Singapore - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood Pellets Price in Singapore - 2022
Contents:
- Wood Pellets Price in Singapore (CIF) - 2022
- Wood Pellets Price in Singapore (FOB) - 2022
- Wood Pellets Imports in Singapore
- Wood Pellets Exports in Singapore
Wood Pellets Price in Singapore (CIF) - 2022
The average wood pellets import price stood at $282 per ton in 2022, reducing by -10.5% against the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47% against the previous year. The import price peaked at $439 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($841 per ton), while the price for Malaysia ($161 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Pellets Price in Singapore (FOB) - 2022
In 2022, the average wood pellets export price amounted to $261 per ton, falling by -61.5% against the previous year. In general, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 239%. The export price peaked at $3,275 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($957 per ton), while the average price for exports to the United Arab Emirates ($198 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+33.9%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Pellets Imports in Singapore
In 2022, the amount of wood pellets imported into Singapore rose rapidly to 2.6K tons, picking up by 9.6% compared with the previous year. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wood pellets imports dropped slightly to $733K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of $748K, and then declined in the following year.
| Import of Wood Pellets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 314 | 251 | 210 | 236 | -9.1% |
| Vietnam | N/A | N/A | 88.5 | 186 | 110.2% |
| Malaysia | 8.9 | 1.9 | 16.3 | 93.3 | 118.9% |
| Indonesia | 12.1 | 10.1 | 190 | 77.1 | 85.4% |
| Canada | 75.8 | 47.8 | 19.4 | 34.0 | -23.5% |
| Sweden | 41.3 | 50.0 | 54.8 | 27.9 | -12.3% |
| Japan | 3.8 | 1.8 | N/A | 24.7 | 86.6% |
| Others | 40.8 | 106 | 169 | 55.0 | 10.5% |
| Total | 497 | 469 | 748 | 733 | 13.8% |
Top Suppliers of Wood Pellets to Singapore in 2022:
- Vietnam (896.7 tons)
- Malaysia (578.6 tons)
- China (391.8 tons)
- Indonesia (363.1 tons)
- Canada (130.2 tons)
- Japan (81.8 tons)
- Sweden (77.0 tons)
Wood Pellets Exports in Singapore
In 2022, wood pellets exports from Singapore fell significantly to 382 tons, waning by -50.3% compared with the year before. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 351%. As a result, the exports attained the peak of 770 tons, and then dropped remarkably in the following year.
In value terms, wood pellets exports dropped dramatically to $100K in 2022. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 153% against the previous year.
| Export of Wood Pellets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 39.3 | 0% |
| Bahrain | N/A | 10.1 | 39.6 | 32.7 | 79.9% |
| Malaysia | 392 | 96.5 | 29.8 | 15.8 | -65.7% |
| Australia | N/A | N/A | 184 | 4.8 | -97.4% |
| Netherlands | N/A | N/A | 5.0 | 4.2 | -16.0% |
| Japan | N/A | 9.8 | N/A | 2.3 | -51.6% |
| Indonesia | 34.9 | N/A | 0.5 | 0.3 | -79.5% |
| Vietnam | N/A | 86.2 | 145 | N/A | 68.2% |
| Taiwan (Chinese) | N/A | N/A | 49.6 | N/A | 0% |
| Maldives | 63.6 | N/A | N/A | N/A | 0% |
| Others | 59.9 | 3.8 | 68.7 | 0.3 | -82.9% |
| Total | 551 | 206 | 522 | 99.8 | -43.4% |
Top Export Markets for Wood Pellets from Singapore in 2022:
- United Arab Emirates (198.4 tons)
- Bahrain (139.6 tons)
- Malaysia (19.0 tons)
- Australia (9.5 tons)
- Netherlands (9.4 tons)
- Japan (6.1 tons)
- Indonesia (0.3 tons)
This report provides an in-depth analysis of the wood pellets market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
-
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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