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

Contents:

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

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

The average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $750 per ton in 2022, with an increase of 26% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +72.0% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($807 per ton), while the price for India stood at $737 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $566 per ton, declining by -12.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 47%. As a result, the export price attained the peak level of $746 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($863 per ton), while the average price for exports to South Korea ($482 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 India (+6.8%), 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 Sri Lanka

Imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated into Sri Lanka reached 17K tons in 2022, approximately mirroring the year before. Overall, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 59%.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated soared to $12M in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 101%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.90.95.910.051.1%
Indonesia6.13.53.52.5-25.7%
Philippines0.60.10.1N/A-59.2%
Singapore0.30.40.4N/A15.5%
Others0.1N/AN/AN/A0%
Total10.04.99.812.57.7%

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

  1. India (13.5K tons)
  2. Indonesia (3.1K tons)

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

In 2022, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated from Sri Lanka surged to 14K tons, increasing by 69% against the year before. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated skyrocketed to $8M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2019 indices. As a result, the exports reached 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,6252,8222,2514,83643.8%
Netherlands7161,3541,2981,18218.2%
South Korea744571365616-6.1%
Germany92.514513247472.4%
Japan3592283403892.7%
China31456.721.0149-22.0%
United Kingdom30271.2105111-28.4%
Vietnam545154267N/A-30.0%
PhilippinesN/A760N/AN/A0%
Others560503649227-26.0%
Total5,2596,6655,4287,98314.9%

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

  1. India (9.0K tons)
  2. Netherlands (1.9K tons)
  3. South Korea (1.3K tons)
  4. Japan (0.6K tons)
  5. Germany (0.5K tons)
  6. United Kingdom (0.2K tons)
  7. China (0.2K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wood charcoal (including shell or nut charcoal), whether or not agglomerated - Sri Lanka