Asia-Pacific: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Asia-Pacific

For the sixth year in a row, the Asia-Pacific market for wood chips, particles and residues recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, consumption recorded buoyant growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Production of Wood Chips, Particles And Residues in Asia-Pacific

In value terms, wood chips, particles and residues production dropped dramatically to $X in 2021 estimated in export price. Overall, production showed a perceptible reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then reduced notably in the following year.

Production By Country in Asia-Pacific

The countries with the highest volumes of in 2021 were China (X tons), Australia (X tons) and Vietnam (X tons), with a combined X% share of total production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Vietnam (with a CAGR of +X%), while production for the other leaders experienced mixed trends in the production figures.

Exports of Wood Chips, Particles And Residues

Exports in Asia-Pacific

In 2021, approx. X tons of wood chips, particles and residues were exported in Asia-Pacific; surging by X% compared with 2020 figures. Overall, exports recorded a relatively flat trend pattern. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports expanded sharply to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam was the major exporting country with an export of about X tons, which accounted for X% of total exports. Australia (X tons) occupied a X% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (X%). The following exporters - Malaysia (X tons), New Zealand (X tons) and Indonesia (X tons) - together made up X% of total exports.

Vietnam was also the fastest-growing in terms of the wood chips, particles and residues exports, with a CAGR of +X% from 2012 to 2021. At the same time, Malaysia (+X%) displayed positive paces of growth. By contrast, Australia (-X%), Thailand (-X%), New Zealand (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand, Indonesia, Thailand and Australia saw its share reduced by -X%, -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood chips, particles and residues supplying countries in Asia-Pacific were Vietnam ($X), Australia ($X) and Thailand ($X), with a combined X% share of total exports.

Vietnam, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The and residues in Asia-Pacific stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Thailand ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+X%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports in Asia-Pacific

In 2021, overseas purchases of wood chips, particles and residues were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood chips, particles and residues imports rose slightly to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth imports remained at a lower figure.

Imports by Country

China (X tons) and Japan (X tons) dominates imports structure, together creating X% of total imports. The following importers - Taiwan (Chinese) (X tons), South Korea (X tons) and Lao People's Democratic Republic (X tons) - together made up X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lao People's Democratic Republic (with a CAGR of +X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest wood chips, particles and residues importing markets in Asia-Pacific were China ($X), Japan ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports. These countries were followed by South Korea and Lao People's Democratic Republic, which together accounted for a further X People's Democratic Republic, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The and residues in Asia-Pacific stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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