Southern Asia: Market for Wood Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Residues, Pellets And Other Agglomerates in Southern Asia

The South Asian market for wood residues, pellets and other agglomerates surged to $X in 2022, picking up by X% against the previous year. In general, consumption recorded a strong expansion. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Wood Residues, Pellets And Other Agglomerates in Southern Asia

In value terms, production of wood residues, pellets and other agglomerates reached $X in 2022 estimated in export price. In general, production recorded a sharp setback. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Wood Residues, Pellets And Other Agglomerates

Exports in Southern Asia

In 2022, after three years of growth, there was decline in shipments abroad of wood residues, pellets and other agglomerates, when their volume decreased by X% to X cubic meters. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X cubic meters in 2021, and then contracted slightly in the following year.

In value terms, exports of wood residues, pellets and other agglomerates rose rapidly to $X in 2022. Overall, exports, however, saw a moderate expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Sri Lanka dominates agglomerates structure, reaching X cubic meters, which was approx. X% of total exports in 2022. It was distantly followed by Pakistan (X cubic meters), constituting a X% share of total exports. The following exporters - India (X cubic meters) and Bangladesh (X cubic meters) - each reached a X% share of total exports.

Exports from Sri Lanka increased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, India (X%) and Bangladesh (X%) illustrated a downward trend over the same period. Sri Lanka (X p.p.) and Pakistan (X p.p.) significantly strengthened its position in terms of the total exports, while India and Bangladesh saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

In Sri Lanka, exports of wood residues, pellets and other agglomerates expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per cubic meter, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

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 Pakistan ($X per cubic meter), while India ($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 more modest paces of growth.

Imports of Wood Residues, Pellets And Other Agglomerates

Imports in Southern Asia

For the third year in a row, Southern Asia recorded growth in purchases abroad of wood residues, pellets and other agglomerates, which increased by X% to X cubic meters in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, imports of wood residues, pellets and other agglomerates skyrocketed to $X in 2022. Overall, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Nepal (X cubic meters) and India (X cubic meters) dominates agglomerates structure, together comprising X% of total imports. Bangladesh (X cubic meters) and Pakistan (X cubic meters) followed a long way behind the leaders.

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

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

In India, imports of wood residues, pellets and other agglomerates 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: Nepal (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per cubic meter in 2022, growing by X% against the previous year. In general, the import price, however, continues to indicate a pronounced 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 2014; however, from 2015 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 Pakistan ($X per cubic meter), while Nepal ($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 Pakistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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