Market research

Wood charcoal market in Hong Kong

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The wood charcoal market in Hong Kong contracted from 15 803 t in 2018 to 14 100 t in 2023, with notable fluctuations. Production declined steadily each year, falling from 12 045 t to 11 084 t, while imports showed volatility and exports rose sharply in 2023.

Market volume increased in 2020, coinciding with the COVID-19 pandemic, which boosted demand for charcoal for home barbecue use as people spent more time domestically. This temporary surge supported import levels that year, despite the ongoing decline in local production.

In the following years, market size stabilized around 14 000 t. A significant rise in exports in 2023, reaching 1 425 t, reduced domestic availability, though this was partially offset by higher imports. The broader Asia-Pacific trend of population growth and fuel switching did not reverse the overall contraction in Hong Kong's charcoal market during this period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hong Kong
  1. 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Hong Kong in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hong Kong, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hong Kong, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Hong Kong by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production wood charcoal in Hong Kong

In kind, 2017-2020, t

Top producers of wood charcoal, 2017-2020

Source: SHEV.io

World map of production of wood charcoal, 2017-2020

Source: SHEV.io

Hong Kong's wood charcoal production has declined for three consecutive years. In 2020, production reached 11 652 tonnes, showing a slight year-on-year decrease of 1.6%. Over the 2017-2020 period, production fell by 4.9%, with an average annual decline of 1.6%.

Annual dynamics of production in Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.6%)	(1.6%)	(1.6%)	(1.6%)

Source: SHEV.io

Exports wood charcoal from Hong Kong

Exports in kind, t

In 2020, wood charcoal exports from Hong Kong totalled 308 tonnes, representing a 4.7% increase compared to the previous year. Over the 2017-2020 period, exports grew by 2.4%, equivalent to an annualized rate of 0.8%. The lowest export volume was recorded in 2019 at 294 tonnes, which also saw the largest decline of 2.4%.

Annual dynamics of product's exports from Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.3%	(2.4%)	4.7%	0.8%

Source: SHEV.io

From 2017 to 2020, Macao remained the dominant export destination for wood charcoal in kind, accounting for 72.1% of total flows, while the remainder was fragmented across other markets.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

After two years of growth, Hong Kong's wood charcoal exports in value terms declined. In 2020, exports amounted to 166 thousand US dollars, marking a significant 39.3% decrease from the previous year. Over the 2017-2020 period, exports fell by 29%, with an average annual decline of 10.8%. The peak value was recorded in 2019 at 273 thousand US dollars, which also experienced the largest increase of 11.8%.

Annual dynamics of product's exports from Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.6%	11.8%	(39.3%)	(10.8%)

Source: SHEV.io

Throughout 2017-2020, Macao and Japan clearly dominated Hong Kong's wood charcoal exports in value terms, jointly accounting for 95.6% of total flows, while other countries held much smaller shares.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Hong Kong in value, 2017-2020

Source: SHEV.io

Imports wood charcoal to Hong Kong

Imports in kind, t

Hong Kong imported 4 243 tonnes of wood charcoal in 2020, reflecting a 19.8% year-on-year increase. Over the 2017-2020 period, imports rose by 18.4%, with an average annual growth rate of 5.8%. The lowest import volume was recorded in 2019 at 3 542 tonnes, which also saw the largest decline of 12.7%.

Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.3%	(12.7%)	19.8%	5.8%

Source: SHEV.io

From 2017 to 2020, Indonesia, Thailand, and Vietnam were the largest contributors to Hong Kong's wood charcoal imports in kind, with shares of 51.9%, 19.0%, and 10.2% respectively. Together, they accounted for 81.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Hong Kong's wood charcoal imports have increased for three consecutive years. In 2020, imports reached 2 947 thousand US dollars, showing a robust 17.1% year-on-year rise. Over the 2017-2020 period, imports surged by 80.2%, with an average annual growth rate of 21.7%.

Annual dynamics of product's imports to Hong Kong in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	40.0%	10.0%	17.1%	21.7%

Source: SHEV.io

In the 2017-2020 period, Indonesia, Japan, and Thailand formed the main cluster of markets for Hong Kong's wood charcoal imports in value terms, with shares of 39.6%, 25.1%, and 14.4% respectively. Together, they accounted for 79.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Hong Kong in value, 2017-2020

Source: SHEV.io