Slovakia - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Slovakia - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Wood Pellets Price in Slovakia - 2023

Contents:

  1. Wood Pellets Price in Slovakia (FOB) - 2023
  2. Wood Pellets Price in Slovakia (CIF) - 2023
  3. Wood Pellets Exports in Slovakia
  4. Wood Pellets Imports in Slovakia

Wood Pellets Price in Slovakia (FOB) - 2023

In August 2023, the average wood pellets export price amounted to $286 per ton, dropping by -2.8% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 21% against the previous month. As a result, the export price reached the peak level of $369 per ton. From October 2022 to August 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In August 2023, the highest price was recorded for prices to Italy ($300 per ton) and the Czech Republic ($298 per ton), while the average price for exports to Slovenia ($224 per ton) and Austria ($297 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pellets Price in Slovakia (CIF) - 2023

The average wood pellets import price stood at $219 per ton in October 2023, reducing by -11.1% against the previous month. Over the period under review, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 17% month-to-month. As a result, import price attained the peak level of $389 per ton. From December 2022 to October 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From October 2022 to October 2023, the rate of growth in terms of prices for the Czech Republic amounted to +11.6% per month.

Wood Pellets Exports in Slovakia

In 2022, the amount of wood pellets exported from Slovakia surged to 281K tons, growing by 28% compared with the previous year's figure. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 44%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, wood pellets exports skyrocketed to $77M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wood Pellets in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy23.926.635.154.731.8%
Slovenia3.32.96.55.518.6%
Czech Republic2.51.72.63.815.0%
PolandN/AN/A0.33.0900.0%
GermanyN/A0.31.12.9210.9%
Austria0.92.62.02.030.5%
FranceN/AN/AN/A1.50%
Others0.60.31.54.189.8%
Total31.334.449.077.535.3%

Top Export Markets for Wood Pellets from Slovakia in 2022:

  1. Italy (180.2K tons)
  2. Czech Republic (26.6K tons)
  3. Slovenia (24.7K tons)
  4. Germany (16.1K tons)
  5. Poland (9.6K tons)
  6. Austria (6.5K tons)
  7. France (4.6K tons)

Wood Pellets Imports in Slovakia

In 2022, imports of wood pellets into Slovakia declined sharply to 29K tons, dropping by -18.2% against the previous year. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 29%.

In value terms, wood pellets imports soared to $7.8M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Wood Pellets in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine2.22.11.94.627.9%
Czech Republic1.21.30.90.8-12.6%
Belarus0.40.20.60.40.0%
Poland0.30.41.30.410.1%
Russia0.10.11.10.458.7%
Others2.00.50.71.1-18.1%
Total6.24.56.47.88.0%

Top Suppliers of Wood Pellets to Slovakia in 2022:

  1. Ukraine (18.0K tons)
  2. Czech Republic (2.5K tons)
  3. Russia (2.4K tons)
  4. Belarus (2.1K tons)
  5. Poland (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood pellets market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1693 - Wood pellets

Country coverage:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Wood Pellets - Slovakia