Malaysia: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in Malaysia

After three years of growth, the Malaysian market for wood chips, particles and residues decreased by -X% to $X in 2021. In general, consumption continues to indicate a abrupt setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Wood Chips, Particles And Residues in Malaysia

In value terms, wood chips, particles and residues production fell dramatically to $X in 2021 estimated in export price. Overall, production saw a dramatic decrease. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Wood Chips, Particles And Residues

Exports from Malaysia

In 2021, wood chips, particles and residues exports from Malaysia was estimated at X tons, remaining relatively unchanged against 2020. Overall, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, wood chips, particles and residues exports reduced rapidly to $X in 2021. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2020, and then dropped sharply in the following year.

Exports by Country

Japan (X tons) and China (X tons) were the main destinations of wood chips, particles and residues exports from Malaysia.

From 2012 to 2020, the biggest increases were in China (with a CAGR of +X value terms, the largest markets for wood chips, particles and residues exported from Malaysia were Japan ($X) and China ($X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average export price for wood chips, particles and residues amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Japan ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-X%).

Imports of Wood Chips, Particles And Residues

Imports into Malaysia

For the third consecutive year, Malaysia recorded decline in overseas purchases of wood chips, particles and residues, which decreased by -X% to X kg in 2021. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth imports remained at a lower figure.

In value terms, wood chips, particles and residues imports fell sharply to $X in 2021. In general, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X kg), France (X kg) and Austria (X kg) were the main suppliers of wood chips, particles and residues imports to Malaysia, with a combined X% share of total imports. Belgium, Italy, Estonia, Norway, Canada, the UK, the Netherlands, Poland, the United States and Slovakia lagged somewhat behind, together comprising a further X 2012 to 2020, the biggest increases were in Estonia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of wood chips, particles and residues to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Austria, with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Austria (-X% per year).

Import Prices by Country

In 2020, the average import price for wood chips, particles and residues amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Estonia (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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