
U.S. - Wood Charcoal - Market Analysis, Forecast, Size, Trends And Insights
U.S. Wood Charcoal Price Rolls Back to $664 per Ton After Peaking in June
U.S. Wood Charcoal Import Price per Ton July 2022
In July 2022, the wood charcoal price per ton stood at $664 (CIF, US), falling by -8.5% against the previous month. Over the last six-month period, it increased at an average monthly rate of +3.0%. The pace of growth appeared the most rapid in May 2022 an increase of 8.7% against the previous month. The import price peaked at $726 per ton in June 2022, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Paraguay ($1,238 per ton), while the price for Venezuela ($274 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Wood Charcoal Imports
In July 2022, after four months of growth, there was significant decline in purchases abroad of wood charcoal, when their volume decreased by -14.3% to 13K tons. Overall, total imports indicated measured growth from January 2022 to July 2022: its volume increased at an average monthly rate of +4.6% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports decreased by -14.3% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 25% against the previous month. Imports peaked at 15K tons in June 2022, and then reduced in the following month.
In value terms, wood charcoal imports dropped notably to $8.7M (IndexBox estimates) in July 2022. In general, total imports indicated prominent growth from January 2022 to July 2022: its value increased at an average monthly rate of +7.8% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports decreased by -21.6% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 27% month-to-month. Over the period under review, imports reached the maximum at $11M in June 2022, and then fell significantly in the following month.
U.S. Wood Charcoal Imports by Country
In July 2022, Mexico (8.8K tons) constituted the largest supplier of wood charcoal to the United States, accounting for a 67% share of total imports. Moreover, wood charcoal imports from Mexico exceeded the figures recorded by the second-largest supplier, Paraguay (1.1K tons), eightfold. The third position in this ranking was held by China (700 tons), with a 5.3% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of volume from Mexico amounted to +5.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Paraguay (+7.7% per month) and China (+55.8% per month).
In value terms, Mexico ($4.9M) constituted the largest supplier of wood charcoal to the United States, comprising 56% of total imports. The second position in the ranking was held by Paraguay ($1.4M), with a 16% share of total imports. It was followed by Indonesia, with a 7.6% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of value from Mexico amounted to +6.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Paraguay (+28.6% per month) and Indonesia (+4.3% per month).
This report provides an in-depth analysis of the wood charcoal market in the U.S.. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET