Southern Asia: Market for Wood Pellets And Other Agglomerates 2024

Market Size for Wood Pellets And Other Agglomerates in Southern Asia

After two years of growth, the South Asian market for wood pellets and other agglomerates decreased by X% to $X in 2022. Over the period under review, consumption, however, saw a abrupt contraction. The level of consumption peaked at $X in 2021, and then declined significantly in the following year.

Production of Wood Pellets And Other Agglomerates in Southern Asia

In value terms, wood pellets and other agglomerates production shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Wood Pellets And Other Agglomerates

Exports in Southern Asia

After two years of growth, shipments abroad of wood pellets and other agglomerates decreased by X% to X tons in 2022. In general, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, wood pellets and other agglomerates exports expanded notably to $X in 2022. Over the period under review, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons), Pakistan (X tons), Sri Lanka (X tons) and India (X tons) represented roughly X% of total exports in 2022.

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

In value terms, Pakistan ($X) remains the largest wood pellets and other agglomerates supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Bangladesh, with an X% share.

In Pakistan, wood pellets and other agglomerates exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a pronounced expansion 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, wood pellets and other agglomerates export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Imports of Wood Pellets And Other Agglomerates

Imports in Southern Asia

In 2022, the amount of wood pellets and other agglomerates imported in Southern Asia soared to X tons, increasing by X% compared with 2021. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, wood pellets and other agglomerates imports declined dramatically to $X in 2022. In general, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

India dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X tons), making up a X% share of total imports.

India was also the fastest-growing in terms of the wood pellets and other agglomerates imports, with a CAGR of X% from 2012 to 2022. Bangladesh (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported wood pellets and other agglomerates in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports.

In India, wood pellets and other agglomerates imports shrank by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :