South-Eastern Asia: Market for Wood Pellets And Other Agglomerates 2025

Market Size for Wood Pellets And Other Agglomerates in South-Eastern Asia

The Southeast Asian market for wood pellets and other agglomerates contracted significantly to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, showed a remarkable increase. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Wood Pellets And Other Agglomerates in South-Eastern Asia

In value terms, wood pellets and other agglomerates production reduced modestly to $X in 2022 estimated in export price. Overall, production posted a significant increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports in South-Eastern Asia

Wood pellets and other agglomerates exports soared to X tons in 2022, increasing by X% on the year before. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, wood pellets and other agglomerates exports skyrocketed to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Vietnam represented the major exporter of wood pellets and other agglomerates in South-Eastern Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Malaysia (X tons) and Indonesia (X tons), together achieving a X% share of total exports. Thailand (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wood pellets and other agglomerates exports from Vietnam stood at X%. At the same time, Thailand (X%), Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest wood pellets and other agglomerates supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Malaysia ($X per ton) and Thailand ($X per ton), while Indonesia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Wood Pellets And Other Agglomerates

Imports in South-Eastern Asia

In 2022, imports of wood pellets and other agglomerates in South-Eastern Asia declined notably to X tons, which is down by X% on the year before. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, wood pellets and other agglomerates imports declined remarkably to $X in 2022. Overall, imports continue to indicate a mild contraction. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X tons) was the main importer of wood pellets and other agglomerates, committing X% of total imports. It was distantly followed by Singapore (X tons), Malaysia (X tons) and Vietnam (X tons), together achieving a X% share of total imports. The following importers - the Philippines (X tons) and Cambodia (X tons) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood pellets and other agglomerates imports into Thailand stood at X%. At the same time, Vietnam (X%), Cambodia (X%), Singapore (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, the Philippines (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Malaysia (X p.p.), Vietnam (X p.p.), the Philippines (X p.p.) and Cambodia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics.

In value terms, the largest wood pellets and other agglomerates importing markets in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total imports. Vietnam, the Philippines and Cambodia lagged somewhat behind, together accounting for a further X%.

Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, jumping by X% against the previous year. Import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood pellets and other agglomerates import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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