Report Update Nov 1, 2024

New Zealand - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Wood Fuel Market 2024

Wood Fuel Market Size in New Zealand

The New Zealand wood fuel market surged to $X in 2022, jumping by 28% against the previous year. Over the period under review, consumption continues to indicate a dramatic shrinkage. Wood fuel consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wood Fuel Production in New Zealand

In value terms, wood fuel production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight downturn. The growth pace was the most rapid in 2014 when the production volume increased by 28% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Wood Fuel Exports

Exports from New Zealand

For the third year in a row, New Zealand recorded growth in overseas shipments of wood fuel, which increased by 339% to X cubic meters in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 47,500% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, wood fuel exports skyrocketed to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 52,455%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Japan (X cubic meters) was the main destination for wood fuel exports from New Zealand, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at +45.7%.

In value terms, Japan ($X) also remains the key foreign market for wood fuel exports from New Zealand.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to +49.8%.

Export Prices by Country

The average wood fuel export price stood at $X per cubic meter in 2022, with an increase of 23% against the previous year. In general, the export price enjoyed notable growth. The growth pace was the most rapid in 2020 when the average export price increased by 120%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +24.9% per year.

Wood Fuel Imports

Imports into New Zealand

In 2022, supplies from abroad of wood fuel decreased by -58.1% to X cubic meters, falling for the second year in a row after four years of growth. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 10,300% against the previous year. Over the period under review, imports reached the peak figure at X cubic meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, wood fuel imports contracted markedly to $X in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 4,052% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Lithuania (X cubic meters) constituted the largest wood fuel supplier to New Zealand, accounting for a 71% share of total imports. Moreover, wood fuel imports from Lithuania exceeded the figures recorded by the second-largest supplier, Ukraine (X cubic meters), fivefold. The third position in this ranking was held by Honduras (X cubic meters), with an 11% share.

From 2013 to 2022, the average annual growth rate of volume from Lithuania stood at +33.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-36.5% per year) and Honduras (-28.9% per year).

In value terms, Lithuania ($X) constituted the largest supplier of wood fuel to New Zealand, comprising 74% of total imports. The second position in the ranking was held by Honduras ($X), with a 12% share of total imports. It was followed by Ukraine, with an 11% share.

From 2013 to 2022, the average annual growth rate of value from Lithuania totaled +64.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (-9.3% per year) and Ukraine (-23.8% per year).

Import Prices by Country

In 2022, the average wood fuel import price amounted to $X per cubic meter, increasing by 43% against the previous year. Over the period under review, the import price, however, saw a significant decline. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Honduras ($X per cubic meter) and Lithuania ($X per cubic meter), while the price for Ukraine ($X per cubic meter) and the United States ($X per cubic meter) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+27.7%), 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, together accounting for 30% 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. Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of wood fuel to New Zealand?

In value terms, Lithuania constituted the largest supplier of wood fuel to New Zealand, comprising 52% of total imports. The second position in the ranking was occupied by Ukraine, with a 24% share of total imports. It was followed by Germany, with a 10% share.

What is the average export price for wood fuel in New Zealand?

In 2021, the average wood fuel export price amounted to $118 per cubic meter, approximately mirroring the previous year.

What is the average import price for wood fuel in New Zealand?

In 2021, the average wood fuel import price amounted to $108 per cubic meter, growing by 14% against the previous year.

This report provides an in-depth analysis of the wood fuel market in New Zealand. 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:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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