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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