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

Contents:

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

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

In 2022, the average import price for wood amounted to $15 per cubic meter, falling by -2.1% against the previous year. Overall, the import price, however, posted a tangible increase. The most prominent rate of growth was recorded in 2020 an increase of 89%. As a result, import price reached the peak level of $21 per cubic meter. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($59 per cubic meter), while the price for Switzerland ($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 Croatia (+10.9%), 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 Italy (FOB) - 2022

The average export price for wood stood at $14 per cubic meter in 2022, shrinking by -62.7% against the previous year. In general, the export price continues to indicate a sharp decline. The growth pace was the most rapid in 2019 when the average export price increased by 73%. Over the period under review, the average export prices attained the peak figure at $113 per cubic meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($14 per cubic meter), while the average price for exports to Georgia stood at $12 per cubic meter.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+99.6%), 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 Italy

In 2022, approx. 1.7M cubic meters of wood were imported into Italy; growing by 1.8% on 2021 figures. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of wood dropped to $26M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. Over the period under review, imports of attained the maximum at $26M in 2021, and then shrank in the following year.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria8.413.412.011.711.7%
Germany2.03.84.14.127.0%
Slovenia3.23.63.03.53.0%
Croatia1.52.13.43.431.4%
Switzerland0.40.20.70.720.5%
Spain0.50.30.10.4-7.2%
Others1.12.12.42.022.1%
Total17.125.525.725.614.4%

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

  1. Austria (781.9K cubic meters)
  2. Switzerland (350.0K cubic meters)
  3. Slovenia (221.8K cubic meters)
  4. Croatia (217.4K cubic meters)
  5. Germany (68.8K cubic meters)
  6. Spain (24.9K cubic meters)

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

For the fourth consecutive year, Italy recorded growth in shipments abroad of wood, which increased by 168% to 95K cubic meters in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of wood declined to $1.3M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. The exports peaked at $1.3M in 2021, and then contracted modestly in the following year.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/AN/A22.81,2605426.3%
GeorgiaN/AN/A0.623.03733.3%
Hungary6.63.2229N/A489.0%
Slovakia61.9308223N/A89.8%
Netherlands0.7458156N/A1392.8%
Austria285248190N/A-18.4%
Slovenia15.05.8183N/A249.3%
Romania37.722.98.5N/A-52.5%
Others42126230026.2-60.4%
Total8281,3071,3121,31016.5%

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

  1. Uzbekistan (92.3K cubic meters)
  2. Georgia (1.9K cubic meters)

Source: IndexBox Market Intelligence Platform

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