Wood Charcoal Price in Lithuania - 2023
Contents:
- Wood Charcoal Price in Lithuania (CIF) - 2022
- Wood Charcoal Price in Lithuania (FOB) - 2022
- Wood Charcoal Imports in Lithuania
- Wood Charcoal Exports in Lithuania
Wood Charcoal Price in Lithuania (CIF) - 2022
In 2022, the average wood charcoal import price amounted to $862 per ton, increasing by 39% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood charcoal import price increased by +103.9% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($2,339 per ton), while the price for Belarus ($543 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Charcoal Price in Lithuania (FOB) - 2022
The average wood charcoal export price stood at $1,108 per ton in 2022, increasing by 28% against the previous year. Overall, the export price, however, showed a noticeable shrinkage. Over the period under review, the average export prices attained the maximum at $1,628 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,191 per ton), while the average price for exports to Latvia ($417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Charcoal Imports in Lithuania
In 2022, supplies from abroad of wood charcoal decreased by -29.2% to 5.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of 7.2K tons, and then contracted markedly in the following year.
In value terms, wood charcoal imports reduced slightly to $4.4M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of $4.4M, and then shrank slightly in the following year.
| Import of Wood Charcoal in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 347 | 877 | 1,268 | 1,428 | 60.3% |
| Poland | 806 | 588 | 1,115 | 985 | 6.9% |
| Latvia | 405 | 332 | 316 | 578 | 12.6% |
| Indonesia | 250 | 64.2 | 89.3 | 336 | 10.4% |
| Russia | 515 | 636 | 1,058 | 235 | -23.0% |
| Brazil | N/A | N/A | N/A | 136 | 0% |
| Belarus | 707 | 651 | 416 | 134 | -42.6% |
| Finland | 270 | 33.0 | 29.8 | 1.3 | -83.1% |
| Others | 97.8 | 167 | 135 | 533 | 76.0% |
| Total | 3,398 | 3,348 | 4,427 | 4,367 | 8.7% |
Top Suppliers of Wood Charcoal to Lithuania in 2022:
- Ukraine (1602.0 tons)
- Poland (1351.4 tons)
- Latvia (518.8 tons)
- Russia (345.4 tons)
- Belarus (246.7 tons)
- Indonesia (143.6 tons)
- Brazil (81.1 tons)
- Finland (1.3 tons)
Wood Charcoal Exports in Lithuania
In 2022, shipments abroad of wood charcoal decreased by -51.3% to 1.3K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 3.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, wood charcoal exports declined rapidly to $1.4M in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. As a result, the exports reached the peak of $2.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Wood Charcoal in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 357 | 249 | 213 | 317 | -3.9% |
| Belarus | 90.2 | 135 | 110 | 176 | 25.0% |
| Poland | 9.5 | 29.4 | 51.1 | 175 | 164.1% |
| United Kingdom | 22.4 | 153 | 384 | 159 | 92.2% |
| Ireland | 90.2 | 209 | 251 | 114 | 8.1% |
| Estonia | 93.8 | 76.6 | 115 | 88.0 | -2.1% |
| Latvia | 353 | 41.2 | 98.9 | 56.6 | -45.7% |
| France | 1,050 | 1,853 | 948 | N/A | -5.0% |
| Others | 72.7 | 28.1 | 139 | 357 | 70.0% |
| Total | 2,138 | 2,775 | 2,309 | 1,443 | -12.3% |
Top Export Markets for Wood Charcoal from Lithuania in 2022:
- Poland (350.0 tons)
- United Kingdom (218.1 tons)
- Latvia (135.8 tons)
- Ireland (102.7 tons)
- Russia (99.4 tons)
- Estonia (93.2 tons)
- Belarus (77.5 tons)
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