Solid Biofuel Market

Solid biofuel market: download the latest info powered by an Ai-driven market intelligence platform. Facts and figures include exports, production, market prices, consumption, trade, companies, market size, and imports. Here is a split by region, including the Middle East, Latin America, EU, Africa, Russia, the U.S., the U.K., and China. Market dynamics and outlook to 2030 are also provided in the dashboards.


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Solid Biofuel - World's Largest Markets

RatingCountry
1Ethiopia
2China
3Brazil
4Nigeria
5India

In value terms, Ethiopia, China and Brazil were the countries with the highest levels of market value in 2020, together comprising 23% of the global market. Nigeria, India, the UK, the United States, Democratic Republic of the Congo, Germany, Italy, Japan, the Netherlands and South Korea lagged somewhat behind, together comprising a further 26%.

Among the main consuming countries, the Netherlands (+98.8% per year) saw the highest growth rate of market size, over the period under review, while solid biofuel market for the other global leaders experienced more modest paces of growth.

Solid Biofuel Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia1281421290.4%
United States137140136-0.4%
Malaysia162159138-7.7%
Canada143143140-1.1%
Vietnam173148141-9.7%
Latvia1571561601.0%
Denmark185183172-3.6%
Estonia1651651722.1%
Ukraine210200194-3.9%
Austria253238228-5.1%
Germany2652772670.4%
Poland323296310-2.0%
Indonesia417414385-3.9%
Average192189184-2.1%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Indonesia ($385 per ton), while Russia ($129 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Estonia, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Germany2903443448.9%
France2882823266.4%
Italy227237224-0.7%
Japan244233208-7.7%
Netherlands216195200-3.8%
Belgium1871911962.4%
South Korea1671711700.9%
Denmark1611751692.5%
United Kingdom191150147-12.3%
Latvia142147129-4.7%
Average209201200-2.2%

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($344 per ton), while Latvia ($129 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Solid Biofuel - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United Kingdom1.61.21.3-9.5%
Italy0.50.60.50.5%
Netherlands0.10.20.595.2%
Japan0.30.40.524.6%
Denmark0.60.50.4-14.6%

In value terms, the UK ($1.3B) constitutes the largest market for imported solid biofuels worldwide, comprising 23% of global imports. The second position in the ranking was occupied by Italy ($515M), with a 9.3% share of global imports. It was followed by the Netherlands, with a 9% share.

From 2018 to 2020, the average annual growth rate of value in the UK totaled -9.5%. In the other countries, the average annual rates were as follows: Italy (+0.5% per year) and the Netherlands (+95.2% per year).

Solid Biofuel - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.81110.2%
Vietnam0.50.40.5-1.2%
Canada0.40.40.43.6%
Latvia0.30.30.418.9%
Indonesia0.30.30.3-3.9%

In value terms, the United States ($1B) remains the largest solid biofuel supplier worldwide, comprising 17% of global exports. The second position in the ranking was occupied by Vietnam ($452M), with a 7.7% share of global exports. It was followed by Canada, with a 6.9% share.

In the United States, solid biofuel exports expanded at an average annual rate of +10.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Vietnam (-1.2% per year) and Canada (+3.6% per year).

Solid Biofuel - Market Forecast

Driven by increasing demand for solid biofuel worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Solid Biofuel - Product Coverage

  • HS 440131 - Wood; for fuel, sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms; wood pellets
  • HS 440210 - Wood; charcoal of bamboo (including shell or nut charcoal), whether or not agglomerated
  • HS 440290 - Wood; charcoal of wood other than bamboo (including shell or nut charcoal), whether or not agglomerated
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Event
World - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global solid biofuel market.

South-Eastern Asia - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in South-Eastern Asia.

Northern America - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in Northern America.

Southern Asia - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in Southern Asia.

Australia and Oceania - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in Australia and Oceania.

Eastern Asia - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in Eastern Asia.

Latin America and the Caribbean - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in Latin America and the Caribbean.

Africa - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in Africa.

Middle East - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in the Middle East.

Central Asia - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the solid biofuel market in Central Asia.

Category
Geography