Vietnam: Wood Fuel (Coniferous) Market 2020

Wood Fuel (Coniferous) Exports from Vietnam

Wood fuel (coniferous) exports from Vietnam totaled X cubic meters in 2017, increasing by X% against the previous year. Overall, wood fuel (coniferous) exports continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. The exports peaked of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, wood fuel (coniferous) exports amounted to $X in 2017. Overall, wood fuel (coniferous) exports continue to indicate a significant contraction. Over the period under review, the wood fuel (coniferous) exports reached its maximum level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Exports by Country from Vietnam

Japan (X cubic meters) was the main destination of wood fuel (coniferous) exports from Vietnam, with a X% share of total exports. Moreover, wood fuel (coniferous) exports to Japan exceeded the volume sent to the second major destination, Cambodia (X cubic meters), twofold. South Korea (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to Japan stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (-X% per year) and South Korea (+X% per year).

In value terms, Japan ($X) remains the key foreign market for wood fuel (coniferous) exports from Vietnam, making up X% of total wood fuel (coniferous) exports. The second position in the ranking was occupied by Ireland ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

From 2007 to 2017, the average annual growth rate of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+X% per year) and Cambodia (-X% per year).

Wood Fuel (Coniferous) Export Prices by Country in Vietnam

The average wood fuel (coniferous) export price stood at $X per thousand cubic meters in 2017, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, an increase of X% against the previous year. In that year, the average export prices for wood fuel (coniferous) attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Japan ($X per thousand cubic meters), while average price for exports to Taiwan, Chinese ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Japan (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Wood Fuel (Coniferous) Imports into Vietnam

In 2017, the amount of wood fuel (coniferous) imported into Vietnam stood at X cubic meters, coming up by X% against the previous year. In general, wood fuel (coniferous) imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. Over the period under review, the wood fuel (coniferous) imports attained its peak figure volume of X cubic meters in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, wood fuel (coniferous) imports stood at $X in 2017. Overall, wood fuel (coniferous) imports continue to indicate a noticeable contraction. The imports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Imports by Country into Vietnam

Lao People's Democratic Republic (X cubic meters), China (X cubic meters) and Singapore (X cubic meters) were the main suppliers of wood fuel (coniferous) imports to Vietnam, together accounting for X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Lao People's Democratic Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Lao People's Democratic Republic ($X), Singapore ($X) and China ($X) were the largest wood fuel (coniferous) suppliers to Vietnam, together comprising X% of total imports.

Among the main suppliers , Lao People's Democratic Republic (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Wood Fuel (Coniferous) Import Prices by Country in Vietnam

In 2017, the average wood fuel (coniferous) import price amounted to $X per thousand cubic meters, growing by X% against the previous year. In general, wood fuel (coniferous) import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2013, when the average import prices increased by X% year-to-year. Over the period under review, the average import prices for wood fuel (coniferous) attained its peak figure level of $X per thousand cubic meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Singapore ($X per thousand cubic meters), while prices for wood fuel (coniferous) imports from Estonia ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform