Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia (FOB) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia (CIF) - 2022
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia (FOB) - 2022
In 2022, the average export price for wood amounted to $159 per cubic meter, surging by 96% against the previous year. In general, the export price, however, faced a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices attained the peak figure at $915 per cubic meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($517 per cubic meter), while the average price for exports to New Zealand totaled $37 per cubic meter.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+79.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia (CIF) - 2022
The average import price for wood stood at $61 per cubic meter in 2022, jumping by 17% against the previous year. In general, import price indicated a tangible expansion from 2017 to 2022: its price increased at an average annual rate of +3.3% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood decreased by -30.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 68%. As a result, import price reached the peak level of $87 per cubic meter. From 2019 to 2022, the average 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 France ($102 per cubic meter), while the price for Germany ($35 per cubic meter) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+55.5%), while the prices for the other major suppliers experienced a decline.
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia
In 2022, after three years of growth, there was significant decline in shipments abroad of wood, when their volume decreased by -58% to 21K cubic meters. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 596% against the previous year. As a result, the exports reached the peak of 50K cubic meters, and then dropped notably in the following year.
In value terms, exports of wood declined significantly to $3.3M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports attained the peak of $4.1M, and then declined notably in the following year.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 11.2 | 1.7 | 2.3 | 2,761 | 527.0% |
| New Zealand | 2.4 | 0.8 | 0.1 | 586 | 525.0% |
| Thailand | N/A | 2,507 | 3,492 | N/A | 39.3% |
| Malaysia | 146 | N/A | 556 | N/A | 95.1% |
| Canada | N/A | 57.0 | N/A | N/A | 0% |
| Others | 2,637 | 67.5 | 7.0 | N/A | -94.8% |
| Total | 2,797 | 2,634 | 4,058 | 3,346 | 6.2% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Australia in 2022:
- New Zealand (15.8K cubic meters)
- Maldives (5.3K cubic meters)
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia
In 2022, the amount of wood imported into Australia surged to 3.1K cubic meters, jumping by 23% compared with the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 148% against the previous year. As a result, imports attained the peak of 3.7K cubic meters. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wood surged to $192K in 2022. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2020 with an increase of 116%. As a result, imports attained the peak of $250K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.8 | 103 | 80.5 | 118 | 81.3% |
| Germany | 78.4 | 127 | 40.6 | 59.5 | -8.8% |
| France | 14.8 | 18.1 | 10.1 | 14.8 | 0.0% |
| Others | 2.6 | 1.9 | 2.5 | N/A | -1.9% |
| Total | 116 | 250 | 134 | 192 | 18.3% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Australia in 2022:
- Germany (1695.0 cubic meters)
- China (1296.0 cubic meters)
- France (144.0 cubic meters)
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