Southern Asia: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Southern Asia

The South Asian wood chips and particles market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a deep downturn. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Wood Chips And Particles in Southern Asia

In value terms, wood chips and particles production skyrocketed to $X in 2022 estimated in export price. In general, production, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Wood Chips And Particles

Exports in Southern Asia

In 2022, overseas shipments of wood chips and particles increased by X% to X cubic meters, rising for the third consecutive year after three years of decline. In general, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, wood chips and particles exports rose sharply to $X in 2022. Overall, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, India (X cubic meters) was the largest exporter of wood chips and particles, mixing up X% of total exports. Bangladesh (X cubic meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Sri Lanka (X%).

India was also the fastest-growing in terms of the wood chips and particles exports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Sri Lanka (X%) displayed positive paces of growth. From 2012 to 2022, the share of India and Bangladesh increased by X and X percentage points, respectively.

In value terms, the largest wood chips and particles supplying countries in Southern Asia were Bangladesh ($X), India ($X) and Sri Lanka ($X), with a combined X% share of total exports.

Bangladesh, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2022, reducing by X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per cubic meter), while India ($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 Bangladesh (X%), while the other leaders experienced a decline in the export price figures.

Imports of Wood Chips And Particles

Imports in Southern Asia

In 2022, supplies from abroad of wood chips and particles decreased by X% to X cubic meters, falling for the seventh consecutive year after four years of growth. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, wood chips and particles imports rose to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X cubic meters) and Maldives (X cubic meters) dominates imports structure, together making up X% of total imports. Pakistan (X cubic meters) held the next position in the ranking, followed by Bhutan (X cubic meters) and Nepal (X cubic meters). All these countries together took near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest wood chips and particles importing markets in Southern Asia were India ($X), Maldives ($X) and Pakistan ($X), with a combined X% share of total imports.

Among the main importing countries, Maldives, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Over the period under review, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per cubic meter), while Bhutan ($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 India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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