Report Update Jan 1, 2025

India - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights

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India: Solid Biofuel Market 2025

Solid Biofuel Market Size in India

The Indian solid biofuel market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a perceptible shrinkage. Solid biofuel consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Solid Biofuel Production in India

In value terms, solid biofuel production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced reduction. The growth pace was the most rapid in 2019 with an increase of X%. Solid biofuel production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Solid Biofuel Exports

Exports from India

In 2022, after five years of growth, there was significant decline in overseas shipments of solid biofuels, when their volume decreased by X% to X tons. In general, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped rapidly in the following year.

In value terms, solid biofuel exports expanded remarkably to $X in 2022. Overall, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Bhutan (X tons) was the main destination for solid biofuel exports from India, with a X% share of total exports. It was followed by Sri Lanka (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bhutan stood at X%.

In value terms, Bhutan ($X) remains the key foreign market for solid biofuels exports from India, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bhutan stood at X%.

Export Prices by Country

The average solid biofuel export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a pronounced reduction. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Bhutan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (X%).

Solid Biofuel Imports

Imports into India

In 2022, supplies from abroad of solid biofuels decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell sharply in the following year.

In value terms, solid biofuel imports declined rapidly to $X in 2022. Overall, imports, however, posted a significant increase. 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 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Bhutan (X tons) and Indonesia (X tons) were the main suppliers of solid biofuel imports to India, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest solid biofuel suppliers to India were China ($X), Indonesia ($X) and Sri Lanka ($X), together accounting for X% of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average solid biofuel import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for Bhutan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for solid biofuels in the world?

The countries with the highest volumes of in 2021 were the UK, Brazil and Ethiopia, with a combined 21% share of global consumption. These countries were followed by Nigeria, Japan, the Netherlands, India, Democratic Republic of the Congo, China, Germany, South Korea, Denmark and Italy, which together accounted for a further 31%.

What are the largest producers of solid biofuels in the world?

The countries with the highest volumes of in 2021 were the United States, Brazil and Nigeria, together accounting for 22% of global production. These countries were followed by Ethiopia, Vietnam, Canada, India, Germany, Democratic Republic of the Congo, Russia, China, Latvia and Tanzania, which together accounted for a further 31%.

What are the leading suppliers of solid biofuels to India?

In value terms, the largest solid biofuel suppliers to India were China, Sri Lanka and Indonesia.

What are the leading importers of solid biofuels from India?

In value terms, Bhutan emerged as the key foreign market for solid biofuel exports from India, comprising 811% of total exports. The second position in the ranking was occupied by Sri Lanka, with a 129% share of total exports.

What is the average export price for solid biofuels in India?

In 2021, the average solid biofuel export price amounted to $817 per ton, rising by 40% against the previous year.

What is the average import price for solid biofuels in India?

The average solid biofuel import price stood at $525 per ton in 2021, which is down by -23.2% against the previous year.

This report provides an in-depth analysis of the solid biofuel market in India. 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 1630 - Wood charcoal
FCL 1693 - Wood pellets

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024