Vietnam: Wood Residues Market 2022

Wood Residues Market Size in Vietnam

The Vietnamese wood residues market dropped to $X in 2020, which is down by -X% against the previous year. Overall, consumption, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Wood residues consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Wood Residues Production in Vietnam

In value terms, wood residues production reduced slightly to $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2018 to 2020, production growth remained at a lower figure.

Wood Residues Exports

Exports from Vietnam

For the fourteenth year in a row, Vietnam recorded growth in shipments abroad of wood residues, which increased by X% to X cubic meters in 2020. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, wood residues exports rose to $X in 2020. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to continue growth in the near future.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Vietnam, with a combined X% share of total exports. These countries were followed by Austria, Belgium, France, Norway, Belarus, Spain, Croatia, the Czech Republic, Canada and the Netherlands, which together accounted for a further X 2007 to 2020, the biggest increases were in Belarus (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) appeared to be the largest markets for wood residues exported from Vietnam worldwide, together accounting for X% of total exports. These countries were followed by Canada, the Netherlands, Austria, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus, which together accounted for a further X terms of the main countries of destination, Belarus (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wood residues export price amounted to $X per cubic meter, falling by -X% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by X% year-to-year. The export price 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 for the major foreign markets. In 2020, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Wood Residues Imports

Imports into Vietnam

For the thirteenth consecutive year, Vietnam recorded decline in purchases abroad of wood residues, which decreased by -X% to X cubic meters in 2020. Overall, imports showed a abrupt curtailment. The smallest decline of -X% was in 2013. Imports peaked at X cubic meters in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, wood residues imports reduced notably to $X in 2020. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Vietnam, with a combined X% share of total imports. These countries were followed by Germany, Italy, Norway, Canada, the Netherlands, Sweden, the U.S., Poland, Finland and Slovakia, which together accounted for a further X 2007 to 2020, the biggest increases were in Slovakia, while purchases for the other leaders experienced a decline.

In value terms, the largest wood residues suppliers to Vietnam were France ($X), Austria ($X) and Germany ($X), together accounting for X% of total imports. Belgium, the U.S., Norway, Italy, the Netherlands, Canada, Poland, Sweden, Slovakia and Finland lagged somewhat behind, together accounting for a further X the main suppliers, Norway saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average wood residues import price stood at $X per cubic meter in 2020, approximately reflecting the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. As a result, import price attained the peak level of $X per cubic meter. from 2013 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per cubic meter), while the price for Canada ($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 Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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