Report Update Apr 1, 2024

Malaysia - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Wood Fuel Market 2024

Wood Fuel Market Size in Malaysia

In 2022, the Malaysian wood fuel market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a pronounced reduction. Wood fuel consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Wood Fuel Production in Malaysia

In value terms, wood fuel production shrank modestly to $X in 2022 estimated in export price. In general, production, however, saw a deep slump. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Wood fuel production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Wood Fuel Exports

Exports from Malaysia

In 2022, overseas shipments of wood fuel decreased by X% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a slight decrease. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X cubic meters. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood fuel exports declined remarkably to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X cubic meters) was the main destination for wood fuel exports from Malaysia, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) totaled X%.

In value terms, Taiwan (Chinese) ($X) also remains the key foreign market for wood fuel exports from Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled X%.

Export Prices by Country

In 2022, the average wood fuel export price amounted to $X per cubic meter, with an increase of X% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to X% per year.

Wood Fuel Imports

Imports into Malaysia

For the fourth consecutive year, Malaysia recorded decline in purchases abroad of wood fuel, which decreased by X% to X cubic meters in 2022. Overall, imports faced a sharp decline. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X cubic meters. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, wood fuel imports soared to $X in 2022. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Japan (X cubic meters) constituted the largest supplier of wood fuel to Malaysia, accounting for a X% share of total imports. Moreover, wood fuel imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (X cubic meters), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Japan amounted to X%.

In value terms, Japan ($X) constituted the largest supplier of wood fuel to Malaysia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Japan totaled X%.

Import Prices by Country

The average wood fuel import price stood at $X per cubic meter in 2022, jumping by X% against the previous year. Over the period under review, the import price showed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per cubic meter), while the price for the United States totaled $X per cubic meter.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood fuel in the world?

The countries with the highest volumes of consumption in 2023 were Italy, Ukraine and the UK, with a combined 41% share of global consumption.

What are the largest producers of wood fuel in the world?

The country with the largest volume of wood fuel production was Ukraine, comprising approx. 18% of total volume. Moreover, wood fuel production in Ukraine exceeded the figures recorded by the second-largest producer, Croatia, twofold. The third position in this ranking was taken by Latvia, with an 8.2% share.

What are the leading suppliers of wood fuel to Malaysia?

In value terms, Japan constituted the largest supplier of wood fuel to Malaysia, comprising 98% of total imports. The second position in the ranking was held by the United States, with a 2.1% share of total imports.

What are the leading importers of wood fuel from Malaysia?

In value terms, Taiwan Chinese) remains the key foreign market for wood fuel exports from Malaysia.

What is the average export price for wood fuel in Malaysia?

The average wood fuel export price stood at $81 per cubic meter in 2022, with an increase of 3.2% against the previous year.

What is the average import price for wood fuel in Malaysia?

In 2022, the average wood fuel import price amounted to $20,770 per cubic meter, increasing by 10,065% against the previous year.

This report provides an in-depth analysis of the wood fuel market in Malaysia. 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:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023