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

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

In 2020, the Central Asian wood fuel (non-coniferous) market increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in the near future.

Wood Fuel (Non-Coniferous) Production in Central Asia

In value terms, wood fuel (non-coniferous) production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2010 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Central Asia

Kazakhstan (X cubic meters) constituted the country with the largest volume of wood fuel (non-coniferous) production, comprising approx. X% of total volume. Moreover, wood fuel (non-coniferous) production in Kazakhstan exceeded the figures recorded by the second-largest producer, Mongolia (X cubic meters), twofold. The third position in this ranking was occupied by Tajikistan (X cubic meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Kazakhstan stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Mongolia (-X% per year) and Tajikistan (X% per year).

Wood Fuel (Non-Coniferous) Exports

Exports in Central Asia

Wood fuel (non-coniferous) exports skyrocketed to X cubic meters in 2020, growing by X% against 2019 figures. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) exports skyrocketed to $X in 2020. Overall, exports posted prominent growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

In 2020, Tajikistan (X cubic meters) represented the largest exporter of wood fuel (non-coniferous), achieving X% of total exports. Kazakhstan (X cubic meters) occupied the second position in the ranking, followed by Uzbekistan (X cubic meters), Mongolia (X cubic meters) and Turkmenistan (X cubic meters). All these countries together took near X% share of total exports. Kyrgyzstan (X cubic meters) held a minor share of total exports.

Tajikistan experienced a relatively flat trend pattern with regard to volume of exports of wood fuel (non-coniferous). At the same time, Kazakhstan (+X%), Kyrgyzstan (+X%), Uzbekistan (+X%) and Mongolia (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +X% from 2007-2020. Turkmenistan experienced a relatively flat trend pattern. While the share of Tajikistan (+X p.p.), Kazakhstan (+X p.p.) and Uzbekistan (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Turkmenistan (-X p.p.) and Mongolia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Tajikistan ($X) and Turkmenistan ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

In terms of the main exporting countries, Kazakhstan saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The wood fuel (non-coniferous) export price in Central Asia stood at $X per cubic meter in 2020, declining by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X% y-o-y. The level of export peaked at $X per cubic meter in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Kazakhstan ($X per cubic meter), while Mongolia ($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 Turkmenistan, while the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports in Central Asia

In 2020, the amount of wood fuel (non-coniferous) imported in Central Asia soared to X cubic meters, growing by X% on the previous year's figure. Over the period under review, imports saw a moderate expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. The volume of import peaked in 2020 and is likely to see gradual growth in years to come.

In value terms, wood fuel (non-coniferous) imports soared to $X in 2020. Overall, imports saw a noticeable slump. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Kazakhstan was the key importing country with an import of around X cubic meters, which accounted for X% of total imports. Mongolia (X cubic meters) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Tajikistan (X%), Turkmenistan (X%) and Uzbekistan (X%). Kyrgyzstan (X cubic meters) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +X% from 2007 to 2020. At the same time, Mongolia (+X%), Tajikistan (+X%) and Uzbekistan (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. By contrast, Kyrgyzstan (-X%) and Turkmenistan (-X%) illustrated a downward trend over the same period. While the share of Mongolia (+X p.p.), Tajikistan (+X p.p.) and Uzbekistan (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Kyrgyzstan (-X p.p.) and Turkmenistan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported wood fuel (non-coniferous) in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Tajikistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Kazakhstan, wood fuel (non-coniferous) imports shrank by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Tajikistan (+X% per year) and Turkmenistan (-X% per year).

Import Prices by Country

The wood fuel (non-coniferous) import price in Central Asia stood at $X per cubic meter in 2020, remaining relatively unchanged against the previous year. Overall, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2008 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. from 2009 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Uzbekistan ($X per cubic meter), while Kyrgyzstan ($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 Tajikistan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform