Report Update: May 1, 2024

Finland - Wood Charcoal - Market Analysis, Forecast, Size, Trends And Insights

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Wood Charcoal Price in Finland - 2023

Wood Charcoal Price in Finland (CIF) - 2022

The average wood charcoal import price stood at $899 per ton in 2022, picking up by 4.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 38%. Over the period under review, average import prices hit record highs at $984 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($1,456 per ton), while the price for Russia ($651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.5%), while the prices for the other major suppliers experienced a decline.

Wood Charcoal Price in Finland (FOB) - 2022

In 2022, the average wood charcoal export price amounted to $919 per ton, stabilizing at the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the maximum at $1,659 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Norway ($1,252 per ton) and Sweden ($1,037 per ton), while the average price for exports to Latvia ($922 per ton) and Estonia ($922 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 the United Arab Emirates (+101.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Charcoal Imports in Finland

In 2022, the amount of wood charcoal imported into Finland contracted dramatically to 4.6K tons, with a decrease of -15.3% on the previous year. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13%.

In value terms, wood charcoal imports contracted to $4.1M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26%. As a result, imports attained the peak of $4.6M, and then contracted in the following year.

Import of Wood Charcoal in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	1,352	1,520	2,396	1,910	12.2%
Lithuania	337	345	472	540	17.0%
Estonia	143	349	347	350	34.8%
Netherlands	37.2	107	287	277	95.3%
Germany	2.6	151	212	194	321.0%
Sweden	220	195	198	145	-13.0%
Russia	767	331	272	95.2	-50.1%
Namibia	284	N/A	N/A	N/A	0%
Latvia	145	54.2	19.9	N/A	-63.0%
Others	332	620	436	589	21.1%
Total	3,619	3,673	4,641	4,100	4.2%

Top Suppliers of Wood Charcoal to Finland in 2022:

Poland (2149.9 tons)
Estonia (525.0 tons)
Lithuania (371.3 tons)
Germany (225.7 tons)
Netherlands (217.3 tons)
Russia (146.2 tons)
Sweden (112.2 tons)

Wood Charcoal Exports in Finland

For the third consecutive year, Finland recorded decline in overseas shipments of wood charcoal, which decreased by -32% to 147 tons in 2022. Overall, exports faced a significant decline. The smallest decline of -28.9% was in 2021.

In value terms, wood charcoal exports reduced dramatically to $135K in 2022. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -24.2% was in 2021.

Export of Wood Charcoal in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Estonia	80.3	118	110	68.7	-5.1%
Sweden	25.3	23.6	27.3	32.5	8.7%
Lithuania	218	54.8	44.5	13.8	-60.1%
Latvia	72.4	20.3	4.2	6.3	-55.7%
Norway	13.7	29.4	9.2	3.7	-35.4%
Others	3.2	15.1	3.4	10.4	48.1%
Total	413	262	198	135	-31.1%

Top Export Markets for Wood Charcoal from Finland in 2022:

Estonia (74.5 tons)
Sweden (31.3 tons)
Lithuania (14.1 tons)
Latvia (6.8 tons)
Norway (2.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood charcoal market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1630 - Wood charcoal

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023