Indonesia’s Wood Charcoal Exports Surged 32% in 2014

Silviculture And Forestry Activities November 05, 2015
Author: Alexander Romanenko
Chief Executive Officer

Indonesia dominates in the global wood charcoal trade. In 2014, Indonesia exported 326 thousand tonnes of wood charcoal totaling 156 million USD, 32% over the previous year. Its primary trading partner was the Republic of Korea, where it supplied 19.2% of its total wood charcoal exports in value terms, accounting for 30.2% of the Republic of Korea total imports.

Overall, the global wood charcoal trade reached to 790 million USD, with a CAGR of 8.9% from 2007 to 2014. In physical terms, it showed decline, falling from 1,661 thousand tonnes in 2007 to 1,542 thousand tonnes in 2014.

In 2014, Japan (11.6%), Germany (9.9%), the Republic of Korea (9.3%), China (5.4%) and France (4.9%) were the leading destinations of wood charcoal imports, together making up 41.1% of global imports. The share of China increased (+4 percentage points), while the share of Japan illustrated negative dynamics (-2 percentage points).

Indonesia and China were among the other main global suppliers of wood charcoal in 2014 with a combined share of 31.1% of global exports. However, the fastest growing exporters from 2007 to 2014 were Thailand (+32.4% per year) and India (+24.3% per year). Indonesia significantly strengthened its position in the global export structure, from 11% in 2007 to 20% in 2014.

Source: World: Wood Charcoal - Market Report. Analysis And Forecast To 2020