Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh - 2022

Contents:

  1. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh (FOB) - 2022
  2. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh (CIF) - 2022
  3. Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh
  4. Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh

Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh (FOB) - 2022

In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $532 per ton, standing approx. at the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 14%. As a result, the export price attained the peak level of $596 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.7% per year.

Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh (CIF) - 2022

The average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $436 per ton in 2022, which is down by -7.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 113% against the previous year. As a result, import price attained the peak level of $1,213 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($1,323 per ton), while the price for Myanmar ($53 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), 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 Bangladesh

In 2022, shipments abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated decreased by -7.3% to 5.9K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +12.3% 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 2020 when exports increased by 34% against the previous year.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated contracted to $3.1M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year.

Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.02.83.23.115.7%
OthersN/AN/A0.2N/A0%
Total2.12.83.43.113.9%

Top Export Markets for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated from Bangladesh in 2022:

  1. China (5.9K tons)

Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh

In 2022, after three years of growth, there was significant decline in overseas purchases of wood charcoal (including shell or nut charcoal), whether or not agglomerated, when their volume decreased by -18.7% to 110 tons. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of 135 tons, and then contracted remarkably in the following year.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated fell markedly to $48K in 2022. Overall, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. As a result, imports attained the peak of $64K, and then dropped dramatically in the following year.

Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam13.812.538.920.814.7%
Netherlands0.40.79.811.1202.8%
China20.18.33.39.6-21.8%
MyanmarN/AN/AN/A1.70%
Indonesia2.32.14.31.4-15.3%
India0.10.10.20.10.0%
Paraguay9.53.8N/AN/A-60.0%
Others7.54.87.53.3-23.9%
Total53.832.264.048.1-3.7%

Top Suppliers of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated to Bangladesh in 2022:

  1. Vietnam (49.7 tons)
  2. Myanmar (32.5 tons)
  3. Netherlands (12.4 tons)
  4. China (7.2 tons)
  5. Indonesia (5.4 tons)
  6. India (1.7 tons)

Source: IndexBox Market Intelligence Platform

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