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

Contents:

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

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

In 2022, the average export price for wood amounted to $20 per cubic meter, reducing by -5.7% against the previous year. Overall, export price indicated strong growth from 2017 to 2022: its price increased at an average annual rate of +14.1% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood increased by +93.5% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of 22% against the previous year. Over the period under review, the average export prices reached the peak figure at $21 per cubic meter in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2017 to 2022, the rate of growth in terms of prices for Japan amounted to +12.5% per year.

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

The average import price for wood stood at $33 per cubic meter in 2022, picking up by 160% against the previous year. In general, the import price showed a significant increase. Over the period under review, average import prices hit record highs at $35 per cubic meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($38 per cubic meter), while the price for Germany totaled $27 per cubic meter.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of wood decreased by -21.7% to 14K cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 99%. The exports peaked at 17K cubic meters in 2021, and then contracted dramatically in the following year.

In value terms, exports of wood reduced remarkably to $268K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 135% against the previous year. Over the period under review, the exports of hit record highs at $363K in 2021, and then shrank sharply in the following year.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan72.915828826854.3%
United StatesN/AN/A58.7N/A0%
Others0.714.715.8N/A375.1%
Total73.617336326853.8%

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

  1. Japan (13.6K cubic meters)

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

In 2022, imports of wood into New Zealand amounted to 2 cubic meters, almost unchanged from 2021. Over the period under review, imports showed a significant curtailment. The smallest decline of -33.3% was in 2021. Over the period under review, imports of hit record highs at 321 cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wood soared to $65 in 2022. Overall, imports showed a precipitous setback. Over the period under review, imports of reached the maximum at $10K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.5N/AN/AN/A0%
Australia5.1N/AN/AN/A0%
Germany1.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10.40.1N/A0.1-78.7%

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

  1. Australia (1.0 cubic meters)
  2. Germany (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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