Northern America: Wood Charcoal Market 2024

Wood Charcoal Market Size in Northern America

The North American wood charcoal market reduced to $X in 2021, falling by -3.6% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted modestly in the following year.

Wood Charcoal Production in Northern America

In value terms, wood charcoal production reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2015 when the production volume increased by 44% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wood Charcoal Exports

Exports in Northern America

For the fourth consecutive year, Northern America recorded growth in overseas shipments of wood charcoal, which increased by 18% to X tons in 2021. Total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +61.3% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of 34% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood charcoal exports surged to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +92.6% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, accounting for X tons, which was approx. 96% of total exports in 2021. Canada (X tons) held a little share of total exports.

The United States was also the fastest-growing in terms of the wood charcoal exports, with a CAGR of +5.0% from 2012 to 2021. At the same time, Canada (+2.1%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest wood charcoal supplier in Northern America, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 4.6% share of total exports.

In the United States, wood charcoal exports expanded at an average annual rate of +7.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, growing by 7.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 when the export price increased by 45% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.6%).

Wood Charcoal Imports

Imports in Northern America

In 2021, supplies from abroad of wood charcoal increased by 30% to X tons, rising for the second year in a row after two years of decline. In general, imports enjoyed prominent growth. The growth pace was the most rapid in 2020 when imports increased by 57%. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, wood charcoal imports soared to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 30%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) represented the major importer of wood charcoal, committing 61% of total imports. It was distantly followed by Canada (X tons), creating a 39% share of total imports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +10.7%).

In value terms, the United States ($X) constitutes the largest market for imported wood charcoal in Northern America, comprising 82% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

In the United States, wood charcoal imports increased at an average annual rate of +12.3% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, reducing by -6.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 when the import price increased by 11%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.5%).

Source: IndexBox Platform

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