Southern Asia: Wood Residues Market 2022

Wood Residues Market Size in Southern Asia

The South Asian wood residues market dropped to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Wood Residues Production in Southern Asia

In value terms, wood residues production declined to $X in 2020 estimated in export prices. Overall, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Production By Country in Southern Asia

The country with the largest volume of wood residues production was Sri Lanka (X cubic meters), comprising approx. X% of total volume. Moreover, wood residues production in Sri Lanka exceeded the figures recorded by the second-largest producer, Bhutan (X cubic meters), more than tenfold.

In Sri Lanka, wood residues production increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Bhutan (-X% per year) and Pakistan (+X% per year).

Wood Residues Exports

Exports in Southern Asia

In 2020, shipments abroad of wood residues increased by X% to X cubic meters, rising for the fifth year in a row after four years of decline. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2020 and is likely to continue growth in the immediate term.

In value terms, wood residues exports rose modestly to $X in 2020. In general, exports saw a deep slump. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Sri Lanka (X cubic meters) represented the main exporter of wood residues, making up X% of total exports. India (X cubic meters) took a X% share (based on tons) of total exports, which put it in second place, followed by Pakistan (X%).

Exports from Sri Lanka increased at an average annual rate of +X% from 2007 to 2020. At the same time, Pakistan (+X%) and India (+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. Sri Lanka (+X p.p.), India (+X p.p.) and Pakistan (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Sri Lanka, wood residues exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and India (-X% per year).

Export Prices by Country

In 2020, the wood residues export price in Southern Asia amounted to $X per cubic meter, waning by -X% against the previous year. Over the period under review, the export price faced a abrupt setback. The growth pace was the most rapid in 2012 an increase of X% against the previous year. The level of export peaked at $X per cubic meter in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Pakistan ($X per cubic meter), while India ($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 Sri Lanka, while the other leaders experienced a decline in the export price figures.

Wood Residues Imports

Imports in Southern Asia

In 2020, supplies from abroad of wood residues decreased by -X% to X cubic meters, falling for the second consecutive year after three years of growth. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, wood residues imports contracted modestly to $X in 2020. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Nepal (X cubic meters) was the main importer of wood residues, mixing up X% of total imports. India (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Afghanistan (X%).

Nepal was also the fastest-growing in terms of the wood residues imports, with a CAGR of +X% from 2007 to 2020. India (-X%) and Afghanistan (-X%) illustrated a downward trend over the same period. While the share of Nepal (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Afghanistan (-X p.p.) and India (-X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported wood residues in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Nepal ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in India stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: Nepal (-X% per year) and Afghanistan (-X% per year).

Import Prices by Country

In 2020, the wood residues import price in Southern Asia amounted to $X per cubic meter, shrinking by -X% against the previous year. Overall, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. from 2009 to 2020, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was India ($X per cubic meter), while Nepal ($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 India, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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