 243 t, its lowest level in the observed period.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Greece
- 5.1.1. Annual dynamics of production in Greece in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Greece in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Greece
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production wood pellets in Greece
In kind, 2017-2020, t
Top producers of wood pellets, 2017-2020
World map of production of wood pellets, 2017-2020
In 2020, Greece produced 59 360 tonnes of wood pellets, showing minimal change from the previous year. Looking at the broader period from 2017 to 2020, production increased by 10.3%, which translates to an annualized growth rate of 3.3%. The highest production level was recorded in 2018 at 59 360 tonnes, while 2019 saw no significant change. The most notable increase occurred in 2018, with a rise of 10.3%.
Annual dynamics of production in Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.3% | - | - | 3.3% |
Exports wood pellets from Greece
Exports in kind, t
Greece's wood pellet exports declined for the third consecutive year in 2020, reaching 3 497 tonnes. This represents a 2.1% decrease compared to 2019. Over the period from 2017 to 2020, exports fell by 72.1%, averaging an annual decline of 34.6%.
Annual dynamics of product's exports from Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (28.2%) | (60.2%) | (2.1%) | (34.6%) |
Between 2017 and 2020, North Macedonia and Bulgaria together accounted for 91.0% of Greece's total wood pellet exports by volume, with the remaining exports distributed across various other markets.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Greece in kind, 2017-2020
Exports in value, K $ US
In 2020, Greece's wood pellet exports were valued at 956 thousand US dollars, marking a strong year-on-year increase of 17.0%. However, from 2017 to 2020, export value decreased by 55.9%, with an annualized decline of 23.9%. The lowest value was recorded in 2019 at 817 thousand US dollars, while the peak occurred in 2018 at 2 214 thousand US dollars. The sharpest drop was in 2019, with a 63.1% decrease, and the largest increase was in 2018, reaching 2 214 thousand US dollars.
Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.1% | (63.1%) | 17.0% | (23.9%) |
From 2017 to 2020, Greece's wood pellet exports in value terms were highly concentrated, with North Macedonia and Bulgaria together capturing 87.0% of the total. Other trading partners accounted for the remainder.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Greece in value, 2017-2020
Imports wood pellets to Greece
Imports in kind, t
In 2020, Greece imported 43 776 tonnes of wood pellets, an increase of 8.3% from 2019. The lowest import volume was in 2019 at 40 414 tonnes, while the highest was in 2018 at 51 125 tonnes. The most significant decline occurred in 2019, with a 21.0% drop, and the largest increase was in 2018, with an 18.4% rise.
Annual dynamics of product's imports to Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 18.4% | (21.0%) | 8.3% | 0.5% |
Between 2017 and 2020, the main sources of wood pellet imports to Greece by volume were Bulgaria (46.2%), Albania (11.9%), and Ukraine (10.7%). Together, these three countries supplied 68.8% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Greece in kind, 2017-2020
Imports in value, K $ US
In 2020, Greece's wood pellet imports were valued at 8 060 thousand US dollars, showing a modest gain of 2.0% compared to 2019. Over the period from 2017 to 2020, import value increased by 2.9%, with an annualized growth rate of 1.0%. The highest value was recorded in 2018 at 10 519 thousand US dollars. The largest decline occurred in 2019, with a 24.9% decrease, while the most significant increase was in 2018, with a 34.3% rise.
Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 34.3% | (24.9%) | 2.0% | 1.0% |
From 2017 to 2020, Bulgaria (49.4%), Albania (10.3%), and Ukraine (8.5%) remained the top suppliers of wood pellets to Greece in value terms, jointly accounting for 68.2% of total imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Greece in value, 2017-2020
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