Report Update Nov 1, 2024

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

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Peru: Wood Fuel Market 2024

Wood Fuel Market Size in Peru

In 2022, the Peruvian wood fuel market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.4% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Wood Fuel Production in Peru

In value terms, wood fuel production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong increase. The growth pace was the most rapid in 2015 when the production volume increased by 140% against the previous year. Wood fuel production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Wood Fuel Exports

Exports from Peru

In 2022, approx. X cubic meters of wood fuel were exported from Peru; falling by -72.2% against 2021. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2017 when exports increased by 413% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wood fuel exports contracted markedly to $X in 2022. In general, exports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2017 when exports increased by 731%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank markedly in the following year.

Exports by Country

The United States (X cubic meters) and Switzerland (X cubic meters) were the main destinations of wood fuel exports from Peru. Moreover, wood fuel exports in the United States exceeded the figures recorded by the second-largest exporter, Switzerland, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +200.0%).

In value terms, the United States ($X) remains the key foreign market for wood fuel exports from Peru, comprising 39% of total exports. The second position in the ranking was held by Switzerland ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +7.9%.

Export Prices by Country

In 2022, the average wood fuel export price amounted to $X per cubic meter, with an increase of 48% against the previous year. Overall, the export price posted a resilient expansion. The growth pace was the most rapid in 2015 an increase of 1,017%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to Switzerland amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.5%), while the prices for the other major destinations experienced a decline.

Wood Fuel Imports

Imports into Peru

In 2022, supplies from abroad of wood fuel decreased by 0% to X cubic meters, falling for the fourth year in a row after three years of growth. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 9.2% against the previous year. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, wood fuel imports totaled $X in 2022. Over the period under review, imports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2017 when imports increased by 13%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X cubic meters) was the main wood fuel supplier to Peru, with a approx. 100% share of total imports.

From 2016 to 2022, the average annual rate of growth in terms of volume from the United States stood at +8.5%.

In value terms, the United States ($X) constituted the largest supplier of wood fuel to Peru.

From 2016 to 2022, the average annual growth rate of value from the United States amounted to -40.9%.

Import Prices by Country

In 2022, the average wood fuel import price amounted to $X per cubic meter, almost unchanged from the previous year. Overall, the import price showed strong growth. The pace of growth appeared the most rapid in 2020 an increase of 56%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2016 to 2022, the rate of growth in terms of prices for Portugal amounted to -7.0% per year.

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. Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together accounting 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, with a combined 30% share 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 Peru?

In value terms, Portugal constituted the largest supplier of wood fuel to Peru, comprising 83% of total imports. The second position in the ranking was occupied by Serbia, with a 17% share of total imports.

What are the leading importers of wood fuel from Peru?

In value terms, Italy remains the key foreign market for wood fuel exports from Peru, comprising 97% of total exports. The second position in the ranking was occupied by the Czech Republic $44), with a 0.3% share of total exports.

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

The average wood fuel export price stood at $5,477 per cubic meter in 2021, which is down by -22.5% against the previous year.

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

In 2021, the average wood fuel import price amounted to $132 per cubic meter, surging by 84% against the previous year.

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

Peru

Data coverage:

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