Southern Asia: Wood Pellets Market 2024

Wood Pellets Market Size in Southern Asia

The South Asian wood pellets market expanded sharply to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, recorded significant growth. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Wood Pellets Production in Southern Asia

In value terms, wood pellets production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, showed a dramatic decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Wood Pellets Exports

Exports in Southern Asia

In 2022, overseas shipments of wood pellets decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood pellets exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Pakistan (X tons) was the main exporter of wood pellets, committing X% of total exports. It was distantly followed by India (X tons), committing an X% share of total exports. Nepal (X tons) followed a long way behind the leaders.

Pakistan was also the fastest-growing in terms of the wood pellets exports, with a CAGR of X% from 2012 to 2022. At the same time, Nepal (X%) displayed positive paces of growth. By contrast, India (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Pakistan and Nepal increased by X and X percentage points, respectively.

In value terms, Pakistan ($X) remains the largest wood pellets supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Nepal ($X), with a X% share of total exports.

In Pakistan, wood pellets 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: Nepal (X% per year) and India (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price saw a strong expansion. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

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

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

Wood Pellets Imports

Imports in Southern Asia

In 2022, the amount of wood pellets imported in Southern Asia declined dramatically to X tons, which is down by X% against 2021 figures. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood pellets imports reduced rapidly to $X in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Nepal (X tons), making up a X% share of total imports. Pakistan (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wood pellets imports into India stood at X%. At the same time, Pakistan (X%), Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. India (X p.p.), Nepal (X p.p.) and Pakistan (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, Pakistan ($X), India ($X) and Nepal ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Pakistan, 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 2022, the import price in Southern Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price continues to indicate pronounced growth. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, 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 import price figures.

Source: IndexBox Platform

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