Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam - 2022
Contents:
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam (FOB) - 2022
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam (CIF) - 2022
- Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam
- Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam
Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam (FOB) - 2022
In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $724 per ton, stabilizing at the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated increased by +24.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 29% against the previous year. As a result, the export price reached the peak level of $798 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($817 per ton) and Taiwan (Chinese) ($738 per ton), while the average price for exports to Greece ($700 per ton) and Japan ($701 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam (CIF) - 2022
In 2022, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $895 per ton, picking up by 35% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +77.2% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,220 per ton), while the price for Cambodia ($758 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.9%), 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 Vietnam
After two years of decline, shipments abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated increased by 1.2% to 106K tons in 2022. In general, exports, however, showed a deep contraction.
In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $77M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 25.9 | 27.1 | 22.2 | 25.9 | 0.0% |
| China | 9.5 | 6.1 | 19.5 | 17.7 | 23.1% |
| Japan | 6.4 | 7.0 | 6.3 | 9.3 | 13.3% |
| Saudi Arabia | 3.0 | 3.7 | 6.8 | 6.2 | 27.4% |
| United Arab Emirates | 6.7 | 5.9 | 6.8 | 3.5 | -19.5% |
| Taiwan (Chinese) | 3.3 | 1.6 | 2.0 | 2.5 | -8.8% |
| Greece | 0.7 | 0.6 | 2.5 | 2.4 | 50.8% |
| Australia | 1.4 | 1.1 | 1.7 | 1.9 | 10.7% |
| Kuwait | 3.2 | 3.3 | 2.1 | 1.0 | -32.1% |
| Turkey | 2.0 | 1.4 | 0.6 | 0.4 | -41.5% |
| Others | 5.4 | 6.1 | 5.4 | 6.3 | 5.3% |
| Total | 67.5 | 63.8 | 75.9 | 77.0 | 4.5% |
Top Export Markets for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated from Vietnam in 2022:
- South Korea (36.7K tons)
- China (24.0K tons)
- Japan (13.3K tons)
- Saudi Arabia (8.8K tons)
- United Arab Emirates (4.3K tons)
- Taiwan (Chinese) (3.4K tons)
- Greece (3.4K tons)
- Australia (2.6K tons)
- Kuwait (1.4K tons)
- Turkey (0.5K tons)
Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam
After three years of growth, overseas purchases of wood charcoal (including shell or nut charcoal), whether or not agglomerated decreased by -46.8% to 7.6K tons in 2022. Overall, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports reached the peak of 14K tons, and then declined sharply in the following year.
In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated fell remarkably to $6.8M in 2022. Over the period under review, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $9.4M, and then dropped markedly in the following year.
| Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.9 | 3.5 | 5.3 | 5.5 | 23.8% |
| Lao People's Democratic Republic | 0.5 | 0.3 | 0.2 | 0.5 | 0.0% |
| Cambodia | 0.1 | 0.8 | 2.4 | 0.4 | 58.7% |
| China | 0.5 | 0.1 | 0.2 | 0.2 | -26.3% |
| Japan | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Sri Lanka | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Philippines | 0.1 | N/A | 1.1 | N/A | 231.7% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 4.5 | 5.3 | 9.4 | 6.8 | 14.8% |
Top Suppliers of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated to Vietnam in 2022:
- Indonesia (6.0K tons)
- Lao People's Democratic Republic (0.7K tons)
- Cambodia (0.6K tons)
- Japan (0.2K tons)
- China (0.1K tons)
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