Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria - 2023

Contents:

1. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria (CIF) - 2022
2. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria (FOB) - 2022
3. Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria
4. Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria

Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria (CIF) - 2022

In 2022, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $566 per ton, with an increase of 31% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated increased by +78.5% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,410 per ton), while the price for Serbia ($311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria (FOB) - 2022

The average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $749 per ton in 2022, surging by 5.4% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated increased by +104.1% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($1,231 per ton), while the average price for exports to Turkey ($162 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+44.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria

In 2022, the amount of wood charcoal (including shell or nut charcoal), whether or not agglomerated imported into Bulgaria rose to 5.7K tons, picking up by 4.5% on 2021. Overall, imports, however, recorded a abrupt curtailment.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated surged to $3.2M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated to Bulgaria in 2022:

1. Turkey (2182.0 tons)
2. Ukraine (1797.8 tons)
3. Cuba (567.4 tons)
4. Nigeria (502.1 tons)
5. Indonesia (205.4 tons)
6. Germany (94.3 tons)
7. Serbia (90.7 tons)

Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bulgaria

Exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated from Bulgaria dropped remarkably to 1.3K tons in 2022, reducing by -38.1% on the previous year. In general, exports recorded a sharp descent. The smallest decline of -5.5% was in 2021.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated dropped markedly to $954K in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 13%.

Top Export Markets for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated from Bulgaria in 2022:

1. Greece (571.7 tons)
2. United Kingdom (388.5 tons)
3. Ireland (120.4 tons)
4. Italy (46.3 tons)
5. North Macedonia (38.1 tons)
6. Turkey (32.2 tons)
7. Norway (25.2 tons)

Source: IndexBox Market Intelligence Platform