Israel: Wood Charcoal Market 2024

Wood Charcoal Market Size in Israel

In 2021, after five years of growth, there was decline in the Israeli wood charcoal market, when its value decreased by -4.3% to $X. In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.2% 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 +80.6% against 2015 indices. Wood charcoal consumption peaked at $X in 2020, and then dropped in the following year.

Wood Charcoal Exports

Exports from Israel

In 2021, overseas shipments of wood charcoal were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a mild slump. The most prominent rate of growth was recorded in 2016 with an increase of 582%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, wood charcoal exports soared to $X in 2021. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 562%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Palestine (X tons) was the main destination for wood charcoal exports from Israel, accounting for a 94% share of total exports. Moreover, wood charcoal exports to Palestine exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Palestine totaled +3.1%.

In value terms, Palestine ($X) remains the key foreign market for wood charcoal exports from Israel, comprising 94% of total exports. The second position in the ranking was held by the United States ($X), with a 4.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Palestine totaled +11.2%.

Export Prices by Country

The average wood charcoal export price stood at $X per ton in 2021, with an increase of 76% against the previous year. Over the period under review, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Palestine ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.4%).

Wood Charcoal Imports

Imports into Israel

In 2021, supplies from abroad of wood charcoal decreased by -8.2% to X tons, falling for the third consecutive year after three years of growth. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 34%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, wood charcoal imports shrank slightly to $X in 2021. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by 33%. Imports peaked at $X in 2020, and then shrank slightly in the following year.

Imports by Country

Paraguay (X tons), Egypt (X tons) and Colombia (X tons) were the main suppliers of wood charcoal imports to Israel, with a combined 51% share of total imports. Nigeria, Palestine, Indonesia, Namibia, China, South Africa, Venezuela, Vietnam and Turkey lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +66.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Paraguay ($X), Egypt ($X) and Colombia ($X) constituted the largest wood charcoal suppliers to Israel, together accounting for 51% of total imports. These countries were followed by Nigeria, Palestine, Indonesia, Namibia, China, South Africa, Venezuela, Vietnam and Turkey, which together accounted for a further 38%.

Among the main suppliers, Indonesia, with a CAGR of +69.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wood charcoal import price amounted to $X per ton, picking up by 5.1% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.9% 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 import price increased by +48.9% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of 30%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from China ($X per ton) and Nigeria ($X per ton), while the price for Palestine ($X per ton) and Namibia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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