Central Asia: Wood Residues Market 2022

Wood Residues Market Size in Central Asia

The Central Asian wood residues market fell to $X in 2020, declining by -X% against the previous year. Overall, consumption faced a abrupt shrinkage. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Wood Residues Production in Central Asia

In value terms, wood residues production declined markedly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Production By Country in Central Asia

The country with the largest volume of wood residues production was Kyrgyzstan (X cubic meters), accounting for X% of total volume. Moreover, wood residues production in Kyrgyzstan exceeded the figures recorded by the second-largest producer, Kazakhstan (X cubic meters), threefold.

In Kyrgyzstan, wood residues production plunged by an average annual rate of -X% over the period from 2007-2020.

Wood Residues Exports

Exports by Country

The biggest shipments were from Mongolia (X cubic meters), together reaching X% of total export.

Mongolia experienced a relatively flat trend pattern with regard to volume of exports of wood residues. While the share of Mongolia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mongolia ($X) also remains the largest wood residues supplier in Central Asia.

From 2007 to 2020, the average annual rate of growth in terms of value in Mongolia was relatively modest.

Export Prices by Country

In 2020, the wood residues export price in Central Asia amounted to $X per cubic meter, jumping by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, export prices reached the maximum in 2020 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Mongolia.

From 2007 to 2020, the rate of growth in terms of prices for Mongolia amounted to X% per year.

Wood Residues Imports

Imports in Central Asia

In 2020, the amount of wood residues imported in Central Asia expanded markedly to X cubic meters, growing by X% on the previous year's figure. In general, imports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The volume of import peaked at X cubic meters in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, wood residues imports soared to $X in 2020. Over the period under review, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

Kazakhstan was the key importing country with an import of about X cubic meters, which accounted for X% of total imports. It was distantly followed by Uzbekistan (X cubic meters), creating a X% share of total imports. Mongolia (X cubic meters) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the wood residues imports, with a CAGR of +X% from 2007 to 2020. At the same time, Mongolia (+X%) displayed positive paces of growth. By contrast, Uzbekistan (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Kazakhstan and Mongolia increased by +X% and +X% percentage points, while Uzbekistan (-X p.p.) saw their share reduced.

In value terms, Kazakhstan ($X) constitutes the largest market for imported wood residues in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of total imports.

In Kazakhstan, wood residues imports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (+X% per year) and Uzbekistan (-X% per year).

Import Prices by Country

In 2020, the wood residues import price in Central Asia amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2020 and is expected to retain 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 Kazakhstan ($X per cubic meter), while Uzbekistan ($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 Mongolia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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