Wood Charcoal Price in Latvia - 2023
Contents:
- Wood Charcoal Price in Latvia (FOB) - 2022
- Wood Charcoal Price in Latvia (CIF) - 2022
- Wood Charcoal Exports in Latvia
- Wood Charcoal Imports in Latvia
Wood Charcoal Price in Latvia (FOB) - 2022
The average wood charcoal export price stood at $864 per ton in 2022, growing by 31% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +78.6% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($2,400 per ton), while the average price for exports to Poland ($407 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 Poland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Charcoal Price in Latvia (CIF) - 2022
The average wood charcoal import price stood at $868 per ton in 2022, increasing by 37% against the previous year. Over the period under review, the import price showed slight growth. 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 Indonesia ($2,650 per ton), while the price for Russia ($615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Charcoal Exports in Latvia
In 2022, approx. 8.7K tons of wood charcoal were exported from Latvia; declining by -24.7% against the previous year. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 26%.
In value terms, wood charcoal exports dropped modestly to $7.5M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports attained the peak of $7.6M, and then reduced in the following year.
| Export of Wood Charcoal in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 5.4 | 3.5 | 4.6 | 2.4 | -23.7% |
| Estonia | 0.7 | 0.8 | 0.9 | 0.9 | 8.7% |
| Spain | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Lithuania | 0.8 | 0.7 | 0.8 | 0.3 | -27.9% |
| Poland | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| United Kingdom | 0.1 | 0.2 | 0.6 | 0.2 | 26.0% |
| Others | 0.2 | 0.4 | 0.6 | 3.2 | 152.0% |
| Total | 7.2 | 5.6 | 7.6 | 7.5 | 1.4% |
Top Export Markets for Wood Charcoal from Latvia in 2022:
- France (3.1K tons)
- Estonia (1.0K tons)
- Poland (0.4K tons)
- Lithuania (0.3K tons)
- United Kingdom (0.1K tons)
- Spain (0.1K tons)
Wood Charcoal Imports in Latvia
In 2022, the amount of wood charcoal imported into Latvia dropped notably to 3.7K tons, reducing by -17.1% on the year before. Over the period under review, imports continue to indicate a significant decline. The smallest decline of -5% was in 2021.
In value terms, wood charcoal imports rose significantly to $3.2M in 2022. Overall, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.
| Import of Wood Charcoal in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2,504 | 1,545 | 1,460 | 975 | -27.0% |
| Indonesia | 2.2 | 114 | 343 | 942 | 653.7% |
| Poland | 174 | 514 | 520 | 753 | 63.0% |
| Belarus | N/A | 9.7 | 65.2 | 423 | 560.4% |
| Ukraine | 324 | 98.3 | 197 | 74.4 | -38.8% |
| Lithuania | 376 | 58.4 | 79.6 | 15.6 | -65.4% |
| Others | 122 | 145 | 157 | 19.0 | -46.2% |
| Total | 3,501 | 2,484 | 2,822 | 3,204 | -2.9% |
Top Suppliers of Wood Charcoal to Latvia in 2022:
- Russia (1586.0 tons)
- Poland (886.9 tons)
- Belarus (622.8 tons)
- Indonesia (355.6 tons)
- Ukraine (72.1 tons)
- Lithuania (13.1 tons)
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