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World - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Nov 20, 2023

World's Best Import Markets for Solid Biofuel

World's Best Import Markets for Solid Biofuel

In recent years, there has been a growing demand for clean and sustainable energy sources. As a result, solid biofuel has gained significant popularity as an alternative to traditional fossil fuels. Solid biofuel, also known as biomass fuel, is derived from renewable sources such as wood, agricultural residues, and dedicated energy crops.

As the global awareness of climate change and environmental degradation increases, many countries have ramped up their efforts to reduce carbon emissions and transition towards cleaner energy alternatives. This has led to a surge in the import of solid biofuel across the world. In this article, we will explore the world's best import markets for solid biofuel, backed by numbers and key statistics.

1. United Kingdom

The United Kingdom is the leading importer of solid biofuel, with an import value of 1.7 Billion USD in 2022. The country has been actively investing in renewable energy sources to meet its emissions reduction targets. Solid biofuel has gained immense popularity in the UK, especially in the form of wood pellets, which are used for heating residential and commercial spaces.

2. Japan

Japan is the second-largest importer of solid biofuel, with an import value of 1.0 Billion USD in 2022. The country has been focusing on diversifying its energy mix and reducing its dependence on fossil fuels. Solid biofuel plays a crucial role in achieving Japan's renewable energy targets, particularly in the power generation sector. Wood pellets are heavily imported by Japan to meet its energy demands.

3. South Korea

South Korea ranks third among the world's top import markets for solid biofuel, with an import value of 835.2 Million USD in 2022. The country has been actively promoting renewable energy sources, with solid biofuel being a significant contributor. South Korea's demand for biomass fuel arises from its bioenergy power sector, as well as its heating and cooking industries.

4. Italy

Italy is a prominent consumer and importer of solid biofuel, with an import value of 737.4 Million USD in 2022. The country's commitment to renewable energy sources has led to a significant increase in the import of wood pellets and other solid biomass fuels. Italy's bioenergy sector has been rapidly growing, and solid biofuel forms a vital part of its energy mix.

5. Netherlands

The Netherlands is another critical import market for solid biofuel, with an import value of 644.6 Million USD in 2022. The country has implemented several policies to boost renewable energy production, including the promotion of biomass power plants. The demand for solid biofuel in the Netherlands mainly arises from the industrial and residential heating sectors.

6. Denmark

Denmark is a frontrunner in renewable energy adoption, and solid biofuel plays a crucial role in its energy transition. The country imported solid biofuel worth 627.4 Million USD in 2022. Denmark's high demand for biomass fuel is driven by its efforts to reduce greenhouse gas emissions and achieve carbon neutrality. Wood pellets are extensively used in residential heating systems in Denmark.

7. France

France is a significant importer of solid biofuel, with an import value of 328.7 Million USD in 2022. The country has been aggressively investing in renewable energy sources to meet its sustainability goals. Solid biofuel, particularly wood pellets, is utilized in France's domestic heating sector, as well as in co-firing with coal in power plants to reduce carbon emissions.

8. Belgium

Belgium ranks eighth among the world's top import markets for solid biofuel, with an import value of 319.5 Million USD in 2022. The country has been actively promoting renewable energy sources and has set ambitious targets for clean energy production. Solid biofuel, including wood pellets and agro-industrial residues, is extensively used in Belgium's heating and power generation sectors.

9. Germany

Germany is a key market for solid biofuel, with an import value of 225.6 Million USD in 2022. The country has been a global leader in renewable energy adoption and has a well-established bioenergy sector. Solid biofuel, particularly wood pellets, is widely used in Germany's residential and district heating systems, as well as in combined heat and power (CHP) plants.

10. United States

The United States completes the list of top import markets for solid biofuel, with an import value of 136.8 Million USD in 2022. The country has been gradually increasing its reliance on renewable energy sources, and solid biofuel plays a significant role in its sustainable energy mix. Wood pellets and other biomass fuels are used in the U.S. for electricity generation, heating, and various industrial applications.

Overall, these top import markets for solid biofuel demonstrate the increasing global demand for clean and sustainable energy alternatives. The shift towards renewable energy sources is driven by the need to reduce carbon emissions and mitigate the effects of climate change. Solid biofuel, with its renewable and carbon-neutral properties, offers a viable solution in this transition.

Market intelligence platforms like IndexBox provide valuable insights into global import and export trends, allowing businesses to make informed decisions. The data from IndexBox has shown us the significant import values of solid biofuel in these top markets, highlighting the growing importance of biomass fuel in the global energy landscape.

In conclusion, the world's best import markets for solid biofuel are the United Kingdom, Japan, South Korea, Italy, Netherlands, Denmark, France, Belgium, Germany, and the United States. These countries have recognized the benefits of solid biofuel and are actively investing in renewable energy sources to achieve their sustainability goals.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global solid biofuel market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1630 - Wood charcoal
  • FCL 1693 - Wood pellets

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Enviva, Graanul Invest, Drax Biomass, Pinnacle, An Viet Phat, RZ Pellet, Ante-Holz, New England Wood Pellet LLC, Energex, SvirPellets, CM Biomass, Pinnacle Renewable Energy, Land Energy, Altus Renewables, BC Bioenergy Network, MacTara, American Wood Fibers, Grilla Grills, Jim C. Hamer Lumber Co., Highland Pellets

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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