Asia-Pacific: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Asia-Pacific

In 2020, the Asia-Pacific wood fuel (non-coniferous) market decreased by -X% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The level of consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Wood Fuel (Non-Coniferous) Production in Asia-Pacific

In value terms, wood fuel (non-coniferous) production declined to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Production By Country in Asia-Pacific

The country with the largest volume of wood fuel (non-coniferous) production was India (X cubic meters), accounting for X% of total volume. Moreover, wood fuel (non-coniferous) production in India exceeded the figures recorded by the second-largest producer, China (X cubic meters), threefold. The third position in this ranking was occupied by Indonesia (X cubic meters), with a X% share.

In India, wood fuel (non-coniferous) production remained relatively stable over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: China (-X% per year) and Indonesia (-X% per year).

Wood Fuel (Non-Coniferous) Exports

Exports in Asia-Pacific

Wood fuel (non-coniferous) exports contracted markedly to X cubic meters in 2020, falling by -X% against 2019. Over the period under review, exports faced a abrupt decrease. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, exports attained the peak of X cubic meters. from 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) exports fell significantly to $X in 2020. In general, exports faced a abrupt setback. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, China (X cubic meters) represented the major exporter of wood fuel (non-coniferous), generating X% of total exports. Malaysia (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%), Cambodia (X%) and Vietnam (X%). Thailand (X cubic meters) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to wood fuel (non-coniferous) exports from China stood at -X%. At the same time, Cambodia (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2020. Vietnam experienced a relatively flat trend pattern. By contrast, Malaysia (-X%), Thailand (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China, Cambodia, Vietnam and Malaysia increased by +X%, +X%, +X% and +X% percentage points, while Thailand (-X p.p.) and Indonesia (-X p.p.) saw their share reduced.

In value terms, China ($X), Malaysia ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of total exports. These countries were followed by Vietnam, Cambodia and Thailand, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of 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 wood fuel (non-coniferous) export price in Asia-Pacific stood at $X per cubic meter in 2020, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per cubic meter), while China ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Cambodia, while the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports in Asia-Pacific

In 2020, the amount of wood fuel (non-coniferous) imported in Asia-Pacific contracted markedly to X cubic meters, shrinking by -X% compared with the previous year. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X cubic meters in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, wood fuel (non-coniferous) imports dropped markedly to $X in 2020. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Japan (X cubic meters) and South Korea (X cubic meters) represented roughly X% of total imports of wood fuel (non-coniferous) in 2020. China (X cubic meters) ranks next in terms of the total imports with a X% share, followed by Australia (X%), India (X%) and Malaysia (X%). Hong Kong SAR (X cubic meters), French Polynesia (X cubic meters), New Zealand (X cubic meters), Singapore (X cubic meters) and Vietnam (X cubic meters) occupied a minor share of total imports.

From 2007 to 2020, the biggest increases were in French Polynesia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports. These countries were followed by China, India, Malaysia, Hong Kong SAR, French Polynesia, New Zealand, Singapore and Vietnam, which together accounted for a further X Polynesia saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The wood fuel (non-coniferous) import price in Asia-Pacific stood at $X per cubic meter in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was French Polynesia ($X per cubic meter), while Malaysia ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform