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Ukraine's Wood Pellets Industry Mixed Performance in 2024

Exports decline in 2024 but show long-term growth. Production and market size shrink, but exports remain strong.

In this picture, we see glass from which we can see the trays containing the meat. We even see the...
In this picture, we see glass from which we can see the trays containing the meat. We even see the price tags. On the left side, we see the buildings and trees. There are trees and buildings in the background. At the top, we see the ceiling of the room. This might be a meat shop.

Ukraine's Wood Pellets Industry Mixed Performance in 2024

Ukraine's wood pellets industry saw a mixed performance in 2024. Exports dipped slightly, while production and market size shrank. However, exports have shown overall growth over the review period.

In 2024, Ukraine's wood pellets exports totalled X tons, a decrease of X% from the previous year. Despite this dip, exports have shown a prominent increase over the period under review. The most notable growth occurred in 2018, with a X% increase against the previous year.

Production in Ukraine peaked at $X in 2022 but remained lower from 2023 to 2024. In 2024, production was estimated at $X in export price, indicating continued expansion. The Ukrainian market hit record highs at $X in 2013 but has since remained at lower figures.

The pace of growth in production was most pronounced in 2015, with a X% increase against the previous year. However, consumption in Ukraine recorded a significant curtailment over the review period.

In 2024, Ukraine's wood pellets imports decreased by X% to X tons, marking the second consecutive year of decline. Despite the recent setbacks, the industry has shown overall growth, with exports recording a prominent increase over the period under review.

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