In 2023, Ukraine commanded the European charcoal export market with a value of 5.71 thousand terajoules, followed by Germany at 1.07, and Croatia at 0.5445. Over the year, Ukraine experienced a robust growth of 3.75%, while Germany increased by 4.39%. Croatia saw a significant rise with a 15.97% increase. In contrast, Bosnia and Herzegovina, Latvia, and Serbia witnessed declines, with decreases of 2.9%, 4.21%, and 4.6%, respectively. Notably, Italy experienced the highest surge at 37.62%, albeit from a smaller base, indicating growing market penetration.
Future trends to watch for include potential shifts in supply chains due to geopolitical factors affecting Eastern Europe, technological advancements in charcoal production, and sustainability initiatives that may influence production processes and export volumes.
Top countries in Charcoal Exports by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 5,710 | 2023 | +4.24% | +3.75% | View data |
| 2 | 2 Germany | 1,070 | 2023 | +5.1% | +4.39% | View data |
| 3 | 3 Croatia | 544.5 | 2023 | +11.17% | +15.97% | View data |
| 4 | 4 Bosnia and Herzegovina | 505.9 | 2023 | -3.22% | -2.9% | View data |
| 5 | 5 Latvia | 377.83 | 2023 | +7.95% | -4.21% | View data |
| 6 | 6 Serbia | 294.85 | 2023 | +2.8% | -4.6% | View data |
| 7 | 7 Bulgaria | 94.18 | 2023 | +7.65% | +13.83% | View data |
| 8 | 8 Lithuania | 91.33 | 2023 | +2.83% | -3.82% | View data |
| 9 | 9 Norway | 78.21 | 2023 | +3.14% | -2.44% | View data |
| 10 | 10 Austria | 68.56 | 2023 | +6.4% | +3.44% | View data |
