Price for Prefabricated Buildings of Wood in Australia - 2023

Contents:

  1. Price for Prefabricated Buildings of Wood in Australia (CIF) - 2022
  2. Price for Prefabricated Buildings of Wood in Australia (FOB) - 2022
  3. Imports of Prefabricated Buildings of Wood in Australia
  4. Exports of Prefabricated Buildings of Wood in Australia

Price for Prefabricated Buildings of Wood in Australia (CIF) - 2022

The average prefabricated buildings of wood import price stood at $28,410 per unit in 2022, with an increase of 11% against the previous year. Over the last five years, it increased at an average annual rate of +5.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($28,410 per unit) and Estonia ($28,410 per unit), while the price for Italy ($28,410 per unit) and Lithuania ($28,410 per unit) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Prefabricated Buildings of Wood in Australia (FOB) - 2022

In 2022, the average prefabricated buildings of wood export price amounted to $27,285 per unit, surging by 11% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $33,390 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kiribati ($27,285 per unit) and New Zealand ($27,285 per unit), while the average price for exports to China ($27,285 per unit) and Fiji ($27,285 per unit) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+25.1%).

Imports of Prefabricated Buildings of Wood in Australia

For the fourth year in a row, Australia recorded growth in supplies from abroad of prefabricated buildings of wood, which increased by 54% to 578 units in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 65%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, prefabricated buildings of wood imports skyrocketed to $16M in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 99%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Prefabricated Buildings of Wood in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.11.93.55.267.8%
Finland0.10.22.14.0242.0%
Estonia0.50.60.61.750.4%
ItalyN/A0.30.11.3108.2%
Lithuania0.60.81.61.329.4%
Latvia0.20.20.60.751.8%
United States0.10.10.10.681.7%
Others1.60.71.11.72.0%
Total4.14.89.616.458.7%

Top Suppliers of Prefabricated Buildings of Wood to Australia in 2022:

  1. China (184.0 units)
  2. Finland (139.0 units)
  3. Estonia (59.0 units)
  4. Lithuania (47.0 units)
  5. Italy (46.0 units)
  6. Latvia (25.0 units)
  7. United States (20.0 units)

Exports of Prefabricated Buildings of Wood in Australia

In 2022, shipments abroad of prefabricated buildings of wood decreased by -81.3% to 23 units, falling for the second consecutive year after two years of growth. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 189%. As a result, the exports attained the peak of 133 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, prefabricated buildings of wood exports fell notably to $618K in 2022. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 190% against the previous year. The exports peaked at $3M in 2021, and then dropped notably in the following year.

Export of Prefabricated Buildings of Wood in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A3290%
New Zealand8102,5242,598213-35.9%
FijiN/AN/AN/A50.20%
KiribatiN/AN/AN/A14.60%
Cocos (Keeling) IslandsN/AN/A135N/A0%
Norfolk IslandN/A162N/AN/A0%
Others118N/A28510.6-55.2%
Total9282,6863,018618-12.7%

Top Export Markets for Prefabricated Buildings of Wood from Australia in 2022:

  1. China (12.0 units)
  2. New Zealand (8.0 units)
  3. Fiji (2.0 units)
  4. Kiribati (1.0 units)
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