Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Ghana - 2023

Contents:

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

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

In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $270 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 an increase of 13% against the previous year. Over the period under review, the average export prices reached the maximum at $462 per ton in 2014; however, from 2015 to 2022, the 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 Lebanon ($645 per ton), while the average price for exports to China ($224 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 (+3.8%), 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 Ghana (CIF) - 2022

In 2022, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $772 per ton, with a decrease of -18.9% against the previous year. Overall, the import price, however, saw a mild increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 59%. Over the period under review, average import prices attained the peak figure at $1,465 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +9.6% per year.

Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Ghana

In 2022, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated from Ghana fell remarkably to 2.6K tons, which is down by -38.6% against 2021. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 370% against the previous year. As a result, the exports attained the peak of 4.3K tons, and then shrank markedly in the following year.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated fell remarkably to $707K in 2022. Overall, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2021 when exports increased by 311% against the previous year. As a result, the exports reached the peak of $1.1M, and then shrank notably in the following year.

Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.967.6746324336.3%
Turkey18152.5159162-3.6%
United Arab Emirates39839.725.5154-27.1%
United Kingdom36.577.043.230.1-6.2%
Lebanon52.0N/A45.827.5-19.1%
Saudi Arabia11919.620.2N/A-58.8%
Others27.119.996.49.0-30.7%
Total8182761,137707-4.7%

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

  1. China (1445.3 tons)
  2. United Arab Emirates (638.2 tons)
  3. Turkey (407.2 tons)
  4. United Kingdom (51.1 tons)
  5. Lebanon (42.6 tons)

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

Imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated into Ghana totaled 197 tons in 2022, growing by 2.1% on 2021. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 550% against the previous year. As a result, imports reached the peak of 201 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated dropped significantly to $152K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 467%.

Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.6120183152532.7%
China4.8N/AN/AN/A0%
Lebanon6.4N/AN/AN/A0%
Others9.5N/AN/AN/A0%
Total21.212018315292.8%

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

  1. United Arab Emirates (196.5 tons)

Source: IndexBox Market Intelligence Platform

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