Chipped Non-Coniferous Wood Price in Bangladesh - 2022
Contents:
- Chipped Non-Coniferous Wood Price in Bangladesh (FOB) - 2022
- Chipped Non-Coniferous Wood Exports in Bangladesh
Chipped Non-Coniferous Wood Price in Bangladesh (FOB) - 2022
The average chipped non-coniferous wood export price stood at $359 per cubic meter in 2022, with a decrease of -9.3% against the previous year. Over the period under review, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 81%. Over the period under review, the average export prices hit record highs at $564 per cubic meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.3% per year.
Chipped Non-Coniferous Wood Exports in Bangladesh
Chipped non-coniferous wood exports from Bangladesh shrank markedly to 100 cubic meters in 2022, with a decrease of -28.6% against the year before. Overall, exports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 133% against the previous year. As a result, the exports reached the peak of 140 cubic meters, and then declined dramatically in the following year.
In value terms, chipped non-coniferous wood exports shrank sharply to $36K in 2022. In general, exports, however, posted strong growth. The growth pace was the most rapid in 2021 when exports increased by 238% against the previous year. As a result, the exports reached the peak of $55K, and then fell dramatically in the following year.
Export of Chipped Non-Coniferous Wood in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 23.1 | 16.4 | 55.3 | 22.0 | -1.6% |
Others | N/A | N/A | N/A | 13.9 | 0% |
Total | 23.1 | 16.4 | 55.3 | 35.9 | 15.8% |
Top Export Markets for Chipped Non-Coniferous Wood from Bangladesh in 2022:
- United Arab Emirates (100.0 cubic meters)
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