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

Contents:

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

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

The average import price for wood stood at $38 per cubic meter in 2022, waning by -4.9% against the previous year. Over the last five-year period, it increased at an average annual rate of +6.2%. The pace of growth was the most pronounced in 2019 when the average import price increased by 37%. The import price peaked at $40 per cubic meter in 2021, and then dropped 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 Italy ($60 per cubic meter), while the price for Romania ($6.5 per cubic meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wood stood at $19 per cubic meter in 2022, rising by 17% against the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2020 when the average export price increased by 82%. As a result, the export price reached the peak level of $23 per cubic meter. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($19 per cubic meter), while the average price for exports to Italy amounted to $19 per cubic meter.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+23.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of wood decreased by -5.6% to 87K cubic meters in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. Over the period under review, imports of attained the peak figure at 92K cubic meters in 2021, and then reduced in the following year.

In value terms, imports of wood reduced to $3.3M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, imports of reached the maximum at $3.7M in 2021, and then dropped in the following year.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1,0641,1225781,0930.9%
Germany5247141,1711,05226.2%
Netherlands22658466359638.2%
Italy20830629430013.0%
Belgium89.114223821433.9%
Romania10.30.262.656.376.2%
BulgariaN/A70.874.2N/A4.8%
PortugalN/AN/A556N/A0%
Others99.519.580.826.8-35.4%
Total2,2202,9573,7183,33814.6%

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

  1. Germany (28.8K cubic meters)
  2. Denmark (24.8K cubic meters)
  3. Netherlands (14.5K cubic meters)
  4. Romania (8.6K cubic meters)
  5. Italy (5.0K cubic meters)
  6. Belgium (4.8K cubic meters)

Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Greece

In 2022, overseas shipments of wood decreased by -9.8% to 18K cubic meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of 20K cubic meters, and then declined in the following year.

In value terms, exports of wood expanded sharply to $351K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 106% against the previous year. As a result, the exports attained the peak of $370K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy92.090.910317624.1%
Netherlands39.425749.217564.4%
Bulgaria11.7N/AN/AN/A0%
North Macedonia5.35.4N/AN/A1.9%
PolandN/AN/A171N/A0%
Denmark31.3N/AN/AN/A0%
OthersN/A16.310.30.3-86.4%
Total18037033335124.9%

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

  1. Italy (9.3K cubic meters)
  2. Netherlands (9.0K cubic meters)

Source: IndexBox Market Intelligence Platform

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