India: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in India

In 2020, the Indian wood fuel (non-coniferous) market decreased by -X% to $X, falling for the second consecutive year after three years of growth. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Wood Fuel (Non-Coniferous) Production in India

In value terms, wood fuel (non-coniferous) production shrank to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from India

In 2020, wood fuel (non-coniferous) exports from India skyrocketed to X cubic meters, surging by X% compared with the previous year. Over the period under review, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at X cubic meters in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports surged to $X in 2020. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X cubic meters), China (X cubic meters) and Nepal (X cubic meters) were the main destinations of wood fuel (non-coniferous) exports from India, with a combined X% share of total exports. Singapore, Mauritius, Iraq, Italy, Turkey, Spain, the UK, the U.S., Israel and South Korea lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood fuel (non-coniferous) exported from India were the United Arab Emirates ($X), Singapore ($X) and Nepal ($X), with a combined X% share of total exports.

The United Arab Emirates saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, remaining stable against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Turkey ($X per cubic meter), while the average price for exports to Iraq ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into India

In 2020, after four years of growth, there was significant decline in purchases abroad of wood fuel (non-coniferous), when their volume decreased by -X% to X cubic meters. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X cubic meters in 2019, and then dropped rapidly in the following year.

In value terms, wood fuel (non-coniferous) imports dropped to $X in 2020. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Indonesia (X cubic meters) constituted the largest supplier of wood fuel (non-coniferous) to India, with a X% share of total imports. Moreover, wood fuel (non-coniferous) imports from Indonesia exceeded the figures recorded by the second-largest supplier, China (X cubic meters), twofold. Brazil (X cubic meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Indonesia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Brazil (+X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of wood fuel (non-coniferous) to India, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Indonesia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average wood fuel (non-coniferous) import price amounted to $X per cubic meter, picking up by X% against the previous year. Overall, the import price, however, saw a mild curtailment. The import price peaked at $X per cubic meter in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per cubic meter), while the price for China ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform