Equatorial Guinea: Wood Fuel (Non-Coniferous) Market 2020

Wood Fuel (Non-Coniferous) Market Size in Equatorial Guinea

The revenue of the wood fuel (non-coniferous) market in Equatorial Guinea amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, wood fuel (non-coniferous) consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, the wood fuel (non-coniferous) market reached its peak level of $X. From 2013 to 2018, the growth of the wood fuel (non-coniferous) market remained at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports by Country

In 2018, Indonesia (X cubic meters), distantly followed by Brazil (X cubic meters), China (X cubic meters) and the U.S. (X cubic meters) were the main exporters of wood fuel (non-coniferous), together mixing up X% of total exports. Poland (X cubic meters), Malaysia (X cubic meters), Canada (X cubic meters), Vietnam (X cubic meters), Bosnia and Herzegovina (X cubic meters), Italy (X cubic meters), Germany (X cubic meters) and the Netherlands (X cubic meters) occupied a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the largest wood fuel (non-coniferous) markets from Equatorial Guinea were Indonesia ($X), Brazil ($X) and the U.S. ($X), together accounting for X% of total exports. These countries were followed by China, Poland, Italy, Malaysia, Germany, Canada, the Netherlands, Vietnam and Bosnia and Herzegovina, which together accounted for a further X the main exporting countries, Bosnia and Herzegovina experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wood fuel (non-coniferous) export price in Equatorial Guinea stood at $X per cubic meter in 2018, approximately mirroring the previous year. Over the period under review, the wood fuel (non-coniferous) export price continues to indicate a relatively flat trend pattern. Equatorial Guinea export price peaked at $X per cubic meter in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per cubic meter), while Indonesia ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina, while the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into Equatorial Guinea

In 2018, the wood fuel (non-coniferous) imports into Equatorial Guinea stood at X cubic meters, dropping by -X% against the previous year. Overall, wood fuel (non-coniferous) imports continue to indicate a drastic drop. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. In that year, wood fuel (non-coniferous) imports reached their peak of X cubic meters. From 2013 to 2018, the growth of wood fuel (non-coniferous) imports remained at a lower figure.

In value terms, wood fuel (non-coniferous) imports stood at $X in 2018. Overall, wood fuel (non-coniferous) imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. In that year, wood fuel (non-coniferous) imports reached their peak of $X. From 2013 to 2018, the growth of wood fuel (non-coniferous) imports remained at a somewhat lower figure.

Imports by Country

The U.S. (X cubic meters) and Taiwan, Chinese (X cubic meters) represented roughly X% of total imports of wood fuel (non-coniferous) in 2018. It was distantly followed by Mexico (X cubic meters), France (X cubic meters), South Korea (X cubic meters) and Australia (X cubic meters), together making up a X% share of total imports. The following importers - Germany (X cubic meters), Japan (X cubic meters), the UK (X cubic meters), Italy (X cubic meters), Belgium (X cubic meters) and India (X cubic meters) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mexico, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported wood fuel (non-coniferous) into Equatorial Guinea, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and the UK (-X% per year).

Import Prices by Country

In 2018, the wood fuel (non-coniferous) import price in Equatorial Guinea amounted to $X per cubic meter, approximately mirroring the previous year. Over the period under review, the wood fuel (non-coniferous) import price continues to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, the import prices for wood fuel (non-coniferous) reached their maximum in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform