Non coniferous wood fuel market in Hong Kong

Earlier Report Observations

The market for non-coniferous wood fuel in Hong Kong saw a persistent contraction from 2018 to 2023, with total volume declining from 75 951 m³ to 69 792 m³, a reduction exceeding 8% over the six-year period.

This downward trend was primarily reflected in falling domestic production, which decreased from 75 489 m³ to 69 541 m³, while import and export volumes remained relatively minor in scale compared to the overall market size.

Production non coniferous wood fuel in Hong Kong

In kind, 2017-2020, m³

Top producers of non coniferous wood fuel, 2017-2020

World map of production of non coniferous wood fuel, 2017-2020

Hong Kong's production of non-coniferous wood fuel has declined for the third year in a row. In 2020, the territory produced 73 054 m³, marking a 1.6% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 4.8% overall, which translates to an average annual decline of 1.6%.

Annual dynamics of production in Hong Kong in kind, 2017-2020, m³

Exports non coniferous wood fuel from Hong Kong

Exports in kind, m³

The export market for non-coniferous wood fuel showed significant volatility during these years. Exports hit their lowest point in 2017, then peaked in 2018, with an 8.7-fold difference between these two years. In 2020, exports from Hong Kong totaled 489 m³, representing a sharp increase of 454.3% over 2019. The highest volume was recorded in 2018 at 726 m³. The most substantial decline occurred in 2019, dropping by 87.9%, while the largest increase was in 2018, surging by 774.6%.

Annual dynamics of product's exports from Hong Kong in kind, 2017-2020, m³

From 2017 to 2020, exports in kind were dominated by two key markets: Macao and China. Together, they accounted for 96.2% of total export flows, with the remainder distributed among other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Hong Kong in kind, 2017-2020

Exports in value, K $ US

Export values exhibited noticeable fluctuations over this period. They reached a low in 2019 and a high in 2018, varying by 3.1 times between these years. In 2020, Hong Kong's exports of non-coniferous wood fuel were valued at 120.5 thousand US dollars, up 48.6% from the previous year. The minimum value was 81.1 thousand US dollars in 2019, while the maximum was 248.3 thousand US dollars in 2018. The largest decline took place in 2019, falling by 67.4%.

Annual dynamics of product's exports from Hong Kong in value, 2017-2020, K $ US

During 2017–2020, the United States, Macao, and China were the primary destinations for exports in value terms. The United States led with 48.8% of the total, followed by Macao at 22.4% and China at 18.6%. Combined, these three markets represented 89.8% of all export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Hong Kong in value, 2017-2020

Imports non coniferous wood fuel to Hong Kong

Imports in kind, m³

Import volumes for non-coniferous wood fuel were volatile throughout the observed period. They dropped to their lowest point in 2017, then peaked in 2018, with a 24-fold difference between these years. In 2020, Hong Kong imported 711 m³, showing a strong gain of 33.3% compared to 2019. The maximum volume was recorded in 2018 at 1 189 m³. The largest decline occurred in 2019, decreasing by 55.1%, while the biggest increase was in 2018, jumping by 2 307.5%.

Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, m³

From 2017 to 2020, Vietnam, the United States, and China were the main suppliers of non-coniferous wood fuel to Hong Kong in terms of volume. Vietnam contributed 35.0% of imports, the United States 30.6%, and China 27.2%. Together, these three countries accounted for 92.9% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Hong Kong in kind, 2017-2020

Imports in value, K $ US

After two years of decline, Hong Kong's imports of non-coniferous wood fuel in value terms increased in 2020. The territory imported approximately 218.5 thousand US dollars worth of non-coniferous wood fuel that year, indicating a 55.5% year-over-year gain. Over the full period from 2017 to 2020, however, imports decreased by 19.5%, with a compound annual growth rate of -7.0%. The minimum value was recorded in 2019 at 140.5 thousand US dollars, and the largest decline also occurred in 2019, falling by 39.9%.

Annual dynamics of product's imports to Hong Kong in value, 2017-2020, K $ US

In 2017–2020, imports in value terms were heavily concentrated on China and the United States. Their combined share reached 83.3% of total import flows, with other destinations playing a more minor role.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Hong Kong in value, 2017-2020