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

Contents:

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

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

In 2022, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $917 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 27%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 ($3,796 per ton), while the price for Syrian Arab Republic ($265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $513 per ton, dropping by -36% against the previous year. In general, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 127%. The export price peaked at $1,350 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,188 per ton), while the average price for exports to the United Arab Emirates ($401 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 Turkey (-4.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated decreased by -5.8% to 45K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22%.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated dropped to $41M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 40% against the previous year.

Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia20.830.235.627.910.3%
China2.64.73.811.363.2%
Ukraine1.21.11.50.5-25.3%
Vietnam1.20.80.90.5-25.3%
Turkey0.50.81.00.4-7.2%
Syrian Arab Republic0.30.30.30.2-12.6%
Russia0.10.30.10.10.0%
Others1.00.50.60.4-26.3%
Total27.738.743.841.314.2%

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

  1. Indonesia (35.9K tons)
  2. China (3.0K tons)
  3. Ukraine (1.8K tons)
  4. Turkey (1.3K tons)
  5. Vietnam (0.8K tons)
  6. Syrian Arab Republic (0.7K tons)
  7. Russia (0.6K tons)

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

In 2022, the amount of wood charcoal (including shell or nut charcoal), whether or not agglomerated exported from Iraq soared to 160 tons, with an increase of 77% on 2021 figures. Overall, exports showed a measured expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 78% against the previous year. As a result, the exports attained the peak of 259 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated expanded significantly to $82K in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, the exports reached the peak of $92K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates38.5N/AN/A43.44.1%
JordanN/AN/A43.818.2-58.4%
GermanyN/AN/AN/A12.70%
Turkey2.391.528.67.246.3%
Kuwait14.0N/AN/AN/A0%
Saudi Arabia14.0N/AN/AN/A0%
Others2.30.2N/A0.5-39.9%
Total71.291.772.482.04.8%

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

  1. United Arab Emirates (108.3 tons)
  2. Jordan (27.3 tons)
  3. Turkey (13.6 tons)
  4. Germany (10.7 tons)

Source: IndexBox Market Intelligence Platform

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