Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR - 2022
Contents:
- Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR (FOB) - 2022
- Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR (CIF) - 2022
- Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR
- Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR
Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR (FOB) - 2022
The average export price for wood; assembled flooring panels, multilayer, other than mosaic stood at $2,638 per ton in 2022, approximately mirroring the previous year. Overall, the export price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 1.8%. The export price peaked at $3,172 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($3,801 per ton), while the average price for exports to Norway ($707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-0.7%), while the prices for the other major destinations experienced a decline.
Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR (CIF) - 2022
The average import price for wood; assembled flooring panels, multilayer, other than mosaic stood at $5,303 per ton in 2022, with a decrease of -5.2% against the previous year. Overall, the import price, however, posted a strong expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 47%. Over the period under review, average import prices hit record highs at $5,594 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($18,546 per ton), while the price for the United States ($1,900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR
After three years of growth, shipments abroad of wood; assembled flooring panels, multilayer, other than mosaic decreased by -6.6% to 1.4K tons in 2022. The total export volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 15%. As a result, the exports attained the peak of 1.5K tons, and then reduced in the following year.
In value terms, exports of wood; assembled flooring panels, multilayer, other than mosaic shrank to $3.8M in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%.
| Export of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 1,989 | 2,318 | 2,691 | 2,464 | 7.4% |
| Ireland | 458 | 585 | 744 | 747 | 17.7% |
| Spain | 98.7 | 105 | 111 | 92.1 | -2.3% |
| Norway | 62.0 | 62.8 | 63.4 | 50.4 | -6.7% |
| Sweden | 56.4 | 50.4 | 44.9 | 31.6 | -17.6% |
| Others | 322 | 377 | 443 | 412 | 8.6% |
| Total | 2,987 | 3,498 | 4,097 | 3,797 | 8.3% |
Top Export Markets for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic from Hong Kong SAR in 2022:
- Israel (648.4 tons)
- Ireland (578.3 tons)
- Norway (71.3 tons)
- Spain (39.4 tons)
- Sweden (24.4 tons)
Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR
For the fourth year in a row, Hong Kong SAR recorded growth in purchases abroad of wood; assembled flooring panels, multilayer, other than mosaic, which increased by 0.8% to 419 tons in 2022. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 2% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of wood; assembled flooring panels, multilayer, other than mosaic reduced slightly to $2.2M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 9.8% against the previous year. As a result, imports reached the peak of $2.3M, and then declined modestly in the following year.
| Import of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 269 | 296 | 321 | 299 | 3.6% |
| United States | 155 | 197 | 248 | 268 | 20.0% |
| Germany | 327 | 317 | 303 | 249 | -8.7% |
| Malaysia | 138 | 176 | 222 | 240 | 20.3% |
| Austria | 260 | 255 | 246 | 204 | -7.8% |
| China | 102 | 121 | 140 | 139 | 10.9% |
| Netherlands | 111 | 101 | 91.2 | 70.6 | -14.0% |
| Others | 567 | 654 | 753 | 751 | 9.8% |
| Total | 1,929 | 2,118 | 2,325 | 2,221 | 4.8% |
Top Suppliers of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic to Hong Kong SAR in 2022:
- United States (141.3 tons)
- Malaysia (87.8 tons)
- Poland (79.0 tons)
- China (31.0 tons)
- Netherlands (22.7 tons)
- Germany (14.3 tons)
- Austria (14.2 tons)
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