Production of Wood Chips and Particles in Norway - 2022
Wood Chips and Particles Production in Norway - 2022
In 2022, the amount of wood chips and particles produced in Norway reduced slightly to 1.5M cubic meters, shrinking by -2.4% on the previous year's figure. The total output volume increased at an average annual rate of +2.2% from 2017 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 21% against the previous year. As a result, production attained the peak volume of 1.6M cubic meters. From 2019 to 2022, production growth failed to regain momentum.
In value terms, wood chips and particles production expanded remarkably to $18M in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% over the period from 2017 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by 27% against the previous year. As a result, production reached the peak level of $19M. From 2021 to 2022, production growth remained at a somewhat lower figure.
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This report provides an in-depth analysis of the market for wood chips, particles and residues in Norway.
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