Wood Fuel Market Overview in Myanmar
In value terms, wood fuel production contracted markedly to $ in estimated in export prices. In general, production recorded perceptible growth. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. As a result, production attained the peak level of $. from 2017 to , production growth remained at a somewhat lower figure.
The revenue of the wood fuel market in Myanmar fell to $ in , declining by -% against 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 posted slight growth. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. As a result, consumption reached the peak level of $. from 2017 to , the growth of the market remained at a lower figure.