Price for Prefabricated Buildings of Wood in India - 2023
Contents:
- Price for Prefabricated Buildings of Wood in India (FOB) - 2022
- Price for Prefabricated Buildings of Wood in India (CIF) - 2022
- Exports of Prefabricated Buildings of Wood in India
- Imports of Prefabricated Buildings of Wood in India
Price for Prefabricated Buildings of Wood in India (FOB) - 2022
In 2022, the average prefabricated buildings of wood export price amounted to $27,285 per unit, growing by 12% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +7.8%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 26%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($27,285 per unit) and Ghana ($27,285 per unit), while the average price for exports to Canada ($27,285 per unit) and Qatar ($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 the United Arab Emirates (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Prefabricated Buildings of Wood in India (CIF) - 2022
In 2022, the average prefabricated buildings of wood import price amounted to $28,410 per unit, growing by 15% against the previous year. Over the last five years, it increased at an average annual rate of +6.7%. The pace of growth was the most pronounced in 2021 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($28,410 per unit) and Finland ($28,410 per unit), while the price for Spain ($28,410 per unit) and China ($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 the United Arab Emirates (+60.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Prefabricated Buildings of Wood in India
In 2022, overseas shipments of prefabricated buildings of wood were finally on the rise to reach 416 units after two years of decline. Overall, exports, however, saw a deep setback. The exports peaked at 488 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, prefabricated buildings of wood exports surged to $11M in 2022. In general, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Prefabricated Buildings of Wood in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | 1,186 | 363 | 649 | 3,042 | 36.9% |
United States | 1,634 | 2,442 | 1,096 | 2,204 | 10.5% |
Algeria | 1,062 | 482 | 3.0 | 1,797 | 19.2% |
Nepal | 4,115 | 1,333 | 1,641 | 1,175 | -34.1% |
Canada | N/A | N/A | 0.1 | 501 | 500900.0% |
Maldives | 129 | 290 | 4.1 | 449 | 51.5% |
Ghana | 86.1 | 63.0 | 135 | 373 | 63.0% |
Saudi Arabia | 47.6 | N/A | 225 | 201 | 61.6% |
Ethiopia | 81.4 | 388 | 1,107 | 180 | 30.3% |
Qatar | 95.2 | N/A | N/A | 179 | 23.4% |
Others | 1,397 | 1,832 | 1,198 | 1,259 | -3.4% |
Total | 9,834 | 7,194 | 6,058 | 11,360 | 4.9% |
Top Export Markets for Prefabricated Buildings of Wood from India in 2022:
- Bangladesh (111.0 units)
- United States (81.0 units)
- Algeria (66.0 units)
- Nepal (43.0 units)
- Canada (18.0 units)
- Maldives (16.0 units)
- Ghana (14.0 units)
- Saudi Arabia (7.0 units)
- Qatar (7.0 units)
- Ethiopia (7.0 units)
Imports of Prefabricated Buildings of Wood in India
For the third consecutive year, India recorded decline in purchases abroad of prefabricated buildings of wood, which decreased by -23.5% to 13 units in 2022. Overall, imports showed a dramatic slump. Over the period under review, imports hit record highs at 140 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, prefabricated buildings of wood imports contracted to $366K in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage. Imports peaked at $3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Prefabricated Buildings of Wood in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 855 | 297 | 170 | 56.7 | -59.5% |
United Arab Emirates | 10.5 | 7.8 | N/A | 51.7 | 70.1% |
Indonesia | 368 | 95.5 | 32.5 | 47.3 | -49.5% |
United States | 115 | 68.3 | N/A | 42.6 | -28.2% |
Vietnam | 0.5 | N/A | N/A | 40.9 | 334.1% |
United Kingdom | 38.8 | N/A | N/A | 40.4 | 1.4% |
Finland | 219 | 86.9 | N/A | 38.4 | -44.0% |
Spain | N/A | N/A | N/A | 20.4 | 0% |
Germany | 93.0 | 6.4 | N/A | 15.5 | -45.0% |
Russia | 250 | N/A | 124 | N/A | -29.6% |
Kuwait | N/A | 294 | N/A | N/A | 0% |
Latvia | 212 | 67.8 | N/A | N/A | -68.0% |
Italy | 684 | 23.2 | N/A | N/A | -96.6% |
Others | 166 | 572 | 93.1 | 12.0 | -58.3% |
Total | 3,012 | 1,519 | 419 | 366 | -50.5% |
Top Suppliers of Prefabricated Buildings of Wood to India in 2022:
- United Arab Emirates (2.0 units)
- Indonesia (2.0 units)
- China (2.0 units)
- United States (1.0 units)
- Finland (1.0 units)
- United Kingdom (1.0 units)
- Vietnam (1.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
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