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

Contents:

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

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

In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $533 per ton, increasing by 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2020 an increase of 25% against the previous year. As a result, the export price reached the peak level of $552 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($802 per ton), while the average price for exports to Portugal ($396 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 Lebanon (+7.4%), 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 Colombia (CIF) - 2022

In 2022, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $2,209 per ton, surging by 17% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 +89.6% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 63%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($3,186 per ton), while the price for Lebanon ($765 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+52.3%), 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 Colombia

In 2022, approx. 7.5K tons of wood charcoal (including shell or nut charcoal), whether or not agglomerated were exported from Colombia; waning by -31.1% compared with 2021. Overall, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 3.7% against the previous year.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated shrank sharply to $4M in 2022. In general, exports saw a abrupt shrinkage. The smallest decline of -4.4% was in 2021.

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

1. Israel (3212.3 tons)
2. United States (2143.3 tons)
3. Portugal (470.2 tons)
4. United Arab Emirates (415.9 tons)
5. Kuwait (333.5 tons)
6. France (155.7 tons)
7. Curacao (131.2 tons)
8. Saudi Arabia (112.4 tons)
9. Oman (28.4 tons)
10. Lebanon (24.0 tons)

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

In 2022, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated into Colombia surged to 117 tons, rising by 38% on 2021. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 154% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated skyrocketed to $258K in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 136% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. United States (42.3 tons)
2. South Korea (35.5 tons)
3. China (26.9 tons)
4. Hong Kong SAR (10.5 tons)

Source: IndexBox Market Intelligence Platform