Report Update Apr 1, 2024

Singapore - Wood Chips, Particles and Residues - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Singapore

In 2021, after three years of growth, there was significant decline in the Singaporean market for wood chips, particles and residues, when its value decreased by X% to $X. Overall, consumption, however, posted a perceptible increase. Wood chips, particles and residues consumption peaked at $X in 2020, and then shrank markedly in the following year.

Exports of Wood Chips, Particles And Residues

Exports from Singapore

In 2021, shipments abroad of wood chips, particles and residues decreased by X% to X cubic meters, falling for the seventh year in a row after three years of growth. Overall, exports recorded a dramatic slump. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X cubic meters in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood chips, particles and residues exports amounted to $X in 2021. Over the period under review, exports showed a sharp contraction. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X cubic meters) was the main destination for wood chips, particles and residues exports from Singapore, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Thailand totaled X%.

In value terms, Thailand ($X) remains the key foreign market for wood chips, particles and residues exports from Singapore, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Thailand stood at X%.

Export Prices by Country

In 2021, the average export price for wood chips, particles and residues amounted to $X per cubic meter, picking up by X% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Imports of Wood Chips, Particles And Residues

Imports into Singapore

After two years of growth, overseas purchases of wood chips, particles and residues decreased by X% to X cubic meters in 2021. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, wood chips, particles and residues imports plummeted to $X in 2021. Over the period under review, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Malaysia (X cubic meters) constituted the largest supplier of wood chips, particles and residues to Singapore, accounting for a X% share of total imports. Moreover, wood chips, particles and residues imports from Malaysia exceeded the figures recorded by the second-largest supplier, the UK (X cubic meters), threefold. The third position in this ranking was held by Germany (X cubic meters), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

In value terms, Malaysia ($X), Germany ($X) and the UK ($X) appeared to be the largest wood chips, particles and residues suppliers to Singapore.

Among the main suppliers, Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for wood chips, particles and residues amounted to $X per cubic meter, waning by X% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2020, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Malaysia ($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 Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood chips, particles and residues in the world?

The country with the largest volume of wood chips, particles and residues consumption was China, comprising approx. 35% of total volume. Moreover, wood chips, particles and residues consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Japan ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of wood chips, particles and residues in the world?

The countries with the highest volumes of production in 2021 were the United States, China and Australia, with a combined 39% share of global production. Vietnam, Russia, Belarus, Canada, Brazil, Chile, Sweden, Germany, Finland and France lagged somewhat behind, together accounting for a further 41%.

What are the leading suppliers of wood chips, particles and residues to Singapore?

In value terms, Malaysia, Germany and the UK appeared to be the largest wood chips, particles and residues suppliers to Singapore.

What are the leading importers of wood chips, particles and residues from Singapore?

In value terms, Thailand remains the key foreign market for wood chips, particles and residues exports from Singapore, comprising 175% of total exports. The second position in the ranking was taken by Malaysia $375), with a 0.1% share of total exports.

What is the average export price for wood chips, particles and residues in Singapore?

In 2021, the average export price for wood chips, particles and residues amounted to $344 per cubic meter, rising by 127% against the previous year.

What is the average import price for wood chips, particles and residues in Singapore?

The average import price for wood chips, particles and residues stood at $75 per cubic meter in 2021, declining by -68.5% against the previous year.

This report provides an in-depth analysis of the market for wood chips, particles and residues in Singapore. 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 1619 - Wood chips and particles
FCL 1620 - Wood residues

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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