Asia: Wood Dryer Market 2024

Wood Dryer Market Size in Asia

The Asian wood dryer market soared to $X in 2022, jumping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wood Dryer Production in Asia

In value terms, wood dryer production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Wood Dryer Exports

Exports in Asia

In 2022, wood dryer exports in Asia shrank significantly to X units, reducing by X% against 2021 figures. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then shrank markedly in the following year.

In value terms, wood dryer exports shrank notably to $X in 2022. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced rapidly in the following year.

Exports by Country

In 2022, Japan (X units), distantly followed by Taiwan (Chinese) (X units), Malaysia (X units) and India (X units) were the largest exporters of dryers for wood, paper pulp, paper or paperboard, together making up X% of total exports. South Korea (X units), the United Arab Emirates (X units) and Singapore (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Japan ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. South Korea, India, Singapore and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, growing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Wood Dryer Imports

Imports in Asia

In 2022, after four years of growth, there was decline in overseas purchases of dryers for wood, paper pulp, paper or paperboard, when their volume decreased by X% to X units. In general, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, wood dryer imports reduced rapidly to $X in 2022. Overall, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2022, the Philippines (X units) and Vietnam (X units) were the largest importers of dryers for wood, paper pulp, paper or paperboard in Asia, together comprising X% of total imports. It was distantly followed by India (X units), Indonesia (X units) and Turkey (X units), together committing a X% share of total imports. The following importers - Japan (X units) and Qatar (X units) - each finished at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported dryers for wood, paper pulp, paper or paperboard in Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

In Vietnam, wood dryer imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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