Eritrea: Wood Fuel (Non-Coniferous) Market 2020

Wood Fuel (Non-Coniferous) Market Size in Eritrea

The revenue of the wood fuel (non-coniferous) market in Eritrea amounted to $X in 2018, standing approx. at 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). In general, wood fuel (non-coniferous) consumption, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the wood fuel (non-coniferous) market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood 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 major exporters of wood fuel (non-coniferous), together comprising 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) followed a long way behind the leaders.

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, Indonesia ($X), Brazil ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by China, Poland, Italy, Malaysia, Germany, Canada, the Netherlands, Vietnam, Bosnia and Herzegovina and Eritrea, which together accounted for a further X and Herzegovina experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The wood fuel (non-coniferous) export price in Eritrea stood at $X per cubic meter in 2018, lowering by -X% against the previous year. Overall, the wood fuel (non-coniferous) export price continues to indicate a relatively flat trend pattern. Eritrea export price peaked at $X per cubic meter in 2017, and then declined slightly in the following year.

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 Eritrea

In 2018, the amount of wood fuel (non-coniferous) imported into Eritrea amounted to X cubic meters, dropping by -X% against the previous year. Overall, wood fuel (non-coniferous) imports continue to indicate a drastic decline. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Eritrea imports peaked at X cubic meters in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, wood fuel (non-coniferous) imports totaled $X in 2018. In general, wood fuel (non-coniferous) imports continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, wood fuel (non-coniferous) imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. (X cubic meters) and Taiwan, Chinese (X cubic meters) represented the main importers of wood fuel (non-coniferous) in 2018, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Mexico (X cubic meters), France (X cubic meters), South Korea (X cubic meters) and Australia (X cubic meters), together creating 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. ($X) constitutes the largest market for imported wood fuel (non-coniferous) into Eritrea, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In the U.S., wood fuel (non-coniferous) imports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and the UK (-X% per year).

Import Prices by Country

The wood fuel (non-coniferous) import price in Eritrea stood at $X per cubic meter in 2018, falling by -X% against the previous year. Overall, the wood fuel (non-coniferous) import price continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. In that year, the import prices for wood fuel (non-coniferous) reached their peak level of $X per cubic meter. From 2012 to 2018, the growth in terms of the import prices for wood fuel (non-coniferous) remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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