China: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in China

The Chinese wood fuel (non-coniferous) market contracted modestly to $X in 2020, reducing by -X% against the previous year. Over the period under review, consumption saw a mild decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Wood Fuel (Non-Coniferous) Production in China

In value terms, wood fuel (non-coniferous) production declined to $X in 2020 estimated in export prices. Overall, production saw a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. from 2015 to 2020, production growth remained at a lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from China

For the sixth consecutive year, China recorded decline in overseas shipments of wood fuel (non-coniferous), which decreased by -X% to X cubic meters in 2020. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at X cubic meters in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports plummeted to $X in 2020. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X cubic meters), Japan (X cubic meters) and South Korea (X cubic meters) were the main destinations of wood fuel (non-coniferous) exports from China, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea, while exports for the other leaders experienced a decline.

In value terms, the largest markets for wood fuel (non-coniferous) exported from China were Japan ($X), the U.S. ($X) and South Korea ($X), with a combined X% share of total exports.

In terms of the main countries of destination, South Korea recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to Japan ($X per cubic meter) and Canada ($X per cubic meter), while the average price for exports to the UK ($X per cubic meter) and South Korea ($X per cubic meter) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into China

In 2020, overseas purchases of wood fuel (non-coniferous) increased by X% to X cubic meters, rising for the second consecutive year after three years of decline. In general, imports enjoyed a noticeable expansion. Over the period under review, imports reached the peak figure at X cubic meters in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, wood fuel (non-coniferous) imports soared to $X in 2020. Over the period under review, imports recorded a slight expansion. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

Myanmar (X cubic meters), Russia (X cubic meters) and the U.S. (X cubic meters) were the main suppliers of wood fuel (non-coniferous) imports to China, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Myanmar (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X) constituted the largest supplier of wood fuel (non-coniferous) to China, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Myanmar stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2020, the average wood fuel (non-coniferous) import price amounted to $X per cubic meter, rising by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per cubic meter), while the price for Russia ($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 Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform