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

Contents:

1. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Romania (CIF) - 2023
2. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Romania (FOB) - 2023
3. Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Romania
4. Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Romania

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

In August 2023, the average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $665 per ton, which is down by -13.6% against the previous month. Over the period from October 2022 to August 2023, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices reached the peak figure at $769 per ton in July 2023, and then dropped in the following month.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Ukraine ($661 per ton) and Cuba ($629 per ton), while the price for Egypt ($447 per ton) and Nigeria ($452 per ton) were amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Egypt (+2.4%), 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 Romania (FOB) - 2023

The average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $1,146 per ton in August 2023, shrinking by -11.7% against the previous month. In general, export price indicated a mild increase from October 2022 to August 2023: its price increased at an average monthly rate of +1.2% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated decreased by -11.7% against July 2023 indices. The growth pace was the most rapid in January 2023 an increase of 78% m-o-m. The export price peaked at $1,297 per ton in July 2023, and then declined in the following month.

Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was the UK ($1,160 per ton), while the average price for exports to Moldova amounted to $1,044 per ton.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was decline in supplies from abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated, when their volume decreased by -4.6% to 38K tons. The total import volume increased at an average annual rate of +8.3% 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 imports increased by 29%. As a result, imports reached the peak of 39K tons, and then declined modestly in the following year.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated soared to $24M in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Ukraine (29.8K tons)
2. Nigeria (1.4K tons)
3. South Africa (1.1K tons)
4. Serbia (0.8K tons)
5. Bulgaria (0.8K tons)
6. Poland (0.7K tons)
7. Turkey (0.6K tons)
8. Egypt (0.6K tons)
9. Hungary (0.3K tons)

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

In 2022, overseas shipments of wood charcoal (including shell or nut charcoal), whether or not agglomerated decreased by -48.4% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 89% against the previous year. As a result, the exports attained the peak of 4.9K tons, and then shrank remarkably in the following year.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated fell sharply to $1.9M in 2022. Overall, exports, however, recorded measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, the exports reached the peak of $3.8M, and then declined rapidly in the following year.

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

1. Ireland (1187.7 tons)
2. Greece (482.2 tons)
3. Germany (423.1 tons)
4. United Kingdom (194.3 tons)
5. Serbia (62.9 tons)
6. Moldova (51.1 tons)
7. Italy (48.5 tons)
8. Belgium (17.4 tons)

Source: IndexBox Market Intelligence Platform