Southern Asia: Market for Wood Pellets And Other Agglomerates 2025

Market Size for Wood Pellets And Other Agglomerates in Southern Asia

After two years of growth, the South Asian market for wood pellets and other agglomerates decreased by X% to $X in 2022. Overall, consumption, however, saw a abrupt descent. Over the period under review, the market hit record highs at $X in 2021, and then dropped markedly in the following year.

Production of Wood Pellets And Other Agglomerates in Southern Asia

In value terms, wood pellets and other agglomerates production rose modestly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pellets And Other Agglomerates

Exports in Southern Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of wood pellets and other agglomerates, when their volume decreased by X% to X tons. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, wood pellets and other agglomerates exports skyrocketed to $X in 2022. Overall, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of wood pellets and other agglomerates, namely Bangladesh, Pakistan, Sri Lanka and India, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Pakistan ($X) remains the largest wood pellets and other agglomerates supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports. It was followed by India, with a X% share.

In Pakistan, wood pellets and other agglomerates exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Export price indicated a measured expansion 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 export price increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

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

Imports of Wood Pellets And Other Agglomerates

Imports in Southern Asia

Wood pellets and other agglomerates imports surged to X tons in 2022, rising by X% compared with 2021. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, wood pellets and other agglomerates imports contracted notably to $X in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

India dominates imports structure, finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X tons), comprising a X% share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. India (X p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported wood pellets and other agglomerates in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, falling by X% against the previous year. Overall, the import price recorded a deep contraction. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Source: IndexBox Platform

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