World - Wood Charcoal - Market Analysis, Forecast, Size, Trends and Insights
Indonesia’s Wood Charcoal Exports Surged 32% in 2014
Indonesia dominates in the global wood charcoal trade. In 2014, Indonesia exported 326 thousand tonnes of wood charcoal totaling 156 million USD, 32% over the previous year. Its primary trading partner was the Republic of Korea, where it supplied 19.2% of its total wood charcoal exports in value terms, accounting for 30.2% of the Republic of Korea total imports.
Overall, the global wood charcoal trade reached to 790 million USD, with a CAGR of 8.9% from 2007 to 2014. In physical terms, it showed decline, falling from 1,661 thousand tonnes in 2007 to 1,542 thousand tonnes in 2014.
In 2014, Japan (11.6%), Germany (9.9%), the Republic of Korea (9.3%), China (5.4%) and France (4.9%) were the leading destinations of wood charcoal imports, together making up 41.1% of global imports. The share of China increased (+4 percentage points), while the share of Japan illustrated negative dynamics (-2 percentage points).
Indonesia and China were among the other main global suppliers of wood charcoal in 2014 with a combined share of 31.1% of global exports. However, the fastest growing exporters from 2007 to 2014 were Thailand (+32.4% per year) and India (+24.3% per year). Indonesia significantly strengthened its position in the global export structure, from 11% in 2007 to 20% in 2014.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global wood charcoal market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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