Report Update Apr 1, 2024

Sri Lanka - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Wood Pellets Market 2024

Wood Pellets Market Size in Sri Lanka

In 2022, the Sri Lankan wood pellets market decreased by X% to $X, falling for the third year in a row after four years of decline. Overall, consumption showed a precipitous setback. The growth pace was the most rapid in 2016 when the market value decreased by X% against the previous year. Wood pellets consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Wood Pellets Exports

Exports from Sri Lanka

In 2017, shipments abroad of wood pellets decreased by X% to X kg for the first time since 2014, thus ending a two-year declining trend. Over the period under review, exports showed a significant curtailment. The smallest decline of X% was in 2015. The exports peaked at X tons in 2014; however, from 2015 to 2017, the exports failed to regain momentum.

In value terms, wood pellets exports totaled $X in 2017. In general, exports continue to indicate a sharp contraction. The smallest decline of X% was in 2015. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2017, the exports remained at a lower figure.

Exports by Country

Oman (X kg) was the main destination for wood pellets exports from Sri Lanka, accounting for a X% share of total exports. Moreover, wood pellets exports to Oman exceeded the volume sent to the second major destination, India (X kg), more than tenfold. The third position in this ranking was held by France (X kg), with a X% share.

From 2014 to 2017, the average annual rate of growth in terms of volume to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and France (X% per year).

It was followed by Sweden, with a X% share.

From 2014 to 2017, the average annual rate of growth in terms of value to Oman stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Sweden (X% per year).

Export Prices by Country

In 2017, the average wood pellets export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2015 when the average export price decreased by X% against the previous year. The export price peaked in 2017 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Macao SAR ($X per ton) was amongst the lowest.

From 2014 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%).

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Wood Pellets Imports

Imports into Sri Lanka

In 2022, overseas purchases of wood pellets decreased by X% to X kg, falling for the third consecutive year after two years of decline. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X kg in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wood pellets imports amounted to $X in 2022. In general, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X kg) was the main wood pellets supplier to Sri Lanka, accounting for a approx. X% share of total imports.

From 2015 to 2022, the average annual growth rate of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of wood pellets to Sri Lanka.

From 2015 to 2022, the average annual growth rate of value from Germany was relatively modest.

Import Prices by Country

The average wood pellets import price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the import price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2020 a decrease of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2015 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?

The countries with the highest volumes of consumption in 2023 were the UK, Japan and South Korea, with a combined 37% share of global consumption.

What are the largest producers of wood pellets in the world?

The country with the largest volume of wood pellets production was the United States, accounting for 22% of total volume. Moreover, wood pellets production in the United States exceeded the figures recorded by the second-largest producer, Canada, threefold. The third position in this ranking was taken by Vietnam, with a 6.9% share.

What are the leading suppliers of wood pellets to Sri Lanka?

In value terms, Germany $1) constituted the largest supplier of wood pellets to Sri Lanka.

What are the leading importers of wood pellets from Sri Lanka?

It was followed by Sweden, with a 1.2% share.

What is the average export price for wood pellets in Sri Lanka?

The average wood pellets export price stood at $4,145 per ton in 2017, remaining relatively unchanged against the previous year.

What is the average import price for wood pellets in Sri Lanka?

In 2022, the average wood pellets import price amounted to $1,000 per ton, almost unchanged from the previous year.

This report provides an in-depth analysis of the wood pellets market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1693 - Wood pellets

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023