Italy's Wood Pellet Industry Sees Market Shifts and Export Boom in 2024
Italy's wood pellet industry has seen significant changes in recent years. Production and exports have fluctuated, with notable shifts in key markets and suppliers.
Over the past twelve years, Italy's wood pellet production increased at an average annual rate of X%. However, in 2024, production dropped modestly to $X. The average export price stood at $X per ton in 2024, declining by X% compared to the previous year.
Italy's wood pellet market contracted to $X in 2024, reducing by X% against the previous year. Despite this, exports expanded rapidly to X tons in the same year. The largest markets for Italian wood pellet exports were Romania ($X), Bulgaria ($X), and Switzerland ($X).
Austria remained the largest supplier of wood pellets to Italy, with X tons in 2024. Meanwhile, Italy's wood pellet imports reduced to X tons in 2024, with a decrease of X% against 2023. The peak level of wood pellet consumption in Italy was reached at $X.
Italy's wood pellet industry has experienced growth and decline in recent years, with shifts in key markets and suppliers. Despite a decrease in production and market size, exports have expanded. Austria continues to be the largest supplier, while key markets include Romania, Bulgaria, and Switzerland. The average import price has also seen a decrease.
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