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

Malaysia: Wood Pellets Market Overview 2020

Wood Pellets Market Size in Malaysia

The revenue of the wood pellets market in Malaysia amounted to $X in 2018, rising by X% against the previous year. In general, wood pellets consumption continues to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Wood pellets consumption peaked in 2018 and is likely to see steady growth in the near future.

Wood Pellets Production in Malaysia

In value terms, wood pellets production amounted to $X in 2018 estimated in export prices. Over the period under review, wood pellets production continues to indicate extraordinary growth. The pace of growth was the most pronounced in 2013 when production volume increased by X% year-to-year. Over the period under review, wood pellets production reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Wood Pellets Exports

Exports from Malaysia

Wood pellets exports from Malaysia stood at X tonnes in 2018, going down by -X% against the previous year. Overall, wood pellets exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, wood pellets exports reached their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, wood pellets exports totaled $X in 2018. Overall, wood pellets exports, however, continue to indicate skyrocketing growth. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to continue its growth in the near future.

Exports by Country

The U.S. (X tonnes) was the main destination for wood pellets exports from Malaysia, accounting for a X% share of total exports. Moreover, wood pellets exports to the U.S. exceeded the volume sent to the second major destination, Canada (X tonnes), twofold. Viet Nam (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Viet Nam (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for wood pellets exports from Malaysia, comprising X% of total wood pellets exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Latvia (+X% per year).

Export Prices by Country

The average wood pellets export price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period under review, the wood pellets export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced more modest paces of growth.

Wood Pellets Imports

Imports into Malaysia

In 2018, the wood pellets imports into Malaysia amounted to X tonnes, increasing by X% against the previous year. In general, wood pellets imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, wood pellets imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, wood pellets imports amounted to $X in 2018. In general, wood pellets imports continue to indicate a strong expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, wood pellets imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, the UK (X kg) constituted the largest wood pellets supplier to Malaysia, with a X% share of total imports. Moreover, wood pellets imports from the UK exceeded the figures recorded by the second-largest supplier, South Korea (X kg), twofold. The third position in this ranking was occupied by Denmark (X kg), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Denmark (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of wood pellets to Malaysia, comprising X% of total wood pellets imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2018, the average wood pellets import price amounted to $X per tonne, standing approx. at the previous year. In general, the wood pellets import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Italy ($X per tonne) and Germany ($X per tonne), while the price for South Korea ($X per tonne) and Denmark ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform