Wood Charcoal Price in Estonia - 2023
Contents:
- Wood Charcoal Price in Estonia (CIF) - 2022
- Wood Charcoal Price in Estonia (FOB) - 2022
- Wood Charcoal Imports in Estonia
- Wood Charcoal Exports in Estonia
Wood Charcoal Price in Estonia (CIF) - 2022
In 2022, the average wood charcoal import price amounted to $841 per ton, increasing by 23% against the previous year. In general, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 467%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($1,358 per ton), while the price for Poland ($514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Charcoal Price in Estonia (FOB) - 2022
In 2022, the average wood charcoal export price amounted to $742 per ton, waning by -17.5% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood charcoal export price increased by +29.1% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. As a result, the export price reached the peak level of $899 per ton, and then contracted notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($1,049 per ton), while the average price for exports to Finland ($692 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 (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Charcoal Imports in Estonia
In 2022, approx. 2.5K tons of wood charcoal were imported into Estonia; surging by 14% against 2021. In general, imports, however, saw a sharp slump.
In value terms, wood charcoal imports skyrocketed to $2.1M in 2022. Overall, imports, however, saw a precipitous descent.
| Import of Wood Charcoal in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 469 | 634 | 728 | 935 | 25.9% |
| Russia | 3,060 | 334 | 450 | 464 | -46.7% |
| Ukraine | 286 | 159 | 107 | 210 | -9.8% |
| Lithuania | 6.9 | 65.5 | 71.1 | 148 | 177.8% |
| Finland | 80.1 | 110 | 107 | 84.6 | 1.8% |
| Poland | 110 | N/A | N/A | 23.5 | -40.2% |
| Others | 198 | 54.0 | 42.0 | 236 | 6.0% |
| Total | 4,209 | 1,356 | 1,504 | 2,101 | -20.7% |
Top Suppliers of Wood Charcoal to Estonia in 2022:
- Latvia (1024.2 tons)
- Russia (729.4 tons)
- Lithuania (158.7 tons)
- Ukraine (155.0 tons)
- Finland (91.6 tons)
- Poland (45.6 tons)
Wood Charcoal Exports in Estonia
In 2022, shipments abroad of wood charcoal was finally on the rise to reach 619 tons after two years of decline. Overall, exports, however, showed a sharp decline.
In value terms, wood charcoal exports shrank to $459K in 2022. Over the period under review, exports, however, faced a dramatic decline.
| Export of Wood Charcoal in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 285 | 343 | 331 | 327 | 4.7% |
| Lithuania | 48.0 | 54.1 | 27.0 | 67.5 | 12.0% |
| Latvia | 116 | 105 | 87.7 | 64.1 | -17.9% |
| Sweden | 73.4 | 6.7 | 3.1 | N/A | -79.4% |
| France | 536 | N/A | N/A | N/A | 0% |
| Others | 9.5 | 66.6 | 27.7 | 0.7 | -58.1% |
| Total | 1,068 | 575 | 476 | 459 | -24.5% |
Top Export Markets for Wood Charcoal from Estonia in 2022:
- Finland (472.0 tons)
- Lithuania (73.9 tons)
- Latvia (61.1 tons)
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