Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal - 2023
Contents:
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal (CIF) - 2023
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal (FOB) - 2023
- Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal
- Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal
Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal (CIF) - 2023
In August 2023, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $428 per ton, stabilizing at the previous month. Over the period from October 2022 to August 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in November 2022 an increase of 26% month-to-month. The import price peaked at $489 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were Cuba ($459 per ton) and Angola ($446 per ton), while the price for Nigeria ($376 per ton) and Spain ($390 per ton) were amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Nigeria (+1.8%), 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 Portugal (FOB) - 2023
The average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $608 per ton in August 2023, surging by 7.8% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in January 2023 an increase of 18% month-to-month. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($976 per ton), while the average price for exports to Belgium ($454 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.3%), 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 Portugal
Imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated into Portugal reduced slightly to 60K tons in 2022, approximately equating 2021. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of 61K tons, leveling off in the following year.
In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated skyrocketed to $26M in 2022. Overall, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 71% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.2 | 0.6 | 9.3 | 10.2 | 104.1% |
| Cuba | 7.4 | 7.4 | 8.4 | 10.0 | 10.6% |
| Nigeria | 5.8 | 3.0 | 3.4 | 5.0 | -4.8% |
| Venezuela | 0.7 | 0.6 | 0.5 | N/A | -15.5% |
| Others | 1.2 | 1.5 | 0.9 | 1.3 | 2.7% |
| Total | 16.3 | 13.1 | 22.5 | 26.5 | 17.6% |
Top Suppliers of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated to Portugal in 2022:
- Spain (23.6K tons)
- Cuba (20.4K tons)
- Nigeria (14.3K tons)
Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal
In 2022, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated from Portugal declined modestly to 43K tons, remaining relatively unchanged against the previous year's figure. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 133%. As a result, the exports attained the peak of 43K tons, leveling off in the following year.
In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated expanded remarkably to $20M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 137% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.8 | 2.6 | 4.9 | 6.0 | 16.4% |
| France | 2.1 | 3.3 | 3.8 | 5.8 | 40.3% |
| United Kingdom | 0.1 | 0.3 | 7.2 | 4.6 | 258.3% |
| Netherlands | 0.3 | 0.5 | 0.6 | 1.1 | 54.2% |
| Belgium | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| Others | 0.7 | 0.8 | 1.2 | 1.6 | 31.7% |
| Total | 7.0 | 7.5 | 17.8 | 19.7 | 41.2% |
Top Export Markets for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated from Portugal in 2022:
- Spain (16.6K tons)
- United Kingdom (11.2K tons)
- France (10.5K tons)
- Netherlands (1.5K tons)
- Belgium (1.1K tons)
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