Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan (CIF) - 2022
In 2022, the average import price for wood amounted to $81 per cubic meter, picking up by 29% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood increased by +86.7% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($78 per cubic meter), while the price for Indonesia totaled $64 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.8%).
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan (FOB) - 2022
In 2022, the average export price for wood amounted to $36 per cubic meter, jumping by 54% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +0.8% per year.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan
In 2022, purchases abroad of wood decreased by -21.8% to 5K cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 387% against the previous year. Over the period under review, imports of hit record highs at 6.3K cubic meters in 2021, and then dropped notably in the following year.
In value terms, imports of wood stood at $403K in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 267% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 29.0 | 222 | 344 | 350 | 129.4% |
| Indonesia | 7.7 | 15.8 | 28.1 | 28.7 | 55.0% |
| China | 26.6 | 13.9 | 1.2 | N/A | -78.8% |
| Others | 10.9 | 21.1 | 28.6 | 24.6 | 31.2% |
| Total | 74.3 | 273 | 401 | 403 | 75.7% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Pakistan in 2022:
- Vietnam (4.5K cubic meters)
- Indonesia (0.4K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan
Exports of wood from Pakistan soared to 2.5K cubic meters in 2022, rising by 1,037% against the year before. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wood skyrocketed to $88K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.5 | 1.4 | 5.0 | 87.6 | 227.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.5 | 1.4 | 5.0 | 87.6 | 227.2% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Pakistan in 2022:
- United Arab Emirates (2.5K cubic meters)
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