Wood Fuel Market Overview in Egypt
In value terms, wood fuel production reduced to $ in estimated in export prices. In general, production posted a buoyant increase. The growth pace was the most rapid in 2015 with an increase of % y-o-y. As a result, production reached the peak level of $. from 2016 to , production growth failed to regain the momentum.
The size of the wood fuel market in Egypt fell to $ in , which is down 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 continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2015 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. from 2016 to , the growth of the market remained at a somewhat lower figure.