Australia and Oceania: Wood Charcoal Market 2024

Wood Charcoal Market Size in Australia and Oceania

After five years of growth, the wood charcoal market in Australia and Oceania decreased by -0.7% to $X in 2021. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +36.6% against 2015 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank slightly in the following year.

Wood Charcoal Production in Australia and Oceania

In value terms, wood charcoal production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 16% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then fell modestly in the following year.

Wood Charcoal Exports

Exports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded growth in overseas shipments of wood charcoal, which increased by 107% to X tons in 2021. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2017 with an increase of 358%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, wood charcoal exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 213%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The biggest shipments were from Australia (X tons) and Fiji (X tons), together finishing at 99% of total export.

From 2012 to 2021, the biggest increases were in Fiji (with a CAGR of +63.5%).

In value terms, Australia ($X) remains the largest wood charcoal supplier in Australia and Oceania, comprising 71% of total exports. The second position in the ranking was taken by Fiji ($X), with a 27% share of total exports.

In Australia, wood charcoal exports expanded at an average annual rate of +50.0% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, with an increase of 18% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2018 when the export price increased by 58%. Over the period under review, the export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Australia ($X per ton), while Fiji stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+2.0%).

Wood Charcoal Imports

Imports in Australia and Oceania

In 2021, wood charcoal imports in Australia and Oceania expanded modestly to X tons, picking up by 2.8% compared with 2020. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.3% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by 77%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, wood charcoal imports soared to $X in 2021. Over the period under review, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 51%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Australia (X tons) was the main importer of wood charcoal, comprising 85% of total imports. It was distantly followed by New Zealand (X tons), committing a 14% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to wood charcoal imports into Australia stood at +8.4%. At the same time, New Zealand (+12.6%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +12.6% from 2012-2021. While the share of New Zealand (+3.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-2.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported wood charcoal in Australia and Oceania, comprising 81% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +12.9%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, with an increase of 23% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.1%).

Source: IndexBox Platform

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