Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada (FOB) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada (CIF) - 2022
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada (FOB) - 2022
The average export price for wood stood at $37.3 per cubic meter in November 2021, approximately equating the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2021 when the average export price increased by 7.6% against the previous month. As a result, the export price reached the peak level of $39.1 per cubic meter. From June 2021 to November 2021, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2021 to November 2021, the rate of growth in terms of prices for the United States amounted to -0.3% per month.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada (CIF) - 2022
The average import price for wood stood at $5.6 per cubic meter in November 2021, with an increase of 17% against the previous month. Over the period under review, the import price posted prominent growth. The most prominent rate of growth was recorded in April 2021 an increase of 348% m-o-m. As a result, import price reached the peak level of $18.0 per cubic meter. From May 2021 to November 2021, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From January 2021 to November 2021, the rate of growth in terms of prices for the United States amounted to +7.6% per month.
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada
In 2022, after three years of growth, there was significant decline in shipments abroad of wood, when their volume decreased by -5.3% to 575K cubic meters. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. As a result, the exports attained the peak of 607K cubic meters, and then reduced in the following year.
In value terms, exports of wood declined to $21M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. As a result, the exports reached the peak of $23M, and then fell in the following year.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Barbados | N/A | N/A | N/A | 20.7 | 0% |
| France | N/A | N/A | 5.3 | N/A | 0% |
| United States | 16.4 | 18.4 | 17.5 | N/A | 3.3% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 16.5 | 18.5 | 23.0 | 20.7 | 7.9% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Canada in 2022:
- Barbados (575.2K cubic meters)
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada
In 2022, after three years of growth, there was decline in overseas purchases of wood, when their volume decreased by -1.9% to 2.2M cubic meters. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 7.9%. Over the period under review, imports of hit record highs at 2.2M cubic meters in 2021, and then declined in the following year.
In value terms, imports of wood contracted to $8M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports attained the peak of $9.3M, and then contracted in the following year.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.7 | 6.6 | 9.2 | 7.9 | 5.6% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 6.7 | 6.7 | 9.3 | 8.0 | 6.1% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Canada in 2022:
- United States (2.2M cubic meters)
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