South-Eastern Asia: Wood Residues Market 2024

Wood Residues Market Size in South-Eastern Asia

In 2020, the Southeast Asian wood residues market increased by X% to $X, rising for the third year in a row after four years of decline. In general, consumption, however, recorded a pronounced decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Wood Residues Production in South-Eastern Asia

In value terms, wood residues production stood at $X in 2020 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Wood Residues Exports

Exports in South-Eastern Asia

In 2020, approx. X cubic meters of wood residues were exported in South-Eastern Asia; surging by X% on the previous year. Total exports indicated a prominent expansion from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked in 2020 and is expected to retain growth in years to come.

In value terms, wood residues exports expanded modestly to $X in 2020. The total export value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked in 2020 and is expected to retain growth in the immediate term.

Exports by Country

Vietnam prevails in exports structure, amounting to X cubic meters, which was near X% of total exports in 2020. It was distantly followed by Malaysia (X cubic meters), mixing up a X% share of total exports. Thailand (X cubic meters) held a relatively small share of total exports.

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2020. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2020. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2020, the share of Malaysia (X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) remains the largest wood residues supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

In Vietnam, wood residues exports increased at an average annual rate of X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2020, the export price in South-Eastern Asia amounted to $X per cubic meter, which is down by X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per cubic meter in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per cubic meter), while Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the export price figures.

Wood Residues Imports

Imports in South-Eastern Asia

In 2020, the amount of wood residues imported in South-Eastern Asia declined to X cubic meters, dropping by X% on the previous year's figure. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, wood residues imports reached $X in 2020. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

Thailand represented the major importing country with an import of about X cubic meters, which resulted at X% of total imports. It was distantly followed by Singapore (X cubic meters) and Myanmar (X cubic meters), together achieving a X% share of total imports. The following importers - Malaysia (X cubic meters) and Brunei Darussalam (X cubic meters) - together made up X% of total imports.

From 2012 to 2020, average annual rates of growth with regard to wood residues imports into Thailand stood at X%. At the same time, Myanmar (X%), Brunei Darussalam (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2020. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of Singapore, Myanmar, Brunei Darussalam and Malaysia increased by X, X, X and X percentage points, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported wood residues in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Brunei Darussalam, with a X% share.

In Singapore, wood residues imports expanded at an average annual rate of X% over the period from 2012-2020. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Brunei Darussalam (X% per year).

Import Prices by Country

In 2020, the import price in South-Eastern Asia amounted to $X per cubic meter, with an increase of X% against the previous year. Import price indicated notable growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood residues import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, import price reached the peak level of $X per cubic meter. From 2016 to 2020, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Singapore ($X per cubic meter), while Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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