Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand - 2024
Contents:
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand (CIF) - 2024
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand (FOB) - 2022
- Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand
- Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand
Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand (CIF) - 2024
In September 2023, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $137 per ton, falling by -1.7% against the previous month. Overall, the import price saw a slight setback. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 5.7% against the previous month. Over the period under review, average import prices attained the maximum at $151 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Lao People's Democratic Republic ($289 per ton), while the price for Myanmar ($130 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+3.3%), 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 Thailand (FOB) - 2022
In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $439 per ton, leveling off at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 15%. As a result, the export price attained the peak level of $481 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($807 per ton), while the average price for exports to Israel ($179 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 Lebanon (+11.0%), 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 Thailand
After two years of decline, supplies from abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated increased by 40% to 86K tons in 2022. The total import volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 $12M in 2022. Overall, imports, however, showed a noticeable decline.
| Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 6.8 | 7.9 | 9.8 | 20.0% |
| Cambodia | 8.1 | 0.4 | N/A | 1.4 | -44.3% |
| Lao People's Democratic Republic | 2.1 | 0.8 | 0.6 | 0.9 | -24.6% |
| Others | 3.0 | 0.2 | 0.4 | 0.2 | -59.5% |
| Total | 13.3 | 8.3 | 8.8 | 12.3 | -2.6% |
Top Suppliers of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated to Thailand in 2022:
- Myanmar (75.5K tons)
- Cambodia (7.7K tons)
- Lao People's Democratic Republic (2.3K tons)
Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Thailand
For the fourth consecutive year, Thailand recorded growth in shipments abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated, which increased by 3.6% to 23K tons in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $10M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. The exports peaked 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 Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 260 | 1,416 | 3,929 | 3,260 | 132.3% |
| South Korea | 895 | 868 | 1,168 | 1,204 | 10.4% |
| Australia | 742 | 720 | 1,154 | 1,105 | 14.2% |
| Japan | 1,844 | 2,316 | 1,399 | 1,031 | -17.6% |
| Bahrain | 1,011 | 673 | 786 | 992 | -0.6% |
| Lebanon | N/A | N/A | N/A | 462 | 0% |
| United Arab Emirates | 349 | 347 | 543 | 419 | 6.3% |
| Malaysia | 21.0 | 4.0 | 74.7 | 374 | 161.1% |
| Hong Kong SAR | 212 | 166 | 166 | 207 | -0.8% |
| Israel | 163 | 162 | 31.2 | 178 | 3.0% |
| Others | 1,476 | 954 | 591 | 965 | -13.2% |
| Total | 6,972 | 7,626 | 9,842 | 10,196 | 13.5% |
Top Export Markets for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated from Thailand in 2022:
- China (7.4K tons)
- South Korea (2.9K tons)
- Bahrain (2.6K tons)
- Australia (2.4K tons)
- Japan (1.8K tons)
- United Arab Emirates (1.1K tons)
- Israel (1.0K tons)
- Hong Kong SAR (1.0K tons)
- Malaysia (0.7K tons)
- Lebanon (0.6K tons)
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