Report Update Nov 1, 2024

Japan - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Wood Fuel Market 2024

Wood Fuel Market Size in Japan

The Japanese wood fuel market reached $X in 2022, surging by 3.5% against the previous year. Over the period under review, consumption, however, saw strong growth. Wood fuel consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wood Fuel Production in Japan

In value terms, wood fuel production expanded rapidly to $X in 2022 estimated in export price. Overall, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 97% against the previous year. Wood fuel production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Wood Fuel Exports

Exports from Japan

In 2022, overseas shipments of wood fuel increased by 14% to X cubic meters, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of 44%. As a result, the exports attained the peak of X cubic meters. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood fuel exports rose rapidly to $X in 2022. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by 71% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Maldives (X cubic meters) was the main destination for wood fuel exports from Japan, accounting for a 95% share of total exports. Moreover, wood fuel exports to Maldives exceeded the volume sent to the second major destination, Indonesia (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Maldives totaled -4.0%.

In value terms, Maldives ($X) remains the key foreign market for wood fuel exports from Japan, comprising 81% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives totaled -6.8%.

Export Prices by Country

In 2022, the average wood fuel export price amounted to $X per cubic meter, waning by -6.9% against the previous year. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54%. As a result, the export price reached the peak level of $X per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per cubic meter), while the average price for exports to Maldives totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-2.9%).

Wood Fuel Imports

Imports into Japan

For the fifth consecutive year, Japan recorded growth in overseas purchases of wood fuel, which increased by 26% to X cubic meters in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 257% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, wood fuel imports surged to $X in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 104%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Vietnam (X cubic meters) was the main wood fuel supplier to Japan, accounting for a 93% share of total imports. It was followed by China (X cubic meters), with a 2.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam totaled +90.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.0% per year) and Finland (+11.8% per year).

In value terms, Vietnam ($X) constituted the largest supplier of wood fuel to Japan, comprising 68% of total imports. The second position in the ranking was held by China ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam amounted to +93.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.1% per year) and Finland (+17.8% per year).

Import Prices by Country

In 2022, the average wood fuel import price amounted to $X per cubic meter, dropping by -3.2% against the previous year. Overall, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 160% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per cubic meter), while the price for Vietnam ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood fuel in the world?

The countries with the highest volumes of wood fuel consumption in 2021 were India, China and Brazil, with a combined 30% share of global consumption. These countries were followed by Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan, which together accounted for a further 30%.

What are the largest producers of wood fuel in the world?

The countries with the highest volumes of wood fuel production in 2021 were India, China and Brazil, together accounting for 30% of global production. These countries were followed by Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan, which together accounted for a further 30%.

What are the leading suppliers of wood fuel to Japan?

In value terms, the largest wood fuel suppliers to Japan were Vietnam, China and Thailand, with a combined 94% share of total imports.

What are the leading importers of wood fuel from Japan?

In value terms, Maldives remains the key foreign market for wood fuel exports from Japan.

What is the average export price for wood fuel in Japan?

The average wood fuel export price stood at $73 per cubic meter in 2021, reducing by -19.3% against the previous year.

What is the average import price for wood fuel in Japan?

In 2021, the average wood fuel import price amounted to $281 per cubic meter, shrinking by -20% against the previous year.

This report provides an in-depth analysis of the wood fuel market in Japan. 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 1627 - Wood fuel, coniferous (production)
FCL 1628 - Wood fuel, non-coniferous (production)

Country coverage:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023