South-Eastern Asia: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in South-Eastern Asia

The Southeast Asian market for wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a strong expansion. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in South-Eastern Asia

In value terms, production of wood chips, parts, residues, pellets and other agglomerates dropped modestly to $X in 2022 estimated in export price. Overall, production, however, saw significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports in South-Eastern Asia

In 2022, exports of wood chips, parts, residues, pellets and other agglomerates in South-Eastern Asia shrank significantly to X cubic meters, dropping by X% against 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked at X cubic meters in 2021, and then fell sharply in the following year.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates fell markedly to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2021, and then fell significantly in the following year.

Exports by Country

Vietnam represented the largest exporter of wood chips, parts, residues, pellets and other agglomerates in South-Eastern Asia, with the volume of exports accounting for X cubic meters, which was approx. X% of total exports in 2022. Thailand (X cubic meters) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%) and Malaysia (X%).

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) and Thailand (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Thailand saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) remains the largest wood chips, parts, residues, pellets and other agglomerates supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per cubic meter in 2022, increasing by X% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood chips, parts, residues, pellets and other agglomerates increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per cubic meter), while Indonesia ($X per cubic meter) was amongst the lowest.

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

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports in South-Eastern Asia

In 2022, supplies from abroad of wood chips, parts, residues, pellets and other agglomerates was finally on the rise to reach X cubic meters after two years of decline. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2022. Overall, imports, however, recorded a mild reduction. Over the period under review, imports of attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lao People's Democratic Republic represented the major importer of wood chips, parts, residues, pellets and other agglomerates in South-Eastern Asia, with the volume of imports resulting at X cubic meters, which was approx. X% of total imports in 2022. Thailand (X cubic meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Indonesia (X%). The Philippines (X cubic meters) took a relatively small share of total imports.

Imports into Lao People's Democratic Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Lao People's Democratic Republic (X p.p.), Indonesia (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics.

In value terms, Lao People's Democratic Republic ($X) constitutes the largest market for imported wood chips, parts, residues, pellets and other agglomerates in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Lao People's Democratic Republic amounted to X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per cubic meter in 2022, which is down by X% against the previous year. In general, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices attained the peak figure at $X per cubic meter in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per cubic meter), while Thailand (less than $X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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