Southern Asia: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Southern Asia

In 2020, the South Asian wood fuel (non-coniferous) market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Production in Southern Asia

In value terms, wood fuel (non-coniferous) production reduced to $X in 2020 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Production By Country in Southern Asia

India (X cubic meters) constituted the country with the largest volume of wood fuel (non-coniferous) production, accounting for X% of total volume. Moreover, wood fuel (non-coniferous) production in India exceeded the figures recorded by the second-largest producer, Pakistan (X cubic meters), tenfold. Bangladesh (X cubic meters) ranked third in terms of total production with a X% share.

In India, wood fuel (non-coniferous) production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Bangladesh (-X% per year).

Wood Fuel (Non-Coniferous) Exports

Exports in Southern Asia

In 2020, the amount of wood fuel (non-coniferous) exported in Southern Asia soared to X cubic meters, rising by X% on 2019 figures. In general, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X cubic meters in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) exports skyrocketed to $X in 2020. Overall, exports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. The level of export peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

India dominates wood fuel (non-coniferous) exports structure, accounting for X cubic meters, which was approx. X% of total exports in 2020. It was distantly followed by Pakistan (X cubic meters), constituting a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to wood fuel (non-coniferous) exports from India stood at -X%. At the same time, Pakistan (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Pakistan increased by +X% percentage points, while India (-X p.p.) saw their share reduced.

In value terms, India ($X) remains the largest wood fuel (non-coniferous) supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in India totaled -X%.

Export Prices by Country

The wood fuel (non-coniferous) export price in Southern Asia stood at $X per cubic meter in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Pakistan ($X per cubic meter), while India amounted to $X per cubic meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India.

Wood Fuel (Non-Coniferous) Imports

Imports in Southern Asia

In 2020, after three years of growth, there was significant decline in overseas purchases of wood fuel (non-coniferous), when their volume decreased by -X% to X cubic meters. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2019 when imports increased by X% y-o-y. As a result, imports attained the peak of X cubic meters, and then contracted markedly in the following year.

In value terms, wood fuel (non-coniferous) imports fell to $X in 2020. Overall, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. The level of import peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

India prevails in wood fuel (non-coniferous) imports structure, amounting to X cubic meters, which was approx. X% of total imports in 2020. It was distantly followed by Maldives (X cubic meters) and Afghanistan (X cubic meters), together making up a X% share of total imports. The following importers - Sri Lanka (X cubic meters) and Pakistan (X cubic meters) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to wood fuel (non-coniferous) imports into India stood at +X%. At the same time, Afghanistan (+X%), Pakistan (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2020. By contrast, Maldives (-X%) illustrated a downward trend over the same period. India (+X p.p.) and Afghanistan (+X p.p.) significantly strengthened its position in terms of the total imports, while Maldives saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, wood fuel (non-coniferous) imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (-X% per year) and Afghanistan (+X% per year).

Import Prices by Country

In 2020, the wood fuel (non-coniferous) import price in Southern Asia amounted to $X per cubic meter, picking up by X% against the previous year. Overall, the import price, however, recorded a mild downturn. The level of import peaked at $X per cubic meter in 2010; however, from 2011 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 Maldives ($X per cubic meter), while Afghanistan ($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 Pakistan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform