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

Contents:

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

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

In August 2023, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $1,130 per ton, with an increase of 1.9% against the previous month. Over the last ten months, it increased at an average monthly rate of +4.0%. The most prominent rate of growth was recorded in November 2022 an increase of 28% month-to-month. The import price peaked at $1,216 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($1,448 per ton), while the price for Turkey ($636 per ton) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+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 Estonia (FOB) - 2022

In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $739 per ton, falling by -17.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs at $892 per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($1,013 per ton), while the average price for exports to Finland ($660 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 Latvia (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 2.5K tons of wood charcoal (including shell or nut charcoal), whether or not agglomerated were imported into Estonia; picking up by 15% compared with 2021. Overall, imports, however, recorded a sharp downturn.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated soared to $2.1M in 2022. In general, imports, however, saw a precipitous setback.

Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia4696347281,23838.2%
Russia3,060334449388-49.8%
Ukraine286159107175-15.1%
Lithuania6.965.571.1126163.3%
Finland80.111010774.3-2.5%
Poland110N/AN/A19.4-43.9%
Others19854.142.181.4-25.6%
Total4,2091,3561,5042,101-20.7%

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

  1. Latvia (1410.1 tons)
  2. Russia (639.7 tons)
  3. Lithuania (143.6 tons)
  4. Ukraine (135.9 tons)
  5. Finland (84.2 tons)
  6. Poland (38.9 tons)

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

After two years of decline, shipments abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated increased by 16% to 621 tons in 2022. In general, exports, however, showed a sharp downturn.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated dropped modestly to $459K in 2022. Overall, exports, however, faced a dramatic decline.

Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland2853433383133.2%
Latvia11610589.765.8-17.2%
Lithuania48.054.127.663.910.0%
Sweden73.46.73.1N/A-79.4%
France536N/AN/AN/A0%
Others9.566.617.516.620.4%
Total1,068575476459-24.5%

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

  1. Finland (474.1 tons)
  2. Lithuania (73.9 tons)
  3. Latvia (64.9 tons)

Source: IndexBox Market Intelligence Platform

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