Market research

Wood fuel market in Macao

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The wood fuel market in Macao contracted over the period from 2018 to 2023, with total volume dropping from 10 454 m³ to 9 468 m³. This overall decline was not uniform, as the market saw a sharp decrease in 2019, followed by a recovery in 2020 and a peak in 2021, before falling again in 2023.

Domestic production of wood fuel in Macao consistently decreased each year, from 6 817 m³ in 2018 to 6 295 m³ in 2023. Import volumes, however, fluctuated significantly, ranging from a low of 2 971 m³ in 2019 to a high of 3 918 m³ in 2022. These variations in imports directly influenced the total market size, offsetting some of the decline in local production in certain years.

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 Macao
  1. 5.1.1. Annual dynamics of production in Macao in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Macao 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 Macao in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Macao 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 Macao in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Macao 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 Macao, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Macao 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 Macao in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Macao 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 Macao in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Macao 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 Macao, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Macao 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 wood fuel in Macao

In kind, 2017-2020, 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 Macao has declined for the third year in a row. In 2020, production reached 6 603 m³, which represents a 1.6% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 4.7%, with an average annual decline of 1.6%.

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

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

Source: SHEV.io

Exports wood fuel from Macao

Market data indicates that Macao did not export any wood fuel between 2017 and 2020.

Imports wood fuel to Macao

Imports in kind, m³

After declining for two years, wood fuel imports into Macao increased in 2020. Imports reached 3 215 m³, showing a year-on-year rise of 8.2%. Over the 2017-2020 period, imports decreased by 24.7%, with an average annual decline of 9.0%. The lowest import volume was recorded in 2019 at 2 971 m³, which also saw the largest decline of 18.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(14.9%)	(18.3%)	8.2%	(9.0%)

Source: SHEV.io

From 2017 to 2020, China was the primary supplier of wood fuel to Macao, accounting for 78.4% of total imports by volume, while other partners held relatively smaller shares.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, Macao's wood fuel imports in value terms reached 744.6 K $ US, remaining nearly unchanged from the previous year. Over the 2017-2020 period, imports decreased by 15%, with an average annual decline of 5.3%. The lowest value was recorded in 2019 at 740.7 K $ US, while the highest was in 2018 at 882.7 K $ US. The largest decline occurred in 2019 at 16.1%, and the largest increase was in 2018 at 0.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.8%	(16.1%)	0.5%	(5.3%)

Source: SHEV.io

Between 2017 and 2020, two countries—China and Thailand—accounted for the majority of wood fuel imports to Macao in value terms, with other markets playing less significant roles individually.

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

Source: SHEV.io

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

Source: SHEV.io