Indonesia: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Indonesia

In 2020, the Indonesian wood fuel (non-coniferous) market decreased by -X% to $X, falling for the eighth consecutive year after two years of growth. In general, consumption saw a abrupt setback. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Wood fuel (non-coniferous) consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Production in Indonesia

In value terms, wood fuel (non-coniferous) production contracted to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a deep slump. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Wood Fuel (Non-Coniferous) Exports

Exports from Indonesia

In 2020, shipments abroad of wood fuel (non-coniferous) decreased by -X% to X cubic meters for the first time since 2015, thus ending a four-year rising trend. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Exports peaked at X cubic meters in 2019, and then declined remarkably in the following year.

In value terms, wood fuel (non-coniferous) exports fell markedly to $X in 2020. Overall, exports faced a deep reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

South Korea (X cubic meters) was the main destination for wood fuel (non-coniferous) exports from Indonesia, accounting for a X% share of total exports. Moreover, wood fuel (non-coniferous) exports to South Korea exceeded the volume sent to the second major destination, China (X cubic meters), threefold. South Africa (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to South Korea amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and South Africa (+X% per year).

In value terms, South Korea ($X), Japan ($X) and South Africa ($X) were the largest markets for wood fuel (non-coniferous) exported from Indonesia worldwide, with a combined X% share of total exports. Vietnam, the U.S., China and Taiwan (Chinese) lagged somewhat behind, together comprising a further X Nam recorded the highest rates of growth with regard to the value of exports, among 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

The average wood fuel (non-coniferous) export price stood at $X per cubic meter in 2020, growing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Vietnam ($X per cubic meter), while the average price for exports to Taiwan (Chinese) ($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 Vietnam, while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports into Indonesia

In 2020, approx. X cubic meters of wood fuel (non-coniferous) were imported into Indonesia; declining by -X% against 2019 figures. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Imports peaked at X cubic meters in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) imports fell notably to $X in 2020. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X cubic meters) constituted the largest supplier of wood fuel (non-coniferous) to Indonesia, accounting for a X% share of total imports. Moreover, wood fuel (non-coniferous) imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X cubic meters), sixfold. The third position in this ranking was occupied by Germany (X cubic meters), with a X% share.

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

In value terms, Denmark ($X), China ($X) and Germany ($X) constituted the largest wood fuel (non-coniferous) suppliers to Indonesia, with a combined X% share of total imports.

Among the main suppliers, Denmark saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood fuel (non-coniferous) import price stood at $X per cubic meter in 2020, with an increase of X% against the previous year. Overall, import price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood fuel (non-coniferous) import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per cubic meter), while the price for China ($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 Denmark, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform