Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in China
Market Overview
The Chinese market for wood chips, parts, residues, pellets and other agglomerates skyrocketed to $
in , with an increase of % 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). Over the period under review, consumption saw a significant expansion. Consumption of peaked in and is expected to retain growth in years to come.
In value terms, production of wood chips, parts, residues, pellets and other agglomerates totaled $ in estimated in export price. In general, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2017 with an increase of %. Over the period under review, production of reached the peak level at $ in ; however, from to , production failed to regain momentum.
in , with an increase of % 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). Over the period under review, consumption saw a significant expansion. Consumption of peaked in and is expected to retain growth in years to come.In value terms, production of wood chips, parts, residues, pellets and other agglomerates totaled $
in estimated in export price. In general, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2017 with an increase of %. Over the period under review, production of reached the peak level at $ in ; however, from to , production failed to regain momentum.Consumption
In , consumption of wood chips, parts, residues, pellets and other agglomerates in China rose remarkably to cubic meters, growing by % against the previous year. In general, consumption continues to indicate a significant expansion. Consumption of peaked in and is expected to retain growth in the immediate term.
The size of the market for wood chips, parts, residues, pellets and other agglomerates in China skyrocketed to $ in , jumping 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 significant growth. Over the period under review, the market reached the maximum level in and is expected to retain growth in years to come.
, consumption of wood chips, parts, residues, pellets and other agglomerates in China rose remarkably to cubic meters, growing by % against the previous year. In general, consumption continues to indicate a significant expansion. Consumption of peaked in and is expected to retain growth in the immediate term.The size of the market for wood chips, parts, residues, pellets and other agglomerates in China skyrocketed to $
in , jumping 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 significant growth. Over the period under review, the market reached the maximum level in and is expected to retain growth in years to come.Market Forecast
Driven by increasing demand for wood chips, parts, residues, pellets and other agglomerates in China, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, 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 .Market Structure
Wood chips, parts, residues, pellets and other agglomerates market in China consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
China remains a net importer of wood chips, parts, residues, pellets and other agglomerates; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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