Charcoal Price Trends in Canada 2020–2026: Market Insights for Importers

Introduction

Canada’s charcoal market has undergone notable price fluctuations between 2020 and 2026, driven by shifts in global supply chains, rising logistics costs, and changes in consumer demand. As the market stabilizes post-pandemic and outdoor activities continue to grow, briquette charcoal remains a high-demand product for both restaurants and retail distributors across Canada.

Historical Price Movements (2020–2022)

The early 2020s witnessed substantial disruptions as shipping container shortages and global port congestion pushed charcoal prices to multi-year highs. Importers in Canada faced:

• Higher freight rates
• Delayed delivery schedules
• Increased competition for reliable suppliers

Despite these challenges, Vietnamese briquette charcoal gained traction due to stable production capacity and consistent quality, helping importers maintain predictable pricing.

Normalization and Stabilization (2023–2024)

By 2023, freight rates began returning to pre-pandemic levels, reducing overall landed costs for Canadian buyers. Briquette charcoal prices stabilized as:

• Shipping routes improved
• Inventory planning became more reliable
• Demand from restaurants returned to full capacity

Vietnam continued to offer some of the most competitive FOB prices in Asia, strengthening its position in the Canadian supply chain.

Current Price Situation (2025)

In 2025, prices remain relatively stable, influenced by:

• Steady consumer demand for BBQ and grilling
• Improved supply chain coordination
• Increased capacity from leading Vietnamese manufacturers

Restaurant-grade charcoal shows stronger price stability than retail-grade, mainly due to long-term contracts and predictable ordering cycles from foodservice buyers.

Forecast for 2026

Looking forward, Canada’s charcoal market is expected to continue experiencing modest but stable growth. Key factors shaping 2026 pricing include:

• Expanding outdoor and BBQ culture across Canadian provinces
• Growth of Korean BBQ, Asian fusion and charcoal-grill restaurants
• Retailers increasing inventory to avoid seasonal shortages
• Competitive FOB pricing from Vietnamese factories

With demand rising steadily and supply chains improving, importers can expect pricing to stay within a consistent range through 2026, making Vietnamese briquette charcoal a reliable sourcing option.

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