Malaysia - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood Pellets Price in Malaysia - 2023
Contents:
- Wood Pellets Price in Malaysia (FOB) - 2023
- Wood Pellets Price in Malaysia (CIF) - 2022
- Wood Pellets Exports in Malaysia
- Wood Pellets Imports in Malaysia
Wood Pellets Price in Malaysia (FOB) - 2023
In December 2023, the average wood pellets export price amounted to $121 per ton, declining by -10.3% against the previous month. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 8.4% m-o-m. The export price peaked at $249 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In December 2023, the country with the highest price was Japan ($143 per ton), while the average price for exports to South Korea ($115 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-3.1%), while the prices for the other major destinations experienced a decline.
Wood Pellets Price in Malaysia (CIF) - 2022
In 2022, the average wood pellets import price amounted to $452 per ton, growing by 26% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by 28%. Over the period under review, average import prices reached the maximum at $599 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($710 per ton), while the price for Taiwan (Chinese) ($176 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Wood Pellets Exports in Malaysia
Wood pellets exports from Malaysia surged to 775K tons in 2022, picking up by 38% on the year before. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood pellets exports soared to $126M in 2022. Over the period under review, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wood Pellets in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 59.5 | 47.2 | 47.0 | 56.3 | -1.8% |
| Japan | 7.2 | 18.3 | 16.0 | 35.6 | 70.4% |
| Netherlands | 6.7 | N/A | N/A | 22.4 | 49.5% |
| United Kingdom | N/A | N/A | N/A | 4.5 | 0% |
| Denmark | N/A | N/A | N/A | 3.9 | 0% |
| France | N/A | N/A | N/A | 3.1 | 0% |
| Others | 4.2 | 2.3 | 2.0 | 0.7 | -45.0% |
| Total | 77.6 | 67.8 | 65.0 | 126 | 17.5% |
Top Export Markets for Wood Pellets from Malaysia in 2022:
- South Korea (381.0K tons)
- Japan (227.6K tons)
- Netherlands (103.6K tons)
- United Kingdom (35.0K tons)
- Denmark (13.0K tons)
- France (12.0K tons)
Wood Pellets Imports in Malaysia
Wood pellets imports into Malaysia dropped sharply to 3.5K tons in 2022, falling by -28.4% against 2021 figures. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 51%.
In value terms, wood pellets imports fell to $1.6M in 2022. Overall, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40%.
| Import of Wood Pellets in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 932 | 867 | 1,323 | 1,253 | 10.4% |
| Germany | 301 | 256 | 264 | 314 | 1.4% |
| Taiwan (Chinese) | N/A | N/A | N/A | 13.3 | 0% |
| South Korea | 523 | 7.4 | 111 | N/A | -53.9% |
| Others | 105 | 134 | 73.4 | 18.0 | -44.4% |
| Total | 1,861 | 1,264 | 1,771 | 1,598 | -5.0% |
Top Suppliers of Wood Pellets to Malaysia in 2022:
- China (2979.0 tons)
- Germany (441.6 tons)
- Taiwan (Chinese) (75.5 tons)
This report provides an in-depth analysis of the wood pellets market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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