Report Hong Kong SAR, China - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 1, 2022

Hong Kong SAR, China - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Wood Fuel Market 2022

Wood Fuel Market Size in Hong Kong SAR, China

In 2021, after three years of decline, there was significant growth in the Hong Kong wood fuel market, when its value increased by X% to $X. Over the period under review, consumption, however, recorded a slight descent. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Wood Fuel Production in Hong Kong SAR, China

In value terms, wood fuel production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a slight decrease. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Wood Fuel Exports

Exports from Hong Kong SAR, China

Wood fuel exports from Hong Kong SAR contracted notably to X cubic meters in 2021, waning by -X% compared with the year before. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters, and then reduced markedly in the following year.

In value terms, wood fuel exports fell dramatically to $X in 2021. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2020, and then dropped sharply in the following year.

Exports by Country

Macao SAR (X cubic meters) was the main destination for wood fuel exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Macao SAR totaled -X%.

In value terms, Macao SAR ($X) also remains the key foreign market for wood fuel exports from Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value to Macao SAR amounted to -X%.

Export Prices by Country

The average wood fuel export price stood at $X per cubic meter in 2021, increasing by X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood fuel export price decreased by -X% against 2019 indices. The export price peaked at $X per cubic meter in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Macao SAR.

From 2012 to 2021, the rate of growth in terms of prices for Macao SAR amounted to +X% per year.

Wood Fuel Imports

Imports into Hong Kong SAR, China

In 2021, after nine years of growth, there was significant decline in purchases abroad of wood fuel, when their volume decreased by -X% to X cubic meters. Overall, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of X cubic meters, and then declined rapidly in the following year.

In value terms, wood fuel imports contracted significantly to $X in 2021. Over the period under review, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2021, the United States (X cubic meters) was the main supplier of wood fuel to Hong Kong SAR, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +X%.

In value terms, the United States ($X) constituted the largest supplier of wood fuel to Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +X%.

Import Prices by Country

The average wood fuel import price stood at $X per cubic meter in 2021, increasing by X% against the previous year. In general, the import price continues to indicate a slight increase. The import price peaked at $X per cubic meter in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +X% per year.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wood fuel in the world?
+
The countries with the highest volumes of in 2021 were India, China and Brazil, together comprising 30% of global consumption. These countries were followed by Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan, which together accounted for a further 30%.
What are the largest producers of wood fuel in the world?
+
The countries with the highest volumes of in 2021 were India, China and Brazil, with a combined 30% share of global production. Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of wood fuel to Hong Kong SAR, China?
+
In value terms, the United States constituted the largest supplier of wood fuel to Hong Kong SAR.
What are the leading importers of wood fuel from Hong Kong SAR, China?
+
In value terms, Macao SAR remains the key foreign market for wood fuel exports from Hong Kong SAR.
What is the average export price for wood fuel in Hong Kong SAR, China?
+
In 2021, the average wood fuel export price amounted to $346 per cubic meter, with an increase of 121% against the previous year.
What is the average import price for wood fuel in Hong Kong SAR, China?
+
The average wood fuel import price stood at $423 per cubic meter in 2021, surging by 117% against the previous year.

This report provides an in-depth analysis of the wood fuel market in Hong Kong SAR, 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 (production)
• FCL 1628 - Wood fuel, non-coniferous (production)
Country coverage:
• Hong Kong SAR

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hong Kong SAR, 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. 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
GLOSSARY AND SPECIFIC TERMS
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 PRODUCTS

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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