Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia (CIF) - 2022
In 2022, the average import price for wood amounted to $12 per cubic meter, declining by -13.6% against the previous year. In general, the import price, however, showed a significant expansion. The growth pace was the most rapid in 2021 when the average import price increased by 96%. As a result, import price attained the peak level of $14 per cubic meter, and then declined in the following year.
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 the Netherlands ($21 per cubic meter), while the price for Russia ($2 per cubic meter) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-2.7%), while the prices for the other major suppliers experienced a decline.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia (FOB) - 2022
The average export price for wood stood at $13 per cubic meter in 2022, declining by -22.7% against the previous year. Overall, the export price, however, recorded a temperate expansion. The growth pace was the most rapid in 2021 an increase of 65%. Over the period under review, the average export prices hit record highs at $18 per cubic meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($92 per cubic meter), while the average price for exports to Latvia ($8.6 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 Germany (+58.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia
Imports of wood into Estonia skyrocketed to 457K cubic meters in 2022, increasing by 97% on the previous year's figure. Overall, imports, however, faced a deep slump. Over the period under review, imports of attained the maximum at 1.1M cubic meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of wood soared to $5.4M in 2022. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 130%. As a result, imports reached the peak of $7.6M. 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 Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.3 | 0.6 | 2.5 | 4.3 | 142.9% |
| Latvia | 0.6 | 4.9 | 0.3 | 0.5 | -5.9% |
| Russia | 1.6 | 1.6 | 0.2 | 0.4 | -37.0% |
| Others | 0.8 | 0.5 | 0.1 | 0.1 | -50.0% |
| Total | 3.3 | 7.6 | 3.2 | 5.4 | 17.8% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Estonia in 2022:
- Netherlands (209.4K cubic meters)
- Russia (205.6K cubic meters)
- Latvia (38.8K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia
In 2022, shipments abroad of wood increased by 126% to 81K cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp downturn. The exports peaked at 278K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wood surged to $1.1M in 2022. In general, exports, however, showed a precipitous curtailment. The exports peaked at $2.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 49.6 | 290 | 187 | 635 | 133.9% |
| Germany | 110 | 193 | 71.5 | 243 | 30.2% |
| Canada | 69.6 | 55.7 | 28.9 | 98.2 | 12.2% |
| Netherlands | 66.2 | 66.4 | 22.9 | 77.7 | 5.5% |
| Norway | 1,220 | 17.2 | N/A | N/A | -98.6% |
| Belgium | N/A | N/A | 258 | N/A | 0% |
| Sweden | 811 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | 766 | N/A | N/A | 0% |
| Others | 125 | 122 | 38.1 | 4.7 | -66.5% |
| Total | 2,452 | 1,510 | 606 | 1,058 | -24.4% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Estonia in 2022:
- Latvia (74.2K cubic meters)
- Germany (2.6K cubic meters)
- Canada (2.0K cubic meters)
- Netherlands (1.7K cubic meters)
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