Report Update Nov 1, 2024

Cuba - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Wood Pellets Market 2024

Wood Pellets Exports

Exports by Country

In 2021, the United States (X tons), distantly followed by Vietnam (X tons), Canada (X tons), Latvia (X tons), Russia (X tons) and Estonia (X tons) were the major exporters of wood pellets, together mixing up 67% of total exports. The following exporters - Austria (X tons), Germany (X tons), Denmark (X tons), Lithuania (X tons), Belarus (X tons), Malaysia (X tons) and Belgium (X tons) - together made up 15% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +68.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Vietnam ($X) and Canada ($X) were the countries with the highest levels of exports in 2021, with a combined 42% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +67.8%, recorded 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.

Wood Pellets Imports

Imports by Country

The UK was the main importing country with an import of about X tons, which recorded 32% of total imports. South Korea (X tons) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Denmark (11%), Japan (11%), the Netherlands (9.5%) and Italy (7.3%). Belgium (X tons), Sweden (X tons), Germany (X tons) and Austria (X tons) took a minor share of total imports.

Imports into the UK increased at an average annual rate of +22.6% from 2012 to 2021. At the same time, South Korea (+54.3%), Japan (+51.8%), the Netherlands (+11.3%), Italy (+6.6%), Denmark (+5.3%), Austria (+4.7%) and Germany (+1.7%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +54.3% from 2012-2021. Belgium experienced a relatively flat trend pattern. By contrast, Sweden (-12.1%) illustrated a downward trend over the same period. While the share of the UK (+15 p.p.), South Korea (+11 p.p.) and Japan (+9.9 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Austria (-1.7 p.p.), the Netherlands (-2.4 p.p.), Germany (-2.6 p.p.), Sweden (-5.1 p.p.), Italy (-6.3 p.p.), Belgium (-7.8 p.p.) and Denmark (-12 p.p.) displayed negative dynamics.

In value terms, the UK ($X) constitutes the largest market for imported wood pellets into Cuba, comprising 34% of global imports. The second position in the ranking was held by Japan ($X), with an 11% share of global imports. It was followed by Denmark, with a 10% share.

In the UK, wood pellets imports expanded at an average annual rate of +22.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (+45.4% per year) and Denmark (+4.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?

The UK constituted the country with the largest volume of wood pellets consumption, accounting for 23% of total volume. Moreover, wood pellets consumption in the UK exceeded the figures recorded by the second-largest consumer, Italy, threefold. The Netherlands ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of wood pellets in the world?

United States constituted the country with the largest volume of wood pellets production, accounting for 19% of total volume. Moreover, wood pellets production in United States exceeded the figures recorded by the second-largest producer, Canada, twofold. The third position in this ranking was occupied by Viet Nam, with a 7.4% share.

What are the leading suppliers of wood pellets to Cuba?

In value terms, the UK constitutes the largest market for imported wood pellets into Cuba, comprising 29% of global imports. The second position in the ranking was occupied by Italy, with a 12% share of global imports. It was followed by the Netherlands, with a 11% share.

What are the leading importers of wood pellets from Cuba?

In value terms, United States remains the largest wood pellets supplier from Cuba, comprising 22% of global exports. The second position in the ranking was occupied by Canada, with a 9% share of global exports. It was followed by Viet Nam, with a 8.6% share.

What is the average export price for wood pellets in Cuba?

In 2020, the wood pellets export price in Cuba amounted to $0 per ton, approximately mirroring the previous year.

What is the average import price for wood pellets in Cuba?

The wood pellets import price in Cuba stood at $0 per ton in 2020, standing approx. at the previous year.

This report provides an in-depth analysis of the wood pellets market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1693 - Wood pellets

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023