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

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

Wood Pellets Market Size in Malaysia

The Malaysian wood pellets market skyrocketed to $X in 2021, growing by 107% against the previous year. Over the period under review, consumption saw a buoyant increase. Wood pellets consumption peaked in 2021 and is likely to see steady growth in the near future.

Wood Pellets Production in Malaysia

In value terms, wood pellets production rose notably to $X in 2021 estimated in export price. In general, production recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 140%. Wood pellets production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Wood Pellets Exports

Exports from Malaysia

In 2021, approx. X tons of wood pellets were exported from Malaysia; falling by -11.4% against 2020 figures. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 437% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood pellets exports dropped to $X in 2021. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2014 with an increase of 138% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X tons) was the main destination for wood pellets exports from Malaysia, accounting for a 75% share of total exports. Moreover, wood pellets exports to South Korea exceeded the volume sent to the second major destination, Japan (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea totaled +24.2%.

In value terms, South Korea ($X) remains the key foreign market for wood pellets exports from Malaysia, comprising 72% of total exports. The second position in the ranking was taken by Japan ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value to South Korea totaled +21.8%.

Export Prices by Country

In 2021, the average wood pellets export price amounted to $X per ton, growing by 8.3% against the previous year. In general, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to South Korea stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-2.0%).

Wood Pellets Imports

Imports into Malaysia

In 2021, approx. X tons of wood pellets were imported into Malaysia; which is down by -10.6% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 148% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wood pellets imports contracted to $X in 2021. Over the period under review, imports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of wood pellets to Malaysia, accounting for a 87% share of total imports. Moreover, wood pellets imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by Singapore (X tons), with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +56.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.9% per year) and Singapore (+15.4% per year).

In value terms, China ($X) constituted the largest supplier of wood pellets to Malaysia, comprising 83% of total imports. The second position in the ranking was held by Germany ($X), with an 8% share of total imports. It was followed by Singapore, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +66.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.9% per year) and Singapore (-2.0% per year).

Import Prices by Country

The average wood pellets import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price showed slight growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 97%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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?
+
The country with the largest volume of wood pellets consumption was the UK, 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. Japan ranked third in terms of total consumption 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, 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 Malaysia?
+
In value terms, China constituted the largest supplier of wood pellets to Malaysia, comprising 83% of total imports. The second position in the ranking was taken by Germany, with an 8% share of total imports. It was followed by Singapore, with a 5.6% share.
What are the leading importers of wood pellets from Malaysia?
+
In value terms, South Korea remains the key foreign market for wood pellets exports from Malaysia, comprising 72% of total exports. The second position in the ranking was taken by Japan, with a 24% share of total exports.
What is the average export price for wood pellets in Malaysia?
+
In 2021, the average wood pellets export price amounted to $116 per ton, with an increase of 8.3% against the previous year.
What is the average import price for wood pellets in Malaysia?
+
In 2021, the average wood pellets import price amounted to $474 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the wood pellets 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 1693 - Wood pellets
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:
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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