China - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood Fuel Price in China - 2023
Contents:
- Wood Fuel Price in China (CIF) - 2023
- Wood Fuel Price in China (FOB) - 2022
- Wood Fuel Imports in China
- Wood Fuel Exports in China
Wood Fuel Price in China (CIF) - 2023
The average wood fuel import price stood at $2,367 per cubic meter in November 2023, growing by 125% against the previous month. In general, the import price posted noticeable growth. The growth pace was the most rapid in February 2023 an increase of 594% m-o-m. As a result, import price attained the peak level of $4,171 per cubic meter; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Vanuatu ($10,000 per cubic meter), while the price for Indonesia ($782 per cubic meter) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vanuatu (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Fuel Price in China (FOB) - 2022
In 2022, the average wood fuel export price amounted to $541 per cubic meter, waning by -15.9% against the previous year. Overall, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2019 an increase of 122% against the previous year. As a result, the export price reached the peak level of $723 per cubic meter. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,226 per cubic meter), while the average price for exports to Vietnam ($150 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 the United States (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Fuel Imports in China
In 2022, purchases abroad of wood fuel decreased by -20% to 48K cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,294% against the previous year. Imports peaked at 60K cubic meters in 2021, and then fell remarkably in the following year.
In value terms, wood fuel imports rose markedly to $3.8M in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,735%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Wood Fuel in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 942 | 1,633 | 1,810 | 38.6% |
| Indonesia | 31.0 | 200 | 1,233 | 843 | 200.7% |
| United States | 37.6 | 30.8 | 220 | 37.6 | 0.0% |
| Others | 2.0 | 123 | 300 | 1,117 | 723.5% |
| Total | 70.6 | 1,295 | 3,384 | 3,808 | 277.8% |
Top Suppliers of Wood Fuel to China in 2022:
- Australia (31.4K cubic meters)
- Indonesia (14.8K cubic meters)
- United States (1.6K cubic meters)
Wood Fuel Exports in China
For the fourth consecutive year, China recorded growth in overseas shipments of wood fuel, which increased by 16% to 1.3K cubic meters in 2022. The total export volume increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood fuel exports fell modestly to $694K in 2022. The total export value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 37%. As a result, the exports reached the peak of $708K, and then reduced modestly in the following year.
| Export of Wood Fuel in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 181 | 392 | 567 | 465 | 37.0% |
| Singapore | 45.2 | 23.9 | 42.1 | 73.5 | 17.6% |
| South Korea | N/A | 10.1 | 37.3 | 48.3 | 118.7% |
| United States | N/A | N/A | N/A | 45.4 | 0% |
| Macao SAR | N/A | N/A | 1.1 | 10.2 | 827.3% |
| Vietnam | N/A | 61.1 | 4.3 | 7.2 | -65.7% |
| Germany | 207 | N/A | N/A | N/A | 0% |
| Maldives | 40.0 | N/A | N/A | N/A | 0% |
| Others | 184 | 28.6 | 56.8 | 44.2 | -37.8% |
| Total | 658 | 516 | 708 | 694 | 1.8% |
Top Export Markets for Wood Fuel from China in 2022:
- Australia (672.0 cubic meters)
- Singapore (405.0 cubic meters)
- Vietnam (48.0 cubic meters)
- South Korea (41.0 cubic meters)
- United States (37.0 cubic meters)
- Macao SAR (37.0 cubic meters)
This report provides an in-depth analysis of the wood fuel market 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 1627 - Wood fuel, coniferous
- FCL 1628 - Wood fuel, non-coniferous
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
571
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