Indonesia: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Indonesia

The Indonesian market for wood chips, particles and residues was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption enjoyed a buoyant increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Wood Chips, Particles And Residues in Indonesia

In value terms, wood chips, particles and residues production reduced sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Wood chips, particles and residues production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports from Indonesia

Wood chips, particles and residues exports from Indonesia declined modestly to X tons in 2021, falling by -X% against the previous year. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, wood chips, particles and residues exports reduced to $X in 2021. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for wood chips, particles and residues exports from Indonesia, accounting for a X% share of total exports. Moreover, wood chips, particles and residues exports to Japan exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), eightfold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-X% per year) and China (-X% per year).

In value terms, Japan ($X) remains the key foreign market for wood chips, particles and residues exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-X% per year) and China (-X% per year).

Export Prices by Country

The average export price for wood chips, particles and residues stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+X%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips, Particles And Residues

Imports into Indonesia

In 2021, the amount of wood chips, particles and residues imported into Indonesia contracted dramatically to X kg, waning by -X% on the previous year's figure. Over the period under review, imports faced a sharp shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth imports failed to regain momentum.

In value terms, wood chips, particles and residues imports shrank markedly to $X in 2021. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

Germany (X kg), Vietnam (X kg) and France (X kg) were the main suppliers of wood chips, particles and residues imports to Indonesia, with a combined X% share of total imports. Austria, Belgium, Spain, Italy, Norway, Canada, the United States, Sweden and the Netherlands lagged somewhat behind, together comprising a further X 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, particles and residues suppliers to Indonesia were Germany ($X), Spain ($X) and Vietnam ($X), with a combined X% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for wood chips, particles and residues amounted to $X per ton, with a decrease of -X% against the previous year. In general, the import price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2019, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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