Portugal's Wood Pellets Market Rebounds in 2024
The Portuguese wood pellets market surged in 2024, reaching $X, a X% increase from the previous year. Despite this growth, production value dropped slightly to $X, with an average annual decline of X% over the last twelve years.
Portugal's wood pellets exports, after four years of decline, rebounded in 2024. They increased by X% to X tons. This positive trend was also seen in imports, which, although peaked in 2015 at X tons, remained at a lower but steady figure from 2016 to 2024.
In terms of value, exports fell dramatically to $X in 2024, maintaining a relatively flat trend pattern. Meanwhile, consumption, while recording prominent growth to reach a maximum of $X in 2015, stood at a lower figure from 2016 to 2024.
The largest markets for Portuguese wood pellets exports in 2024 were France ($X), the UK ($X), and Denmark ($X), together making up X% of total exports.
Despite a slight drop in production value and a dramatic fall in export value, the Portuguese wood pellets market demonstrated resilience in 2024. With a X% increase in purchases abroad and a X% increase in exports, the market is showing signs of recovery. However, further data on export markets and overall export development is needed to fully understand the market's trajectory.
Read also:
- Planned construction of enclosures within Görlitzer Park faces delays
- Controversy resurfaces following the elimination of diesel filter systems at Neckartor: A renewed conflict over the diesel restriction policy
- Foreign financial aid for German citizens residing abroad persists
- Following the fatal accident on Canal Street in Chinatown, New York City initiates long- desired safety enhancements.
