Singapore: Wood Fuel (Coniferous) Market 2020

Wood Fuel (Coniferous) Market Size in Singapore

The revenue of the wood fuel (coniferous) market in Singapore amounted to $X in 2017, shrinking by -X% against the previous year. Overall, wood fuel (coniferous) consumption continues to indicate a precipitous setback. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the wood fuel (coniferous) market attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Production in Singapore

In 2017, approx. X cubic meters of wood fuel (coniferous) were produced in Singapore; approximately reflecting the previous year. In general, wood fuel (coniferous) production continues to indicate a relatively flat trend pattern. The wood fuel (coniferous) production peaked of X cubic meters in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Exports from Singapore

In 2017, approx. X cubic meters of wood fuel (coniferous) were exported from Singapore; picking up by X% against the previous year. In general, wood fuel (coniferous) exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2016, when exports increased by X% y-o-y. Over the period under review, the wood fuel (coniferous) exports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, wood fuel (coniferous) exports stood at $X in 2017. In general, wood fuel (coniferous) exports continue to indicate a remarkable growth. Over the period under review, the wood fuel (coniferous) exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Wood Fuel (Coniferous) Exports by Country from Singapore

Oman (X cubic meters) was the main destination of wood fuel (coniferous) exports from Singapore, with a X% share of total exports. Moreover, wood fuel (coniferous) exports to Oman exceeded the volume sent to the second major destination, New Caledonia (X cubic meters), twofold. Denmark (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Oman amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+X% per year) and Denmark (+X% per year).

In value terms, Oman ($X), New Caledonia ($X) and Denmark ($X) constituted the largest markets for wood fuel (coniferous) exported from Singapore worldwide, together comprising X% of total exports.

In terms of the main countries of destination , Denmark (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Wood Fuel (Coniferous) Export Prices by Country in Singapore

The average wood fuel (coniferous) export price stood at $X per thousand cubic meters in 2017, surging by X% against the previous year. In general, wood fuel (coniferous) export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. Over the period under review, the average export prices for wood fuel (coniferous) attained its peak figure level of $X per thousand cubic meters in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Vietnam ($X per thousand cubic meters), while average price for exports to Oman ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Vietnam (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Wood Fuel (Coniferous) Imports into Singapore

In 2017, the amount of wood fuel (coniferous) imported into Singapore amounted to X cubic meters, lowering by -X% against the previous year. Overall, wood fuel (coniferous) imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. Over the period under review, the wood fuel (coniferous) imports reached its maximum volume of X cubic meters in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, wood fuel (coniferous) imports totaled $X in 2017. Overall, wood fuel (coniferous) imports continue to indicate a drastic shrinkage. The imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Wood Fuel (Coniferous) Imports by Country into Singapore

Indonesia (X cubic meters), the U.S. (X cubic meters) and the United Arab Emirates (X cubic meters) were the main suppliers of wood fuel (coniferous) imports to Singapore, with a combined X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constituted the largest supplier of wood fuel (coniferous) to Singapore, making up X% of total wood fuel (coniferous) imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and the United Arab Emirates (+X% per year).

Wood Fuel (Coniferous) Import Prices by Country in Singapore

The average wood fuel (coniferous) import price stood at $X per thousand cubic meters in 2017, surging by X% against the previous year. Overall, wood fuel (coniferous) import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the average import prices increased by X% y-o-y. Over the period under review, the average import prices for wood fuel (coniferous) attained its maximum level of $X per thousand cubic meters in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Indonesia ($X per thousand cubic meters), while prices for wood fuel (coniferous) imports from Estonia ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform