Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR - 2023
Contents:
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR (CIF) - 2022
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR (FOB) - 2022
- Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR
- Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $2,048 per ton, waning by -2.6% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. Over the period under review, average import prices attained the peak figure at $3,419 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6,199 per ton), while the price for China ($1,429 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $6,555 per ton, waning by -4.3% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood; assembled flooring panels, other than multilayer or mosaic decreased by -10.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 71% against the previous year. As a result, the export price attained the peak level of $7,350 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($13,527 per ton), while the average price for exports to China ($3,769 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 the United States (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of wood; assembled flooring panels, other than multilayer or mosaic, when their volume decreased by -38.9% to 1.9K tons. In general, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year.
In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic dropped sharply to $3.9M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year.
| Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,110 | 3,253 | 3,533 | 2,050 | -13.0% |
| Italy | 510 | 234 | 978 | 568 | 3.7% |
| Denmark | 315 | 1,675 | 516 | 478 | 14.9% |
| Germany | 236 | 16.2 | 462 | 268 | 4.3% |
| Taiwan (Chinese) | 405 | 181 | 360 | 209 | -19.8% |
| Spain | 110 | 138 | 72.8 | 61.0 | -17.8% |
| Others | 860 | 833 | 705 | 311 | -28.8% |
| Total | 5,546 | 6,331 | 6,628 | 3,945 | -10.7% |
Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Hong Kong SAR in 2022:
- China (1434.9 tons)
- Denmark (172.8 tons)
- Germany (96.5 tons)
- Italy (91.6 tons)
- Taiwan (Chinese) (44.6 tons)
- Spain (31.9 tons)
Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR
In 2022, the amount of wood; assembled flooring panels, other than multilayer or mosaic exported from Hong Kong SAR plummeted to 9.2 tons, shrinking by -86.4% on the year before. Over the period under review, exports faced a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year.
In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic plummeted to $60K in 2022. In general, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year.
| Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 112 | 86.4 | 242 | 26.9 | -37.8% |
| China | 232 | 86.3 | 90.0 | 12.7 | -62.0% |
| United States | 66.0 | 16.9 | 70.4 | 7.8 | -50.9% |
| South Korea | 123 | 92.9 | 29.3 | 7.4 | -60.8% |
| Taiwan (Chinese) | 54.4 | 26.0 | 3.4 | 2.5 | -64.2% |
| Australia | 19.3 | 7.0 | 19.9 | 2.2 | -51.5% |
| Singapore | 26.4 | 1.7 | 1.7 | 0.9 | -67.6% |
| Vietnam | 39.6 | N/A | N/A | N/A | 0% |
| Others | 13.5 | N/A | 9.4 | N/A | -16.6% |
| Total | 685 | 317 | 466 | 60.5 | -55.5% |
Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Hong Kong SAR in 2022:
- Macao SAR (3.8 tons)
- China (3.4 tons)
- South Korea (0.7 tons)
- United States (0.6 tons)
- Taiwan (Chinese) (0.4 tons)
- Australia (0.2 tons)
- Singapore (0.2 tons)
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