Romania: Wood Charcoal Market 2024

Wood Charcoal Market Size in Romania

The Romanian wood charcoal market surged to $X in 2021, increasing by 36% against the previous year. Overall, consumption enjoyed a resilient increase. Wood charcoal consumption peaked in 2021 and is expected to retain growth in the immediate term.

Wood Charcoal Production in Romania

In value terms, wood charcoal production reduced dramatically to $X in 2021 estimated in export price. Over the period under review, production recorded a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 145% against the previous year. As a result, production attained the peak level of $X, and then shrank sharply in the following year.

Wood Charcoal Exports

Exports from Romania

In 2021, shipments abroad of wood charcoal increased by 87% to X tons, rising for the second consecutive year after three years of decline. Overall, exports posted a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 320%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, wood charcoal exports surged to $X in 2021. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 389%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for wood charcoal exports from Romania, with a 52% share of total exports. Moreover, wood charcoal exports to Ireland exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland totaled +308.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+63.4% per year) and the UK (+82.7% per year).

In value terms, Ireland ($X) remains the key foreign market for wood charcoal exports from Romania, comprising 46% of total exports. The second position in the ranking was taken by Germany ($X), with a 22% share of total exports. It was followed by Greece, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Ireland amounted to +308.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+65.5% per year) and Greece (+2.4% per year).

Export Prices by Country

The average wood charcoal export price stood at $X per ton in 2021, which is down by -11.9% against the previous year. In general, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 24% against the previous year. The export price peaked at $X per ton in 2020, and then fell in the following year.

Prices varied noticeably country of destination: the country with the highest price was Greece ($X per ton), while the average price for exports to Ireland ($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 Greece (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Charcoal Imports

Imports into Romania

In 2021, wood charcoal imports into Romania surged to X tons, rising by 29% against 2020 figures. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 447%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, wood charcoal imports surged to $X in 2021. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2016 when imports increased by 316% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest supplier of wood charcoal to Romania, with a 83% share of total imports. Moreover, wood charcoal imports from Ukraine exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), more than tenfold. The third position in this ranking was held by Nigeria (X tons), with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Ukraine totaled +150.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+236.2% per year) and Nigeria (+66.6% per year).

In value terms, Ukraine ($X) constituted the largest supplier of wood charcoal to Romania, comprising 72% of total imports. The second position in the ranking was held by Bulgaria ($X), with a 4.5% share of total imports. It was followed by Ireland, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from Ukraine totaled +184.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+199.8% per year) and Ireland (+57.3% per year).

Import Prices by Country

The average wood charcoal import price stood at $X per ton in 2021, growing by 14% against the previous year. Overall, the import price, however, recorded a perceptible setback. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+91.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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