Eastern Asia: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Eastern Asia

The East Asian market for wood chips, particles and residues amounted to $X in 2021, standing approx. at the previous year. In general, consumption recorded strong growth. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Wood Chips, Particles And Residues in Eastern Asia

In value terms, wood chips, particles and residues production shrank significantly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. The level of production peaked at $X in 2020, and then declined dramatically in the following year.

Production By Country in Eastern Asia

China (X tons) constituted the country with the largest volume of wood chips, particles and residues production, accounting for X% of total volume. Moreover, wood chips, particles and residues production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume in China totaled -X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (-X% per year).

Exports of Wood Chips, Particles And Residues

Exports in Eastern Asia

In 2021, shipments abroad of wood chips, particles and residues decreased by -X% to X tons, falling for the sixth year in a row after four years of growth. In general, exports faced a sharp decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, wood chips, particles and residues exports fell notably to $X in 2021. Over the period under review, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, China (X tons) represented the key exporter of wood chips, particles and residues, creating X% of total exports. It was distantly followed by Japan (X kg), committing a X% share of total exports. The following exporters - Democratic People's Republic of Korea (X kg), Taiwan (Chinese) (X kg), South Korea (X kg) and Hong Kong SAR (X kg) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to wood chips, particles and residues exports from China stood at -X%. At the same time, Taiwan (Chinese) (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2012-2021. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-X%), Democratic People's Republic of Korea (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Japan, Taiwan (Chinese) and South Korea increased by +X, +X and +X percentage points, respectively.

In value terms, China ($X) remains the largest wood chips, particles and residues supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with an X% share of total exports. It was followed by Japan, with an X% share.

From 2012 to 2021, the average annual growth rate of value in China stood at -X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-X% per year) and Japan (-X% per year).

Export Prices by Country

In 2021, the and residues in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price posted prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports in Eastern Asia

In 2021, overseas purchases of wood chips, particles and residues increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood chips, particles and residues imports expanded to $X in 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

China (X tons) and Japan (X tons) prevails in imports structure, together generating X% of total imports. The following importers - Taiwan (Chinese) (X tons) and South Korea (X tons) - each amounted to a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

In terms of the main importing countries, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The and residues in Eastern Asia stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, the import price saw a perceptible descent. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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