Cabo Verde: Wood Fuel (Non-Coniferous) Market 2020

Wood Fuel (Non-Coniferous) Market Size in Cabo Verde

The revenue of the wood fuel (non-coniferous) market in Cabo Verde amounted to $X in 2018, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, wood fuel (non-coniferous) consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. In that year, the wood fuel (non-coniferous) market reached its peak level of $X. From 2013 to 2018, the growth of the wood fuel (non-coniferous) market remained at a lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports by Country

In 2018, Indonesia (X cubic meters), distantly followed by Brazil (X cubic meters), China (X cubic meters) and the U.S. (X cubic meters) were the key exporters of wood fuel (non-coniferous), together committing X% of total exports. Poland (X cubic meters), Malaysia (X cubic meters), Canada (X cubic meters), Vietnam (X cubic meters), Bosnia and Herzegovina (X cubic meters), Italy (X cubic meters), Germany (X cubic meters) and the Netherlands (X cubic meters) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Brazil ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by China, Poland, Italy, Malaysia, Germany, Canada, the Netherlands, Vietnam and Bosnia and Herzegovina, which together accounted for a further X and Herzegovina recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wood fuel (non-coniferous) export price in Cabo Verde stood at $X per cubic meter in 2018, stabilizing at the previous year. Overall, the wood fuel (non-coniferous) export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for wood fuel (non-coniferous) reached their maximum at $X per cubic meter in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per cubic meter), while Indonesia ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina, while the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into Cabo Verde

In 2018, the amount of wood fuel (non-coniferous) imported into Cabo Verde stood at X cubic meters, increasing by X% against the previous year. In general, wood fuel (non-coniferous) imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Cabo Verde imports peaked at X cubic meters in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) imports amounted to $X in 2018. In general, wood fuel (non-coniferous) imports continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. In that year, wood fuel (non-coniferous) imports attained their peak of $X. From 2015 to 2018, the growth of wood fuel (non-coniferous) imports remained at a somewhat lower figure.

Imports by Country

The U.S. (X cubic meters) and Taiwan, Chinese (X cubic meters) were the main importers of wood fuel (non-coniferous) in 2018, accounting for near X% and X% of total imports, respectively. Mexico (X cubic meters) occupied the next position in the ranking, followed by France (X cubic meters), South Korea (X cubic meters) and Australia (X cubic meters). All these countries together took approx. X% share of total imports. The following importers - Germany (X cubic meters), Japan (X cubic meters), the UK (X cubic meters), Italy (X cubic meters), Belgium (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mexico, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported wood fuel (non-coniferous) into Cabo Verde, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and the UK (-X% per year).

Import Prices by Country

The wood fuel (non-coniferous) import price in Cabo Verde stood at $X per cubic meter in 2018, declining by -X% against the previous year. Over the period under review, the wood fuel (non-coniferous) import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. Over the period under review, the import prices for wood fuel (non-coniferous) reached their peak figure at $X per cubic meter in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform