China: Market for Wood Pellets And Other Agglomerates 2025

Market Size for Wood Pellets And Other Agglomerates in China

The Chinese market for wood pellets and other agglomerates rose notably to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, continues to indicate significant growth. Wood pellets and other agglomerates consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Wood Pellets And Other Agglomerates in China

In value terms, wood pellets and other agglomerates production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports from China

In 2022, approx. X tons of wood pellets and other agglomerates were exported from China; increasing by X% against 2021 figures. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood pellets and other agglomerates exports soared to $X in 2022. Over the period under review, exports saw buoyant growth. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for wood pellets and other agglomerates exports from China, accounting for a X% share of total exports. Moreover, wood pellets and other agglomerates exports to Malaysia exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), threefold. Slovenia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Slovenia (X.0% per year).

In value terms, Taiwan (Chinese) ($X), Malaysia ($X) and Japan ($X) were the largest markets for wood pellets and other agglomerates exported from China worldwide, together accounting for X% of total exports. Slovenia, South Korea, Singapore, Hong Kong SAR, Vietnam, Thailand, Italy, Australia, France and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for wood pellets and other agglomerates stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price showed resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Pellets And Other Agglomerates

Imports into China

In 2019, purchases abroad of wood pellets and other agglomerates decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports saw a significant curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2019, the growth of imports remained at a somewhat lower figure.

In value terms, wood pellets and other agglomerates imports declined dramatically to $X in 2019. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2019, the growth of imports remained at a lower figure.

Imports by Country

Vietnam (X kg), Malaysia (X kg) and Belgium (X kg) were the main suppliers of wood pellets and other agglomerates imports to China, with a combined X% share of total imports.

From 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest wood pellets and other agglomerates suppliers to China were Vietnam ($X), Malaysia ($X) and Germany ($X), together accounting for X% of total imports. Belgium and Indonesia lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for wood pellets and other agglomerates stood at $X per ton in 2019, surging by X% against the previous year. Overall, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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