South-Eastern Asia: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in South-Eastern Asia

In 2020, the Southeast Asian wood fuel (non-coniferous) market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Overall, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Wood Fuel (Non-Coniferous) Production in South-Eastern Asia

In value terms, wood fuel (non-coniferous) production totaled $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Production By Country in South-Eastern Asia

The countries with the highest volumes of wood fuel (non-coniferous) production in 2020 were Indonesia (X cubic meters), Myanmar (X cubic meters) and Vietnam (X cubic meters), with a combined X% share of total production.

From 2007 to 2020, the most notable rate of growth in terms of wood fuel (non-coniferous) production, amongst the leading producing countries, was attained by Myanmar, while wood fuel (non-coniferous) production for the other leaders experienced a decline in the production figures.

Wood Fuel (Non-Coniferous) Exports

Exports in South-Eastern Asia

In 2020, the amount of wood fuel (non-coniferous) exported in South-Eastern Asia fell dramatically to X cubic meters, dropping by -X% on the year before. In general, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports dropped dramatically to $X in 2020. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Malaysia (X cubic meters) and Indonesia (X cubic meters) were the major exporters of wood fuel (non-coniferous) in South-Eastern Asia, together achieving X% of total exports. Cambodia (X cubic meters) ranks next in terms of the total exports with a X% share, followed by Vietnam (X%) and Thailand (X%). The following exporters - Myanmar (X cubic meters) and Lao People's Democratic Republic (X cubic meters) - each recorded a X% share of total exports.

From 2007 to 2020, the biggest increases were in Cambodia, while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Malaysia ($X) emerged as the largest wood fuel (non-coniferous) supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Malaysia amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2020, the wood fuel (non-coniferous) export price in South-Eastern Asia amounted to $X per cubic meter, jumping by X% against the previous year. Export price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Myanmar ($X per cubic meter), while Lao People's Democratic Republic ($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 Cambodia, while the other leaders experienced more modest paces of growth.

Wood Fuel (Non-Coniferous) Imports

Imports in South-Eastern Asia

In 2020, approx. X cubic meters of wood fuel (non-coniferous) were imported in South-Eastern Asia; with an increase of X% compared with the previous year's figure. Overall, imports posted a remarkable increase. The volume of import peaked at X cubic meters in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, wood fuel (non-coniferous) imports skyrocketed to $X in 2020. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. The level of import peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

Malaysia represented the key importing country with an import of about X cubic meters, which recorded X% of total imports. It was distantly followed by Singapore (X cubic meters), Vietnam (X cubic meters) and Timor-Leste (X cubic meters), together committing a X% share of total imports. The following importers - Thailand (X cubic meters), the Philippines (X cubic meters) and Cambodia (X cubic meters) - together made up X% of total imports.

Imports into Malaysia increased at an average annual rate of +X% from 2007 to 2020. At the same time, Timor-Leste (+X%), Cambodia (+X%), the Philippines (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, Timor-Leste emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Singapore experienced a relatively flat trend pattern. By contrast, Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Malaysia and Timor-Leste increased by +X% and +X% percentage points, while Vietnam (-X p.p.), Thailand (-X p.p.) and Singapore (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported wood fuel (non-coniferous) in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

In Malaysia, wood fuel (non-coniferous) imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Singapore (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

The wood fuel (non-coniferous) import price in South-Eastern Asia stood at $X per cubic meter in 2020, falling by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% y-o-y. Over the period under review, import prices attained the maximum at $X per cubic meter in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Philippines ($X per cubic meter), while Cambodia ($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 Singapore, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform