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

India - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
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India: Wood Pellets Market 2023

Wood Pellets Market Size in India

The Indian wood pellets market skyrocketed to $X in 2021, with an increase of 73% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a abrupt descent. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Wood Pellets Exports

Exports from India

In 2021, wood pellets exports from India soared to X tons, rising by 72% against the year before. Over the period under review, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 387%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood pellets exports surged to $X in 2021. Overall, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 148%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Nepal (X tons) was the main destination for wood pellets exports from India, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal stood at +98.9%.

In value terms, Nepal ($X) emerged as the key foreign market for wood pellets exports from India.

From 2012 to 2021, the average annual growth rate of value to Nepal totaled +53.5%.

Export Prices by Country

The average wood pellets export price stood at $X per ton in 2021, with an increase of 12% against the previous year. Overall, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 571%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Bahrain amounted to +1.1% per year.

Wood Pellets Imports

Imports into India

In 2021, wood pellets imports into India soared to X tons, rising by 63% against 2020 figures. Overall, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2018 when imports increased by 656%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, wood pellets imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a deep slump. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest supplier of wood pellets to India, with a 71% share of total imports. Moreover, wood pellets imports from Indonesia exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 3.1% share.

From 2013 to 2021, the average annual growth rate of volume from Indonesia stood at +55.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+32.5% per year) and Italy (+20.0% per year).

In value terms, Indonesia ($X) constituted the largest supplier of wood pellets to India, comprising 54% of total imports. The second position in the ranking was held by Italy ($X), with a 25% share of total imports. It was followed by Vietnam, with a 21% share.

From 2013 to 2021, the average annual growth rate of value from Indonesia totaled +72.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+17.5% per year) and Vietnam (+49.2% per year).

Import Prices by Country

In 2021, the average wood pellets import price amounted to $X per ton, increasing by 6.8% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2017 an increase of 375% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Nepal ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence 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 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 country with the largest volume of wood pellets production was the United States, comprising approx. 19% of total volume. Moreover, wood pellets production in the United States exceeded the figures recorded by the second-largest producer, Vietnam, twofold. The third position in this ranking was taken by Canada, with an 8% share.
What are the leading suppliers of wood pellets to India?
+
In value terms, Indonesia constituted the largest supplier of wood pellets to India, comprising 54% of total imports. The second position in the ranking was held by Italy, with a 25% share of total imports. It was followed by Vietnam, with a 21% share.
What are the leading importers of wood pellets from India?
+
In value terms, Nepal emerged as the key foreign market for wood pellets exports from India.
What is the average export price for wood pellets in India?
+
In 2021, the average wood pellets export price amounted to $113 per ton, growing by 12% against the previous year.
What is the average import price for wood pellets in India?
+
In 2021, the average wood pellets import price amounted to $299 per ton, rising by 6.8% against the previous year.

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

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