| Product Code: ETC084584 | Publication Date: Jun 2021 | Updated Date: Mar 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand import trend for wood chips experienced a notable decline from 2023 to 2024, with a growth rate of -31.16% and a CAGR of -8.26% for 2020-2024. This downturn could be attributed to shifting market demands or changes in trade policies impacting import momentum and market stability.

The wood chips market in Thailand was estimated to be worth THB 8.5 billion (USD 260 million) in 2025, growing at a CAGR of 5.8%. The timber and sawmilling industry are major contributors to the demand for wood chips, as these sectors produce large amounts of waste that can be converted into fuel or used for other purposes such as energy production, animal bedding, and paper manufacturing. Other drivers include increasing awareness about environmental protection due to rising air pollution levels from burning coal or fossil fuels and growth in industrialization which has resulted in higher electricity demand from factories.
In the Thailand wood chips market,the thriving furniture and woodworking industries are major drivers. The country`s skilled craftsmanship and abundant supply of wood resources contribute to the production of high-quality wood chips used in various applications, including furniture manufacturing and biomass energy generation. Export opportunities also play a role in stimulating the market`s growth.
The wood chips market in Thailand encounters challenges associated with sustainable sourcing and environmental regulations. As the demand for wood chips for various applications, including biomass energy, pulp, and paper production, rises, ensuring responsible forestry practices and adhering to environmental standards becomes crucial.
In the wood chips market of Thailand, the demand has remained relatively stable due to its versatile applications in industries like construction, agriculture, and pulp and paper. However, the Covid-19 pandemic led to disruptions in supply chains and reduced demand from some sectors. The market is now showing signs of recovery as economic activities resume and industries regain momentum.
Companies such as Siam Forestry Group and Thai Biomass are playing a pivotal role in supplying quality wood chips to meet these demands, fostering the expansion of the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Wood Chips Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Wood Chips Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Wood Chips Market - Industry Life Cycle |
3.4 Thailand Wood Chips Market - Porter's Five Forces |
3.5 Thailand Wood Chips Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Thailand Wood Chips Market Revenues & Volume Share, By Variety Type, 2022 & 2032F |
3.7 Thailand Wood Chips Market Revenues & Volume Share, By Raw Material, 2022 & 2032F |
3.8 Thailand Wood Chips Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Thailand Wood Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Wood Chips Market Trends |
6 Thailand Wood Chips Market, By Types |
6.1 Thailand Wood Chips Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Wood Chips Market Revenues & Volume, By Product Type, 2022-2032F |
6.1.3 Thailand Wood Chips Market Revenues & Volume, By Softwood, 2022-2032F |
6.1.4 Thailand Wood Chips Market Revenues & Volume, By Hardwood, 2022-2032F |
6.1.5 Thailand Wood Chips Market Revenues & Volume, By Manual, 2022-2032F |
6.2 Thailand Wood Chips Market, By Variety Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Wood Chips Market Revenues & Volume, By Forest Chips, 2022-2032F |
6.2.3 Thailand Wood Chips Market Revenues & Volume, By Recycled Chips, 2022-2032F |
6.2.4 Thailand Wood Chips Market Revenues & Volume, By Wood Residue Chips, 2022-2032F |
6.2.5 Thailand Wood Chips Market Revenues & Volume, By Sawing Residue Chips, 2022-2032F |
6.3 Thailand Wood Chips Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Thailand Wood Chips Market Revenues & Volume, By Pulp Wood, 2022-2032F |
6.3.3 Thailand Wood Chips Market Revenues & Volume, By Residue Wood, 2022-2032F |
6.4 Thailand Wood Chips Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Wood Chips Market Revenues & Volume, By Combined Heat and Power, 2022-2032F |
6.4.3 Thailand Wood Chips Market Revenues & Volume, By Household Furnishing, 2022-2032F |
6.4.4 Thailand Wood Chips Market Revenues & Volume, By Residential Heating, 2022-2032F |
6.4.5 Thailand Wood Chips Market Revenues & Volume, By Playground Surfacing, 2022-2032F |
6.4.6 Thailand Wood Chips Market Revenues & Volume, By Barbecue, 2022-2032F |
6.4.7 Thailand Wood Chips Market Revenues & Volume, By Mulch, 2022-2032F |
6.4.8 Thailand Wood Chips Market Revenues & Volume, By Fuel, 2022-2032F |
6.4.9 Thailand Wood Chips Market Revenues & Volume, By Fuel, 2022-2032F |
7 Thailand Wood Chips Market Import-Export Trade Statistics |
7.1 Thailand Wood Chips Market Export to Major Countries |
7.2 Thailand Wood Chips Market Imports from Major Countries |
8 Thailand Wood Chips Market Key Performance Indicators |
9 Thailand Wood Chips Market - Opportunity Assessment |
9.1 Thailand Wood Chips Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Thailand Wood Chips Market Opportunity Assessment, By Variety Type, 2022 & 2032F |
9.3 Thailand Wood Chips Market Opportunity Assessment, By Raw Material, 2022 & 2032F |
9.4 Thailand Wood Chips Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Thailand Wood Chips Market - Competitive Landscape |
10.1 Thailand Wood Chips Market Revenue Share, By Companies, 2025 |
10.2 Thailand Wood Chips Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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