Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia - 2022

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia (FOB) - 2022
  2. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia (CIF) - 2022
  3. Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia
  4. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia (FOB) - 2022

The average export price for wood stood at $7.5 per cubic meter in 2022, which is down by -9.5% against the previous year. Over the last five-year period, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2018 an increase of 32%. As a result, the export price attained the peak level of $8.3 per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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 Italy ($9 per cubic meter), while the average price for exports to Serbia ($2.8 per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia (CIF) - 2022

In 2022, the average import price for wood amounted to $5.1 per cubic meter, declining by -6.4% against the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2018 when the average import price increased by 15%. As a result, import price reached the peak level of $12 per cubic meter. From 2019 to 2022, the average import prices remained at a somewhat 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 Germany ($11 per cubic meter), while the price for Hungary ($2.7 per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+10.4%), 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 Croatia

Exports of wood from Croatia fell to 973K cubic meters in 2022, waning by -6% on 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, the exports reached the peak of 1M cubic meters, and then reduced in the following year.

In value terms, exports of wood shrank to $7.3M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of $8.5M, and then fell in the following year.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.52.85.44.117.9%
Austria3.11.81.61.9-15.1%
Slovenia1.10.90.80.8-10.1%
Bosnia and Herzegovina0.20.30.40.314.5%
Serbia0.20.20.20.20.0%
OthersN/A0.10.10.10.0%
Total7.26.08.57.30.5%

Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Croatia in 2022:

  1. Italy (451.4K cubic meters)
  2. Austria (239.2K cubic meters)
  3. Slovenia (181.8K cubic meters)
  4. Serbia (54.3K cubic meters)
  5. Bosnia and Herzegovina (44.0K cubic meters)

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia

In 2022, purchases abroad of wood decreased by -22.6% to 507K cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 261% against the previous year. As a result, imports reached the peak of 655K cubic meters, and then plummeted in the following year.

In value terms, imports of wood declined significantly to $2.6M in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 123% against the previous year. As a result, imports reached the peak of $3.6M, and then fell markedly in the following year.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia7665801,4861,09212.5%
Austria79.61921,153847119.9%
Germany291420394289-0.2%
Italy53.931935826369.6%
Hungary99.335.885.462.7-14.2%
Others41.168.212152.78.6%
Total1,3311,6153,5982,60625.1%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Croatia in 2022:

  1. Slovenia (246.3K cubic meters)
  2. Austria (173.7K cubic meters)
  3. Italy (33.8K cubic meters)
  4. Germany (25.7K cubic meters)
  5. Hungary (23.4K cubic meters)

Source: IndexBox Market Intelligence Platform

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