Southern Asia: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Southern Asia

In 2021, the South Asian market for wood chips, particles and residues decreased by X% to $X, falling for the sixth year in a row after two years of growth. Overall, consumption faced a dramatic setback. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Wood Chips, Particles And Residues in Southern Asia

In value terms, wood chips, particles and residues production dropped dramatically to $X in 2021 estimated in export price. In general, production faced a precipitous shrinkage. The growth pace was the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Wood Chips, Particles And Residues

Exports in Southern Asia

After three years of growth, overseas shipments of wood chips, particles and residues decreased by X% to X cubic meters in 2021. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2020, and then fell markedly in the following year.

In value terms, wood chips, particles and residues exports shrank dramatically to $X in 2021. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bangladesh (X cubic meters) and Sri Lanka (X cubic meters) represented roughly X% of total exports in 2021. It was distantly followed by India (X cubic meters) and Nepal (X cubic meters), together generating a X% share of total exports. Pakistan (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Nepal (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sri Lanka ($X), Bangladesh ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising X% of total exports. Pakistan and Nepal lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Nepal, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per cubic meter in 2021, declining by X% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2014 to 2021, 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 Pakistan ($X per cubic meter), while Nepal ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced a decline in the export price figures.

Imports of Wood Chips, Particles And Residues

Imports in Southern Asia

In 2021, imports of wood chips, particles and residues in Southern Asia declined markedly to X cubic meters, with a decrease of X% against the previous year. In general, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X cubic meters in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues imports contracted notably to $X in 2021. Overall, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

India prevails in imports structure, finishing at X cubic meters, which was approx. X% of total imports in 2021. Bhutan (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to wood chips, particles and residues imports into India stood at X%. At the same time, Bhutan (X%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2021. Bhutan (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported wood chips, particles and residues in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bhutan ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to X%.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per cubic meter, dropping by X% against the previous year. Overall, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of import peaked at $X per cubic meter in 2012; however, from 2013 to 2021, 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 India ($X per cubic meter), while Bhutan amounted to $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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