India: Wood Residues Market 2022

Wood Residues Market Size in India

In 2020, the Indian wood residues market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption recorded a perceptible slump. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Wood residues consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Wood Residues Exports

Exports from India

In 2020, shipments abroad of wood residues increased by X% to X cubic meters, rising for the seventh year in a row after six years of decline. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, wood residues exports fell to $X in 2020. Over the period under review, exports continue to indicate a sharp setback. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X cubic meters), France (X cubic meters) and Mauritius (X cubic meters) were the main destinations of wood residues exports from India, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Mauritius, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) constituted the largest markets for wood residues exported from India worldwide, with a combined X% share of total exports. These countries were followed by Austria, Poland, France, Norway, Belarus, Lithuania, Suriname, Benin and Mauritius, which together accounted for a further X terms of the main countries of destination, Belarus recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, reducing by -X% against the previous year. In general, the export price saw a precipitous decrease. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per cubic meter. from 2014 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per cubic meter), while the average price for exports to Liberia ($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 Belgium, while the prices for the other major destinations experienced a decline.

Wood Residues Imports

Imports into India

In 2020, purchases abroad of wood residues decreased by -X% to X cubic meters, falling for the second consecutive year after three years of growth. In general, imports saw a pronounced curtailment. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, wood residues imports reduced slightly to $X in 2020. Over the period under review, imports showed a slight curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to India, with a combined X% share of total imports. Germany, Italy, Norway, Canada, Sweden, the Netherlands, Poland, the U.S., Slovakia and Lithuania lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood residues suppliers to India were France ($X), Austria ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by Belgium, the U.S., Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, among 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 wood residues import price stood at $X per cubic meter in 2020, picking up by X% against the previous year. Overall, the import price showed a temperate expansion. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per cubic meter), while the price for Canada ($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 France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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