Market research

Wood fuel market in Asia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The wood fuel market in India saw consumption decline from 740 million m³ in 2018 to 669 million m³ in 2020. This reduction coincided with supply chain disruptions during the COVID-19 pandemic, which hampered logging and processing operations, constraining available supply. In the preceding year, a domestic LPG supply crisis had intensified demand for fuelwood as households turned to this traditional alternative, supporting a high market volume initially.

From 2021 onward, the market began a steady recovery, reaching 703 million m³ by 2023. The rebound was primarily fueled by recurring shortages of LPG and sustained high energy prices, which made wood fuel a more accessible energy source for many consumers. During this period, government policies also aimed at strengthening sustainable wood use and promoting agroforestry to address underlying supply challenges.

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 Asia
  1. 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, M m³
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, M 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, M 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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/m³
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/m³
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/m³
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production wood fuel in Asia

In kind, 2017-2020, M m³

Top producers of wood fuel, 2017-2020

Source: SHEV.io

World map of production of wood fuel, 2017-2020

Source: SHEV.io

Wood fuel production in Asia has declined for the third consecutive year. In 2020, Asia produced 708.0 million cubic meters of wood fuel, marking a slight year-over-year decrease of 0.6%. From 2017 to 2020, production fell by 2.3%, which translates to an annualized decline rate of 0.8%.

Annual dynamics of production in Asia in kind, 2017-2020, M m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.9%)	(0.8%)	(0.6%)	(0.8%)

Source: SHEV.io

Exports wood fuel from Asia

Exports in kind, K m³

Market performance showed significant fluctuations during this period. The lowest exports were recorded in 2019 at 9 407 thousand cubic meters, while the highest occurred in 2017, resulting in a 6.9-fold gap between these years. In 2020, wood fuel exports in Asia totaled 61 581 thousand cubic meters, representing a substantial increase of 554.7% compared to the previous year. The largest decline was observed in 2018 at 83.6%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(83.6%)	(11.0%)	554.7%	(1.6%)

Source: SHEV.io

From 2017 to 2020, Asia, not elsewhere specified, served as the primary market for wood fuel exports from Asia, accounting for 1.5% of total exports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Wood fuel exports in Asia have increased for the third consecutive year. In 2020, exports reached 2 939 million US dollars, up by 2.0% from the previous year. Between 2017 and 2020, exports grew by 33.9%, equating to an annualized growth rate of 10.2%.

Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	29.3%	1.5%	2.0%	10.2%

Source: SHEV.io

Throughout 2017 to 2020, Asia, not elsewhere specified, remained the main buyer of wood fuel from Asia, holding a 1.1% share of total exports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports wood fuel to Asia

Imports in kind, K m³

Asia's wood fuel imports have declined for the second consecutive year. In 2020, import volume amounted to 22 984 thousand cubic meters, which is 15.1% lower than in 2019. Over the period from 2017 to 2020, imports decreased by 21.9%, with a compound annual growth rate (CAGR) of -7.9%. The maximum value was recorded in 2018 at 31 841 thousand cubic meters, while the largest increase occurred in 2018 at 8.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.1%	(15.0%)	(15.1%)	(7.9%)

Source: SHEV.io

The partner structure for imports in volume from 2017 to 2020 was fragmented, with Australia (17.8% of imports), Chile (8.7% of imports), and the United States (4.3% of imports) together accounting for only 30.8% of total flows. No single country achieved a dominant share during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

After a two-year increase, wood fuel import volumes in Asia declined. In 2020, imports came to 5 591 million US dollars, representing a 14.9% decrease compared to 2019. Between 2017 and 2020, imports increased by 4.1%, equating to an annualized growth rate of 1.4%. The maximum value was recorded in 2019 at 6 572 million US dollars, and the largest increase occurred in 2018 at 20.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.4%	1.7%	(14.9%)	1.4%

Source: SHEV.io

From 2017 to 2020, Australia (20.1% of imports in value terms), Chile (10.0% of imports), and South Africa (4.3% of imports) formed the largest group of suppliers of wood fuel to Asia. However, their combined contribution was limited to 34.4% of total imports in value terms, reflecting a diversified country structure.

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

Source: SHEV.io

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

Source: SHEV.io