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

Contents:

  1. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in China (FOB) - 2023
  2. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in China (CIF) - 2022
  3. Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in China
  4. Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in China

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

The average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $919 per ton in June 2023, dropping by -21.4% against the previous month. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 19% against the previous month. As a result, the export price reached the peak level of $2,777 per ton. From February 2023 to June 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Israel ($1,609 per ton), while the average price for exports to Turkey ($511 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-1.3%), while the prices for the other major destinations experienced a decline.

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

The average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $323 per ton in 2022, declining by -3.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. Over the period under review, average import prices reached the maximum at $346 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($569 per ton), while the price for Myanmar ($236 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 91K tons of wood charcoal (including shell or nut charcoal), whether or not agglomerated were exported from China; surging by 6.3% against the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated soared to $208M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan52.344.336.049.3-1.9%
Saudi Arabia31.639.827.337.15.5%
United Arab Emirates1.818.912.425.3141.3%
Iraq2.84.63.922.399.7%
South Korea13.17.08.013.71.5%
South Africa7.97.413.110.710.6%
Iran2.74.16.34.821.1%
India4.33.15.83.4-7.5%
United States5.74.63.53.2-17.5%
Israel3.85.45.12.5-13.0%
Others40.741.753.035.6-4.4%
Total1671811752087.6%

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

  1. Japan (30.9K tons)
  2. Saudi Arabia (14.1K tons)
  3. South Korea (7.3K tons)
  4. United Arab Emirates (7.1K tons)
  5. South Africa (5.0K tons)
  6. Iraq (4.3K tons)
  7. Iran (3.2K tons)
  8. United States (1.7K tons)
  9. India (1.3K tons)
  10. Israel (0.8K tons)

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

In 2022, supplies from abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated was finally on the rise to reach 561K tons after two years of decline. In general, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated soared to $181M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic2.92.49.645.5150.3%
Philippines27.715.733.041.014.0%
Myanmar0.317.72.433.4381.1%
Vietnam18.69.519.532.920.9%
Indonesia31.313.48.313.7-24.1%
Bangladesh3.12.83.24.614.1%
Malaysia6.22.32.92.9-22.4%
Nigeria0.91.00.41.210.1%
Russia5.12.40.90.3-61.1%
Others2.83.57.66.129.6%
Total98.870.787.918122.4%

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

  1. Lao People's Democratic Republic (145.2K tons)
  2. Myanmar (142.0K tons)
  3. Vietnam (122.7K tons)
  4. Philippines (72.1K tons)
  5. Indonesia (38.3K tons)
  6. Malaysia (8.5K tons)
  7. Nigeria (7.8K tons)
  8. Bangladesh (7.4K tons)
  9. Russia (1.1K tons)

Source: IndexBox Market Intelligence Platform

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