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

Contents:

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

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

The average import price for wood stood at $13.3 per cubic meter in December 2021, rising by 8.1% against the previous month. Overall, import price indicated a resilient expansion from January 2021 to December 2021: its price increased at an average monthly rate of +6.1% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, import price for wood increased by +57.8% against June 2021 indices. The growth pace was the most rapid in July 2021 an increase of 22% m-o-m. The import price peaked in December 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($20.0 per cubic meter), while the price for France ($3.8 per cubic meter) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), 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 Luxembourg (FOB) - 2022

The average export price for wood stood at $9.7 per cubic meter in December 2021, picking up by 4.4% against the previous month. Overall, export price indicated a tangible increase from January 2021 to December 2021: its price increased at an average monthly rate of +3.7% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, export price for wood decreased by -6.2% against October 2021 indices. The pace of growth was the most pronounced in October 2021 when the average export price increased by 41% against the previous month. As a result, the export price reached the peak level of $10.3 per cubic meter. From November 2021 to December 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was France ($25.0 per cubic meter), while the average price for exports to the Netherlands ($8.1 per cubic meter) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.2%), 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 Luxembourg

In 2022, purchases abroad of wood decreased by -9% to 751K cubic meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of 826K cubic meters, and then fell in the following year.

In value terms, imports of wood contracted to $6.8M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 39%. As a result, imports reached the peak of $8M, and then contracted in the following year.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.84.06.05.211.0%
Belgium1.91.71.81.6-5.6%
Others0.20.10.10.1-20.6%
Total6.05.78.06.84.3%

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

  1. Germany (670.1K cubic meters)
  2. Belgium (77.7K cubic meters)

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

In 2022, shipments abroad of wood was finally on the rise to reach 207K cubic meters after two years of decline. In general, exports, however, showed a noticeable descent. Over the period under review, the exports of reached the peak figure at 230K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wood rose slightly to $1.5M in 2022. Over the period under review, exports, however, continue to indicate a noticeable decrease. Over the period under review, the exports of attained the maximum at $1.6M 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium901818857830-2.7%
France705688558634-3.5%
Others24.164.726.242.120.4%
Total1,6301,5711,4411,506-2.6%

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

  1. France (158.4K cubic meters)
  2. Belgium (46.0K cubic meters)

Source: IndexBox Market Intelligence Platform

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