Asia: Wood Fuel (Coniferous) Market 2020

Wood Fuel (Coniferous) Market Size in Asia

The revenue of the wood fuel (coniferous) market in Asia amounted to $X in 2017, shrinking by -X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. The level of wood fuel (coniferous) consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Production in Asia

In 2017, approx. X cubic meters of wood fuel (coniferous) were produced in Asia; stabilizing at the previous year. The wood fuel (coniferous) production continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2017, with an increase of X% y-o-y. Over the period under review, the wood fuel (coniferous) production attained its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Exports

Exports in Asia

In 2017, the amount of wood fuel (coniferous) exported in Asia amounted to X cubic meters, rising by X% against the previous year. The wood fuel (coniferous) exports continue to indicate a measured contraction. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. The volume of exports peaked of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, wood fuel (coniferous) exports stood at $X in 2017. The wood fuel (coniferous) exports continue to indicate a slight descent. Over the period under review, the wood fuel (coniferous) exports attained its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Exports by Country

In 2017, China (X cubic meters) was the main exporter for wood fuel (coniferous), generating X% of total exports. Indonesia (X cubic meters) ranks second in terms of the global exports with a X% share, followed by Malaysia (X%) and the United Arab Emirates (X%). Singapore (X cubic meters), Vietnam (X cubic meters), Taiwan, Chinese (X cubic meters), the Philippines (X cubic meters), Turkey (X cubic meters) and Japan (X cubic meters) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Japan (+X%), Singapore (+X%), the Philippines (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Malaysia (-X%), the United Arab Emirates (-X%), Indonesia (-X%), Vietnam (-X%) and Turkey (-X%) illustrated a downward trend over the same period. While the share of China (X%), Indonesia (X%), Vietnam (X%), the United Arab Emirates (X%), Turkey (X%) and Malaysia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Singapore (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest wood fuel (coniferous) supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

In China, wood fuel (coniferous) exports plunged by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-X% per year) and Malaysia (+X% per year).

Export Prices by Country

The wood fuel (coniferous) export price in Asia stood at $X per thousand cubic meters in 2017, declining by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. The level of export price peaked of $X per thousand cubic meters in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Philippines ($X per thousand cubic meters), while Taiwan, Chinese ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Wood Fuel (Coniferous) Imports

Imports in Asia

The imports amounted to X cubic meters in 2017, going up by X% against the previous year. The wood fuel (coniferous) imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the wood fuel (coniferous) imports attained its maximum volume of X cubic meters in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, wood fuel (coniferous) imports amounted to $X in 2017. The wood fuel (coniferous) imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Imports by Country

Japan (X cubic meters) and South Korea (X cubic meters) represented the main importers of wood fuel (coniferous) in 2017, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by Turkey (X cubic meters), India (X cubic meters), Saudi Arabia (X cubic meters) and Azerbaijan (X cubic meters), together achieving X% share of total imports. The following importers - China (X cubic meters), the United Arab Emirates (X cubic meters), Iran (X cubic meters), Malaysia (X cubic meters) and Qatar (X cubic meters) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood fuel (coniferous) markets worldwide were Japan ($X), South Korea ($X) and Turkey ($X), with a combined X% share of total imports. These countries were followed by India, Saudi Arabia, China, Qatar, Iran, the United Arab Emirates, Azerbaijan and Malaysia, which together accounted for a further X%.

Iran (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countriesover the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the wood fuel (coniferous) import price in Asia amounted to $X per thousand cubic meters, surging by X% against the previous year. The wood fuel (coniferous) import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. In that year, the import prices for wood fuel (coniferous) reached their peak level of $X per thousand cubic meters. From 2009 to 2017, growth of the import prices for wood fuel (coniferous) failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Qatar ($X per thousand cubic meters), while Azerbaijan ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform