Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia (FOB) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia (CIF) - 2022
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia (FOB) - 2022
In 2022, the average export price for wood amounted to $42 per cubic meter, surging by 13% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2021 when the average export price increased by 88%. The export price peaked at $59 per cubic meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($253 per cubic meter), while the average price for exports to Thailand ($19 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 South Korea (+34.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia (CIF) - 2022
The average import price for wood stood at $94 per cubic meter in 2022, declining by -23.9% against the previous year. Overall, the import price continues to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 137%. Over the period under review, average import prices reached the maximum at $611 per cubic meter in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($463 per cubic meter), while the price for Vietnam ($7.2 per cubic meter) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.2%), 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 Malaysia
In 2022, the amount of wood exported from Malaysia reduced to 3.2K cubic meters, which is down by -8.5% compared with the previous year's figure. Overall, exports faced a dramatic downturn. The exports peaked at 11K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wood reached $134K in 2022. In general, exports continue to indicate a dramatic descent. The exports peaked at $310K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 98.8 | 99.4 | 47.1 | 49.5 | -20.6% |
| South Korea | 4.6 | 2.3 | 27.3 | 28.6 | 83.9% |
| Singapore | 0.1 | 0.2 | 11.6 | 12.1 | 394.6% |
| China | 21.1 | 4.2 | N/A | N/A | -80.1% |
| France | 19.6 | N/A | N/A | N/A | 0% |
| Papua New Guinea | 7.9 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 26.7 | N/A | N/A | N/A | 0% |
| Yemen | 14.9 | N/A | N/A | N/A | 0% |
| Others | 116 | 32.8 | 43.8 | 44.1 | -27.6% |
| Total | 310 | 139 | 130 | 134 | -24.4% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Malaysia in 2022:
- Thailand (2658.0 cubic meters)
- South Korea (396.0 cubic meters)
- Singapore (48.0 cubic meters)
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia
After three years of growth, overseas purchases of wood decreased by -14.5% to 942 cubic meters in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. Over the period under review, imports of hit record highs at 1.1K cubic meters in 2021, and then shrank in the following year.
In value terms, imports of wood dropped remarkably to $88K in 2022. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 232% against the previous year. As a result, imports attained the peak of $136K, and then fell rapidly in the following year.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 44.3 | 27.7 | 93.3 | 59.7 | 10.5% |
| Germany | 5.8 | 6.1 | 19.7 | 12.6 | 29.5% |
| China | 2.9 | 0.4 | 17.9 | 11.5 | 58.3% |
| Indonesia | 2.2 | 2.4 | 2.6 | 2.8 | 8.4% |
| Vietnam | 2.4 | 0.7 | 2.2 | 1.7 | -10.9% |
| Sri Lanka | N/A | 3.4 | N/A | N/A | 0% |
| Others | 1.1 | 0.1 | 0.1 | N/A | -69.8% |
| Total | 58.7 | 40.8 | 136 | 88.2 | 14.5% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Malaysia in 2022:
- Indonesia (287.0 cubic meters)
- Vietnam (236.0 cubic meters)
- Germany (222.0 cubic meters)
- Australia (129.0 cubic meters)
- China (61.0 cubic meters)
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