Pakistan: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Pakistan

In 2021, the Pakistani market for wood chips, particles and residues decreased by X% to $X, falling for the fifth year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Wood Chips, Particles And Residues in Pakistan

In value terms, wood chips, particles and residues production shrank dramatically to $X in 2021 estimated in export price. Overall, production continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X, and then contracted markedly in the following year.

Exports of Wood Chips, Particles And Residues

Exports from Pakistan

In 2021, the amount of wood chips, particles and residues exported from Pakistan contracted rapidly to X cubic meters, shrinking by X% against the previous year's figure. In general, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X cubic meters in 2020, and then declined significantly in the following year.

In value terms, wood chips, particles and residues exports fell notably to $X in 2021. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X cubic meters) was the main destination for wood chips, particles and residues exports from Pakistan, accounting for a X% share of total exports. Moreover, wood chips, particles and residues exports to the United Arab Emirates exceeded the volume sent to the second major destination, Afghanistan (X cubic meters), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and Qatar (X% per year).

In value terms, the largest markets for wood chips, particles and residues exported from Pakistan were the United Arab Emirates ($X), Qatar ($X) and Afghanistan ($X).

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for wood chips, particles and residues amounted to $X per cubic meter, reducing by X% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per cubic meter), while the average price for exports to the United Arab Emirates ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%), while the prices for the other major destinations experienced a decline.

Imports of Wood Chips, Particles And Residues

Imports into Pakistan

In 2021, purchases abroad of wood chips, particles and residues decreased by X% to X cubic meters, falling for the fifth year in a row after two years of growth. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, wood chips, particles and residues imports dropped markedly to $X in 2021. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X cubic meters) constituted the largest wood chips, particles and residues supplier to Pakistan, accounting for a X% share of total imports. Moreover, wood chips, particles and residues imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), eightfold.

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

In value terms, Germany ($X) constituted the largest supplier of wood chips, particles and residues to Pakistan, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

Import Prices by Country

In 2021, the average import price for wood chips, particles and residues amounted to $X per cubic meter, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a tangible expansion. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for the United States amounted to $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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