Market research

Non coniferous wood fuel market in Maldives

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The market volume for non-coniferous wood fuel in the Maldives increased from 16 439 m³ in 2018 to 17 280 m³ in 2023. A significant rise in imports to 210 m³ in 2019 contributed to market growth that year, coinciding with the launch of the National Single Window project funded by the Asian Development Bank, which streamlined international trade procedures and facilitated the import of goods including wood fuel.

Following a minor dip in 2020, the market resumed its expansion, reaching a peak in 2023 with imports surging to 446 m³. This acceleration was supported by the government's energy policy and strategy emphasizing a transition to renewable energy sources and a net-zero emissions target by 2030, which encouraged the use of renewable wood fuel for household cooking amid the country's high reliance on imported fossil fuels.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Maldives
  1. 5.1.1. Annual dynamics of production in Maldives in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Maldives in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Maldives in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Maldives by countries, 2018-2024, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Maldives in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Maldives by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Maldives, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Maldives by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Maldives in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Maldives by countries, 2018-2024, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Maldives in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Maldives by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Maldives, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Maldives by countries, 2018-2024, $ US/m³
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, m³
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, m³
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production non coniferous wood fuel in Maldives

In kind, 2017-2020, m³

Top producers of non coniferous wood fuel, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Maldives saw its non-coniferous wood fuel production volume increase for the third consecutive year. In 2020, the country produced 16,589 m³ of non-coniferous wood fuel, which remained virtually unchanged compared to the previous year.

Annual dynamics of production in Maldives in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.5%	0.5%	0.5%	0.5%

Source: SHEV.io

Exports non coniferous wood fuel from Maldives

According to market reports, there were no exports of non-coniferous wood fuel from Maldives between 2017 and 2020.

Imports non coniferous wood fuel to Maldives

Imports in kind, m³

The market showed significant volatility during this period. Imports reached their lowest point in 2018 at just 1.6 m³, then surged dramatically in 2019 with a 13,014.5% increase. In 2020, Maldives imported approximately 23.6 m³ of non-coniferous wood fuel, representing an 88.8% decrease compared to 2019. The largest decline occurred in 2018, when imports fell by 99.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.9%)	13 014.5%	(88.8%)	(72.9%)

Source: SHEV.io

From 2017 to 2020, Japan and the United Arab Emirates consistently accounted for 88.7% of Maldives' total non-coniferous wood fuel imports by volume, demonstrating a highly concentrated market structure with numerous smaller suppliers making up the remainder.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

The market exhibited considerable volatility during these years. Imports reached their minimum value in 2018 at $408, then experienced a dramatic 15,504.0% increase in 2019. In 2020, non-coniferous wood fuel imports to Maldives totaled $10,578, marking an 83.4% decrease compared to 2019. The largest decline occurred in 2018 with a 99.3% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.3%)	15 504.0%	(83.4%)	(42.4%)

Source: SHEV.io

Throughout the 2017-2020 period, Japan and the United Arab Emirates dominated Maldives' non-coniferous wood fuel imports in value terms, jointly accounting for 82.0% of total import value, while other destinations maintained relatively modest shares.

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

Source: SHEV.io

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

Source: SHEV.io