Report Bangladesh - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 17, 2023

Bangladesh - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Wood Pellets Market 2023

Wood Pellets Market Size in Bangladesh

In 2021, after two years of decline, there was significant growth in the Bangladeshi wood pellets market, when its value increased by 28% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Wood Pellets Production in Bangladesh

In value terms, wood pellets production fell to $X in 2021 estimated in export price. In general, production, however, posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 28%. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Wood Pellets Exports

Exports from Bangladesh

After three years of growth, shipments abroad of wood pellets decreased by -18.8% to X tons in 2021. Overall, exports, however, posted buoyant growth. The growth pace was the most rapid in 2015 when exports increased by 671% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood pellets exports contracted remarkably to $X in 2021. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 748%. The exports peaked at $X in 2020, and then fell dramatically in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for wood pellets exports from Bangladesh, accounting for a 84% share of total exports. Moreover, wood pellets exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +54.9%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for wood pellets exports from Bangladesh, comprising 84% of total exports. The second position in the ranking was taken by Qatar ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at +69.0%.

Export Prices by Country

In 2021, the average wood pellets export price amounted to $X per ton, declining by -7.8% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The pace of growth was the most pronounced in 2014 an increase of 48%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Qatar amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+51.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pellets Imports

Imports by Country

In 2012, Germany (X kg) was the main supplier of wood pellets to Bangladesh, accounting for a approx. 100% share of total imports.

From 2012 to 2012, the average annual growth rate of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of wood pellets to Bangladesh.

From 2012 to 2012, the average annual growth rate of value from Germany was relatively modest.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?
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The UK constituted the country with the largest volume of wood pellets consumption, accounting for 23% of total volume. Moreover, wood pellets consumption in the UK exceeded the figures recorded by the second-largest consumer, South Korea, threefold. The third position in this ranking was taken by Japan, with a 7.8% share.
What are the largest producers of wood pellets in the world?
+
The United States remains the largest wood pellets producing country worldwide, accounting for 19% of total volume. Moreover, wood pellets production in the United States exceeded the figures recorded by the second-largest producer, Vietnam, twofold. Canada ranked third in terms of total production with an 8% share.
What are the leading suppliers of wood pellets to Bangladesh?
+
In value terms, Germany $356) constituted the largest supplier of wood pellets to Bangladesh.
What are the leading importers of wood pellets from Bangladesh?
+
In value terms, the United Arab Emirates emerged as the key foreign market for wood pellets exports from Bangladesh, comprising 84% of total exports. The second position in the ranking was held by Qatar, with a 16% share of total exports.
What is the average export price for wood pellets in Bangladesh?
+
In 2021, the average wood pellets export price amounted to $508 per ton, waning by -7.8% against the previous year.

This report provides an in-depth analysis of the wood pellets market in Bangladesh. 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
Country coverage:
• Bangladesh

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Bangladesh
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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