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

Contents:

1. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Serbia (FOB) - 2022
2. Price for Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Serbia (CIF) - 2023
3. Exports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Serbia
4. Imports of Wood Charcoal (Including Shell or Nut Charcoal), Whether or Not Agglomerated in Serbia

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

In 2022, the average export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated amounted to $644 per ton, picking up by 18% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood charcoal (including shell or nut charcoal), whether or not agglomerated increased by +81.3% against 2016 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 26% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,144 per ton), while the average price for exports to Greece ($270 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 Germany (+15.6%), 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 Serbia (CIF) - 2023

The average import price for wood charcoal (including shell or nut charcoal), whether or not agglomerated stood at $404 per ton in July 2023, dropping by -1.7% against the previous month. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 101% against the previous month. Over the period under review, average import prices reached the peak figure at $985 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Indonesia ($2,335 per ton), while the price for Austria ($224 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+3.2%), 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 Serbia

In 2022, approx. 6.9K tons of wood charcoal (including shell or nut charcoal), whether or not agglomerated were exported from Serbia; dropping by -25.2% compared with 2021 figures. Over the period under review, exports saw a deep reduction. The smallest decline of less than 0.1% was in 2020.

In value terms, exports of wood charcoal (including shell or nut charcoal), whether or not agglomerated contracted to $4.4M in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 4%. As a result, the exports reached the peak of $5.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Austria (3163.3 tons)
2. Greece (1134.8 tons)
3. Romania (838.5 tons)
4. North Macedonia (517.7 tons)
5. Slovenia (471.4 tons)
6. Montenegro (193.3 tons)
7. Croatia (192.0 tons)
8. Bosnia and Herzegovina (99.3 tons)

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

Imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated into Serbia soared to 1.6K tons in 2022, jumping by 17% compared with 2021 figures. The total import volume increased at an average annual rate of +1.1% 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 23%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wood charcoal (including shell or nut charcoal), whether or not agglomerated declined to $682K in 2022. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 51%.

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

1. Austria (824.4 tons)
2. Bosnia and Herzegovina (375.7 tons)
3. Albania (143.5 tons)
4. Indonesia (80.3 tons)
5. Romania (62.9 tons)
6. France (42.8 tons)
7. Spain (29.4 tons)
8. Croatia (12.7 tons)

Source: IndexBox Market Intelligence Platform