Wood: in chips or particles, non-coniferous

In 2024, wood: in chips or particles, non-coniferous trade exhibited modest growth, with global flows reaching $5,154,978,741 and a three-year compound annual growth rate of +7.3% (five-year: +3.0%). The all-time peak of $5,630,835,174 was recorded in 2022; the current level is 8% 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 strengthening (+3.4% acceleration).

The World Trade Flows Characterization classifies wood: in chips or particles, non-coniferous as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.326). The three largest exporters — Vietnam ($2.8B), Australia ($715.5M), and Thailand ($479.1M) — collectively dominate supply flows. The leading exporter has grown at +15.1% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.377). The three largest import markets are China ($2.8B), Japan ($1.5B), and Indonesia ($129.8M). The largest importing market sources from 29 different supplying countries.

The dominant trade corridor is Vietnam → China at $1.9B, representing 67.7% of the importer's total demand.

The volatility score for wood: in chips or particles, non-coniferous is 5 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, modest but steady demand provides a reasonable entry window. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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