Wood: for fuel, in logs, in billets, in twigs, in faggots or similar forms, whether or not agglomerated, non-coniferous

In 2024, wood: for fuel, in logs, in billets, in twigs, in faggots or similar forms, whether or not agglomerated, non-coniferous trade exhibited significant decline, with global flows reaching $425,586,777 and a three-year compound annual growth rate of +3.1% (five-year: +6.5%). The all-time peak of $620,740,914 was recorded in 2022; the current level is 31% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+1.7% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.095). The three largest exporters — Latvia ($89.9M), Lithuania ($50.0M), and Bosnia and Herzegovina ($49.7M) — collectively dominate supply flows. The leading exporter has grown at +14.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.087). The three largest import markets are United Kingdom ($85.5M), Italy ($58.0M), and South Africa ($43.1M). The largest importing market sources from 31 different supplying countries.

The dominant trade corridor is Latvia → United Kingdom at $56.1M, representing 65.6% of the importer's total demand.

The volatility score for wood: for fuel, in logs, in billets, in twigs, in faggots or similar forms, whether or not agglomerated, non-coniferous is 16 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.