Market research

Wood charcoal market in Macao

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The wood charcoal market in Macao reached its peak at 2,177 tons in 2019, largely fueled by a surge in imports. This growth was abruptly reversed in 2020 when the COVID-19 pandemic disrupted global trade and local economic activity, causing the market volume to contract by over 19% to 1,746 tons.

Following the initial shock, the market showed only a partial recovery, edging up to 1,787 tons in 2021 before resuming a downward trajectory to 1,707 tons in 2022 and 1,690 tons in 2023. This gradual decline coincided with a steady drop in domestic charcoal production, which fell every year from 1,124 tons to 1,038 tons, making import volatility the key factor for overall market size.

Preliminary data for 2024 indicates charcoal imports rose to 707 tons, continuing the pattern of reliance on external supply to meet local demand.

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 Macao
  1. 5.1.1. Annual dynamics of production in Macao in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Macao 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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Macao in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Macao by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Macao in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Macao by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Macao, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Macao by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Macao in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Macao by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Macao in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Macao by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Macao, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Macao by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production wood charcoal in Macao

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

Macao's wood charcoal production has been declining for three consecutive years. In 2020, production reached 1 089 tonnes, marking a 1.5% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 4.6%, which translates to an average annual decline of 1.6%.

Annual dynamics of production in Macao in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.6%)	(1.6%)	(1.5%)	(1.6%)

Source: SHEV.io

Exports wood charcoal from Macao

Market research shows that Macao did not export any wood charcoal between 2017 and 2020.

Imports wood charcoal to Macao

Imports in kind, t

In 2020, Macao imported 657 tonnes of wood charcoal, representing a 38.6% drop compared to the previous year. Over the period from 2017 to 2020, imports decreased by 32%, averaging an annual decline of 12.1%. The highest import volume was recorded in 2019 at 1 071 tonnes, which also saw the largest year-on-year increase of 21.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.5%)	21.0%	(38.6%)	(12.1%)

Source: SHEV.io

From 2017 to 2020, three key markets—China, Thailand, and Indonesia—accounted for 96.0% of Macao's total wood charcoal imports by volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, Macao imported wood charcoal valued at {value_last_year} thousand US dollars, down 27.6% year-on-year. Between 2017 and 2020, import value fell by 26.9%, with an average annual decrease of 9.9%. The peak value was in 2019 at 575.6 thousand US dollars, which also experienced the largest increase of 7.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.7%)	7.1%	(27.6%)	(9.9%)

Source: SHEV.io

During 2017–2020, China, Thailand, and Indonesia were the primary sources for Macao's wood charcoal imports by value, contributing 45.7%, 31.2%, and 18.3% respectively. Together, these three markets made up 95.1% of the total import value.

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

Source: SHEV.io

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

Source: SHEV.io