Global Wood Fuel Market
Market Overview
The global wood fuel market shrank to $
in , approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of %. As a result, consumption attained the peak level of $. From 2019 to , the growth of the global market remained at a lower figure.
In value terms, wood fuel production shrank to $ in estimated in export price. Overall, production, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by %. Global production peaked at $ in 2019; however, from to , production failed to regain momentum.
The countries with the highest volumes of production in were India ( cubic meters), China ( cubic meters) and Brazil ( cubic meters), with a combined % share of global production. Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together accounting for a further %.
From 2012 to, the biggest increases were recorded for the United States (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.
in , approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of %. As a result, consumption attained the peak level of $. From 2019 to , the growth of the global market remained at a lower figure.In value terms, wood fuel production shrank to $
in estimated in export price. Overall, production, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by %. Global production peaked at $ in 2019; however, from to , production failed to regain momentum.The countries with the highest volumes of production in
were India ( cubic meters), China ( cubic meters) and Brazil ( cubic meters), with a combined % share of global production. Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together accounting for a further %.From 2012 to
, the biggest increases were recorded for the United States (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.Consumption
In , approx. cubic meters of wood fuel were consumed worldwide; approximately equating the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. Global consumption peaked at cubic meters in 2018; afterwards, it flattened through to .
The global wood fuel market value reduced modestly to $ in , almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by %. As a result, consumption reached the peak level of $. From 2019 to , the growth of the global market remained at a lower figure.
, approx. cubic meters of wood fuel were consumed worldwide; approximately equating the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. Global consumption peaked at cubic meters in 2018; afterwards, it flattened through to .The global wood fuel market value reduced modestly to $
in , almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by %. As a result, consumption reached the peak level of $. From 2019 to , the growth of the global market remained at a lower figure.Consumption by Country
The countries with the highest volumes of consumption in were India ( cubic meters), China ( cubic meters) and Brazil ( cubic meters), with a combined % share of global consumption. Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together comprising a further %.
From 2012 to, the biggest increases were recorded for the United States (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($) led the market, alone. The second position in the ranking was taken by the United States ($). It was followed by Brazil.
From 2012 to, the average annual growth rate of value in China was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+% per year) and Brazil (+% per year).
The countries with the highest levels of wood fuel per capita consumption in were Ghana ( cubic meters per persons), Ethiopia ( cubic meters per persons) and Uganda ( cubic meters per persons).
From 2012 to, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the United States (with a CAGR of +%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.
were India ( cubic meters), China ( cubic meters) and Brazil ( cubic meters), with a combined % share of global consumption. Ethiopia, Democratic Republic of the Congo, Nigeria, the United States, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together comprising a further %.From 2012 to
, the biggest increases were recorded for the United States (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.In value terms, China ($
) led the market, alone. The second position in the ranking was taken by the United States ($). It was followed by Brazil.From 2012 to
, the average annual growth rate of value in China was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+% per year) and Brazil (+% per year).The countries with the highest levels of wood fuel per capita consumption in
were Ghana ( cubic meters per persons), Ethiopia ( cubic meters per persons) and Uganda ( cubic meters per persons).From 2012 to
, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the United States (with a CAGR of +%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.Market Forecast
Driven by increasing demand for wood fuel worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to cubic meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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