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World - Solid Biofuels - Market Analysis, Forecast, Size, Trends and Insights

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Global Solid Biofuel Market 2024

Solid Biofuel Market Size

The global solid biofuel market stood at $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs in 2022 and is likely to continue growth in the immediate term.

Solid Biofuel Production

In value terms, solid biofuel production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Solid Biofuel Exports

Exports

Global solid biofuel exports rose slightly to X tons in 2022, picking up by X% on 2021 figures. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, solid biofuel exports soared to $X in 2022. In general, exports showed a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, the United States (X tons) represented the largest exporter of solid biofuels, achieving X% of total exports. It was distantly followed by Canada (X tons), Vietnam (X tons), Latvia (X tons) and Russia (X tons), together mixing up a X% share of total exports. Estonia (X tons), Indonesia (X tons), Malaysia (X tons), Germany (X tons), Austria (X tons), Ukraine (X tons), Belgium (X tons) and Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to solid biofuel exports from the United States stood at X%. At the same time, Vietnam (X%), Malaysia (X%), Belgium (X%), Ukraine (X%), Belarus (X%), Indonesia (X%), Estonia (X%), Canada (X%), Russia (X%), Latvia (X%) and Austria (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Germany (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.), Vietnam (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Russia (X p.p.), Canada (X p.p.), Austria (X p.p.), Latvia (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest solid biofuel supplying countries worldwide were the United States ($X), Vietnam ($X) and Canada ($X), with a combined X% share of global exports.

Among the main exporting countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average solid biofuel export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Solid Biofuel Imports

Imports

For the eleventh consecutive year, the global market recorded growth in supplies from abroad of solid biofuels, which increased by X% to X tons in 2022. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, solid biofuel imports soared to $X in 2022. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the UK (X tons), distantly followed by Japan (X tons), South Korea (X tons), Italy (X tons), the Netherlands (X tons) and Denmark (X tons) represented the major importers of solid biofuels, together making up X% of total imports. Belgium (X tons), France (X tons), Germany (X tons) and Poland (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Japan (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the UK ($X), Italy ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of global imports. South Korea, the Netherlands, Denmark, France, Belgium, Germany and Poland lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average solid biofuel import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained 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 Germany ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2023 were the UK, Brazil and Japan, together accounting for 19% of global consumption. Nigeria, Ethiopia, South Korea, Italy, the Netherlands, Germany, China, Democratic Republic of the Congo, India and France lagged somewhat behind, together accounting for a further 35%.
The countries with the highest volumes of production in 2022 were the United States, Brazil and Nigeria, with a combined 23% share of global production. Ethiopia, Canada, Vietnam, Germany, Russia, India, Democratic Republic of the Congo, China, Latvia and Ghana lagged somewhat behind, together comprising a further 31%.
In value terms, the United States, Vietnam and Canada were the countries with the highest levels of exports in 2022, together accounting for 37% of global exports.
In value terms, the largest solid biofuel importing markets worldwide were the UK, Italy and Japan, together accounting for 44% of global imports. South Korea, the Netherlands, Denmark, France, Belgium, Germany and Poland lagged somewhat behind, together comprising a further 35%.
In 2022, the average solid biofuel export price amounted to $242 per ton, surging by 25% against the previous year.
The average solid biofuel import price stood at $260 per ton in 2022, rising by 21% against the previous year.

This report provides an in-depth analysis of the global solid biofuel market. 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 1630 - Wood charcoal
  • FCL 1693 - Wood pellets

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Enviva, Graanul Invest, Drax Biomass, Pinnacle, An Viet Phat, RZ Pellet, Ante-Holz, New England Wood Pellet LLC, Energex, SvirPellets, CM Biomass, Pinnacle Renewable Energy, Land Energy, Altus Renewables, BC Bioenergy Network, MacTara, American Wood Fibers, Grilla Grills, Jim C. Hamer Lumber Co., Highland Pellets

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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