Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia - 2022
Contents:
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia (CIF) - 2022
- Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia (FOB) - 2022
- Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia
- Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia
Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia (CIF) - 2022
The average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $606 per ton in 2022, shrinking by -3.1% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 40% against the previous year. The import price peaked at $626 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,104 per ton), while the price for Sudan ($287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+37.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia (FOB) - 2022
The average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $602 per ton in 2022, which is down by -19.9% against the previous year. Over the period under review, the export price showed a mild reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 76% against the previous year. As a result, the export price reached the peak level of $1,120 per ton. From 2020 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 the UK ($1,144 per ton), while the average price for exports to Oman ($583 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-22.0%).
Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia
In 2022, approx. 149K tons of wood charcoal (including shell or nut charcoal), whether or not agglomerated were imported into Saudi Arabia; waning by -4.3% against the previous year's figure. In general, imports saw a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by 9.4%.
In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated declined to $90M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, imports reached the peak of $97M, and then declined in the following year.
| Import of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 49.9 | 52.9 | 55.9 | 52.9 | 2.0% |
| China | 4.9 | 7.2 | 9.5 | 9.0 | 22.5% |
| Vietnam | 3.5 | 4.9 | 9.1 | 8.6 | 34.9% |
| Malaysia | 10.9 | 6.7 | 7.1 | 7.7 | -10.9% |
| Nigeria | 7.1 | 5.3 | 3.2 | 4.9 | -11.6% |
| Paraguay | 3.2 | 2.1 | 4.2 | 4.0 | 7.7% |
| Sudan | 1.4 | 0.9 | 0.6 | 0.9 | -13.7% |
| Egypt | 0.4 | N/A | 4.6 | N/A | 239.1% |
| Others | 4.4 | 3.1 | 3.1 | 2.2 | -20.6% |
| Total | 85.8 | 83.0 | 97.1 | 90.1 | 1.6% |
Top Suppliers of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated to Saudi Arabia in 2022:
- Indonesia (81.4K tons)
- Nigeria (15.2K tons)
- Vietnam (13.4K tons)
- Malaysia (11.7K tons)
- Paraguay (10.5K tons)
- China (8.2K tons)
- Sudan (3.2K tons)
Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia
In 2022, shipments abroad of wood charcoal (including shell or nut charcoal), whether or not agglomerated was finally on the rise to reach 88 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp shrinkage.
In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated expanded sharply to $53K in 2022. Overall, exports, however, saw a sharp setback.
| Export of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Oman | N/A | 45.5 | 0% |
| Kuwait | 14.9 | 4.8 | -67.8% |
| United Kingdom | N/A | 1.8 | 0% |
| Finland | N/A | 0.9 | 0% |
| Jordan | 20.7 | N/A | 0% |
| Egypt | 2.8 | N/A | 0% |
| Yemen | 9.4 | N/A | 0% |
| Others | N/A | 0.1 | 0% |
| Total | 47.9 | 53.2 | 11.1% |
Top Export Markets for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated from Saudi Arabia in 2022:
- Oman (78.1 tons)
- Kuwait (7.0 tons)
- United Kingdom (1.6 tons)
- Finland (1.4 tons)
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