Malaysia: Wood Residues Market 2022

Wood Residues Market Size in Malaysia

In 2020, the Malaysian wood residues market increased by X% to $X, rising for the third year in a row after four years of decline. Overall, consumption, however, recorded a deep reduction. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Wood residues consumption peaked at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Wood Residues Production in Malaysia

In value terms, wood residues production totaled $X in 2020 estimated in export prices. Over the period under review, production showed a mild decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2009; however, from 2010 to 2020, production remained at a lower figure.

Wood Residues Exports

Exports from Malaysia

For the fourth consecutive year, Malaysia recorded decline in overseas shipments of wood residues, which decreased by -X% to X cubic meters in 2020. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X cubic meters in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, wood residues exports expanded slightly to $X in 2020. Overall, exports enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Malaysia, together comprising X% of total exports. Austria, Belgium, France, Norway, Belarus, Spain, Croatia, Vietnam, the Czech Republic and Canada lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Belarus (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) were the largest markets for wood residues exported from Malaysia worldwide, together accounting for X% of total exports. These countries were followed by Canada, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus, which together accounted for a further X the main countries of destination, Belarus (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, growing by X% against the previous year. In general, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($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 more modest paces of growth.

Wood Residues Imports

Imports into Malaysia

Wood residues imports into Malaysia totaled X cubic meters in 2020, stabilizing at the previous year's figure. Overall, imports recorded modest growth. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of X cubic meters. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, wood residues imports shrank to $X in 2020. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat 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 Malaysia, with a combined X% share of total imports. These countries were followed by Germany, Italy, Norway, Canada, the Netherlands, Poland, the U.S., Slovakia, Lithuania and Finland, which together accounted for a further X 2007 to 2020, the biggest increases were in Slovakia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Germany ($X) constituted the largest wood residues suppliers to Malaysia, with a combined X% share of total imports. These countries were followed by Belgium, the U.S., Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Slovakia and Finland, which together accounted for a further X terms of the main suppliers, Norway saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average wood residues import price stood at $X per cubic meter in 2020, reducing by -X% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 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 2008; however, from 2009 to 2020, import prices stood at a somewhat 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 Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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