China - Wood Residues, Pellets And Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Wood Residues, Pellets And Other Agglomerates - Market Analysis, Forecast, Size, Trends and Insights

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Price for Wood Residues, Pellets and Other Agglomerates in China - 2023

Contents:

  1. Price for Wood Residues, Pellets and Other Agglomerates in China (FOB) - 2022
  2. Price for Wood Residues, Pellets and Other Agglomerates in China (CIF) - 2022
  3. Exports of Wood Residues, Pellets and Other Agglomerates in China
  4. Imports of Wood Residues, Pellets and Other Agglomerates in China

Price for Wood Residues, Pellets and Other Agglomerates in China (FOB) - 2022

In 2022, the average export price for wood residues, pellets and other agglomerates amounted to $870 per cubic meter, jumping by 215% against the previous year. Over the period under review, the export price enjoyed a strong expansion. 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 destination: amid the top suppliers, the country with the highest price was Japan ($1.3 per cubic meter), while the average price for exports to Vietnam ($0.4 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood Residues, Pellets and Other Agglomerates in China (CIF) - 2022

The average import price for wood residues, pellets and other agglomerates stood at $23 per cubic meter in 2022, declining by -57.3% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 824% against the previous year. The import price peaked at $178 per cubic meter in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($0.7 per cubic meter), while the price for Chile ($0.1 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+51.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wood Residues, Pellets and Other Agglomerates in China

In 2022, shipments abroad of wood residues, pellets and other agglomerates decreased by -64.6% to 16K cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 56K cubic meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of wood residues, pellets and other agglomerates rose rapidly to $14M in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 56%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Wood Residues, Pellets and Other Agglomerates in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1,1871,3953,4773,22739.6%
Malaysia4787511,3722,88382.0%
Japan8911,6231,3791,38315.8%
SloveniaN/AN/A87.31,2931381.1%
South Korea2,1521,0876281,179-18.2%
Singapore19914054565448.7%
Hong Kong SAR4365459134531.3%
Vietnam14321699642844.1%
Thailand24123938432910.9%
Philippines198183258116-16.3%
India17464151860.3-29.8%
Cambodia27037832451.7-42.4%
Macao SAR869N/AN/AN/A0%
Others6818501,6411,87440.1%
Total7,9188,05012,52213,93120.7%

Top Export Markets for Wood Residues, Pellets and Other Agglomerates from China in 2022:

  1. Malaysia (6.7M cubic meters)
  2. Taiwan (Chinese) (5.3M cubic meters)
  3. South Korea (2.9M cubic meters)
  4. Slovenia (1.2M cubic meters)
  5. Vietnam (1.2M cubic meters)
  6. Japan (1.0M cubic meters)
  7. Thailand (0.8M cubic meters)
  8. Singapore (0.7M cubic meters)
  9. Hong Kong SAR (0.4M cubic meters)
  10. Philippines (0.2M cubic meters)
  11. India (0.2M cubic meters)
  12. Cambodia (0.1M cubic meters)

Imports of Wood Residues, Pellets and Other Agglomerates in China

In 2022, the amount of wood residues, pellets and other agglomerates imported into China skyrocketed to 59K cubic meters, jumping by 235% against the year before. Over the period under review, imports, however, faced a abrupt shrinkage. Imports peaked at 101K cubic meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of wood residues, pellets and other agglomerates surged to $1.4M in 2022. Overall, imports, however, recorded a deep slump. Over the period under review, imports of reached the peak figure at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Wood Residues, Pellets and Other Agglomerates in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1,3201,0471,3971,93213.5%
PolandN/AN/AN/A1,4320%
New Zealand37.525414320375.6%
Uruguay17.332.159.691.474.2%
ChileN/A88.454.268.6-11.9%
Germany14738983.049.6-30.4%
United States66434.68.641.7-60.3%
Russia1,055472454N/A-34.4%
Japan636428144N/A-52.4%
Vietnam4641401.1N/A-95.1%
Malaysia56816174.7N/A-63.7%
Myanmar210236N/AN/A12.4%
Others-2,977.0-1,506.2-1,463.0-2,451.8-6.3%
Total2,1431,7779571,367-13.9%

Top Suppliers of Wood Residues, Pellets and Other Agglomerates to China in 2022:

  1. Australia (6.9M cubic meters)
  2. Poland (1.9M cubic meters)
  3. New Zealand (1.0M cubic meters)
  4. Chile (0.6M cubic meters)
  5. Uruguay (0.4M cubic meters)
  6. United States (0.1M cubic meters)
  7. Germany (0.1M cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wood residues, pellets and other agglomerates in China. 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 1693 - Wood pellets
  • FCL 1694 - Other agglomerates
  • FCL 1620 - Wood residues

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

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