Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam - 2022

Contents:

1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam (CIF) - 2022
2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam (FOB) - 2022
3. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam
4. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam (CIF) - 2022

The average import price for railway or tramway sleepers (cross-ties) of wood stood at $467 per cubic meter in 2022, growing by 38% against the previous year. In general, the import price showed mild growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 48%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($625 per cubic meter), while the price for China stood at $463 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam (FOB) - 2022

The average export price for railway or tramway sleepers (cross-ties) of wood stood at $2 per cubic meter in 2022, leveling off at the previous year. Overall, the export price faced a sharp downturn. The most prominent rate of growth was recorded in 2014 an increase of 0.7% against the previous year. The export price peaked at $680 per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cambodia.

From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to -35.9% per year.

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam

In 2022, supplies from abroad of railway or tramway sleepers (cross-ties) of wood was finally on the rise to reach 296 cubic meters after two years of decline. Over the period under review, imports, however, faced a abrupt descent. Over the period under review, imports of reached the peak figure at 465 cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood soared to $138K in 2022. Overall, imports, however, saw a mild curtailment. Imports peaked at $144K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Vietnam in 2022:

1. China (289.0 cubic meters)
2. Malaysia (7.0 cubic meters)

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Vietnam

In 2022, overseas shipments of railway or tramway sleepers (cross-ties) of wood decreased by 0% to 1 cubic meters, falling for the second year in a row after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. As a result, the exports attained the peak of 2 cubic meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood totaled $2 in 2022. Overall, exports faced a precipitous decrease. The smallest decline of -95.9% was in 2020. The exports peaked at $121 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from Vietnam in 2022:

1. Cambodia (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform