U.S.: Wood Charcoal Market 2024

Wood Charcoal Market Size in the U.S.

The U.S. wood charcoal market dropped slightly to $X in 2021, declining by -4.7% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020, and then fell modestly in the following year.

Wood Charcoal Production in the U.S.

In value terms, wood charcoal production contracted to $X in 2021. Over the period under review, production recorded a slight reduction. The growth pace was the most rapid in 2015 when the production volume increased by 44% against the previous year. Wood charcoal production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wood Charcoal Exports

Exports from the U.S.

In 2021, approx. X tons of wood charcoal were exported from the United States; picking up by 21% against the year before. In general, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.0% 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 +70.5% against 2017 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 34% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood charcoal exports surged to $X in 2021. Over the period under review, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.8% 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 +111.6% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for wood charcoal exports from the United States, accounting for a 77% share of total exports. Moreover, wood charcoal exports to Canada exceeded the volume sent to the second major destination, Norway (X tons), more than tenfold. Mexico (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to Canada totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+62.6% per year) and Mexico (+22.3% per year).

In value terms, Canada ($X) remains the key foreign market for wood charcoal exports from the United States, comprising 77% of total exports. The second position in the ranking was held by Mexico ($X), with a 4.1% share of total exports. It was followed by the Dominican Republic, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+25.0% per year) and the Dominican Republic (+20.6% per year).

Export Prices by Country

The average wood charcoal export price stood at $X per ton in 2021, with an increase of 5.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2015 an increase of 43%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Norway ($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 South Korea (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Charcoal Imports

Imports into the U.S.

In 2021, wood charcoal imports into the United States surged to X tons, increasing by 19% compared with 2020 figures. In general, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, wood charcoal imports skyrocketed to $X in 2021. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Mexico (X tons) constituted the largest wood charcoal supplier to the United States, with a 67% share of total imports. Moreover, wood charcoal imports from Mexico exceeded the figures recorded by the second-largest supplier, Paraguay (X tons), fivefold. Indonesia (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume from Mexico stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+32.4% per year) and Indonesia (+25.8% per year).

In value terms, Mexico ($X) constituted the largest supplier of wood charcoal to the United States, comprising 57% of total imports. The second position in the ranking was held by Paraguay ($X), with a 13% share of total imports. It was followed by Indonesia, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Mexico amounted to +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+32.6% per year) and Indonesia (+12.5% per year).

Import Prices by Country

In 2021, the average wood charcoal import price amounted to $X per ton, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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