Australia: Wood Charcoal Market 2024

Wood Charcoal Market Size in Australia

The Australian wood charcoal market dropped slightly to $X in 2021, which is down by -3.8% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +55.8% against 2016 indices. Wood charcoal consumption peaked at $X in 2020, and then declined modestly in the following year.

Wood Charcoal Production in Australia

In value terms, wood charcoal production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 17%. Wood charcoal production peaked at $X in 2020, and then contracted in the following year.

Wood Charcoal Exports

Exports from Australia

In 2021, the amount of wood charcoal exported from Australia surged to X tons, with an increase of 79% on 2020 figures. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 696% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, wood charcoal exports surged to $X in 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 815%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

New Zealand (X tons) was the main destination for wood charcoal exports from Australia, with a 66% share of total exports. Moreover, wood charcoal exports to New Zealand exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was taken by France (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to +96.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (0.0% per year) and France (0.0% per year).

In value terms, New Zealand ($X) remains the key foreign market for wood charcoal exports from Australia, comprising 56% of total exports. The second position in the ranking was held by the UK ($X), with a 28% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand amounted to +93.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (0.0% per year) and France (0.0% per year).

Export Prices by Country

The average wood charcoal export price stood at $X per ton in 2021, jumping by 39% against the previous year. In general, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood charcoal export price increased by +64.8% against 2019 indices. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-1.5%), while the prices for the other major destinations experienced a decline.

Wood Charcoal Imports

Imports into Australia

In 2021, approx. X tons of wood charcoal were imported into Australia; therefore, remained relatively stable against the year before. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.3% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of 85% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, wood charcoal imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of 57%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest supplier of wood charcoal to Australia, accounting for a 47% share of total imports. Moreover, wood charcoal imports from Indonesia exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was held by Thailand (X tons), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from Indonesia stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+30.5% per year) and Thailand (+3.2% per year).

In value terms, Indonesia ($X) constituted the largest supplier of wood charcoal to Australia, comprising 47% of total imports. The second position in the ranking was held by Vietnam ($X), with a 20% share of total imports. It was followed by Thailand, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia amounted to +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+41.0% per year) and Thailand (+7.3% per year).

Import Prices by Country

In 2021, the average wood charcoal import price amounted to $X per ton, with an increase of 24% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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