Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States (CIF) - 2022
In 2022, the average import price for wood amounted to $48 per cubic meter, with a decrease of -6.9% against the previous year. In general, import price indicated a buoyant increase from 2018 to 2022: its price increased at an average annual rate of +10.7% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood increased by +50.1% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30%. Over the period under review, average import prices hit record highs at $51 per cubic meter in 2021, and then fell in the following year.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2018 to 2022, the rate of growth in terms of prices for Canada amounted to +10.5% per year.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States (FOB) - 2022
The average export price for wood stood at $726 per cubic meter in 2022, shrinking by -87.9% against the previous year. In general, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,017%. As a result, the export price attained the peak level of $5,982 per cubic meter, and then fell notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($3,444 per cubic meter), while the average price for exports to Barbados ($252 per cubic meter) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+277.3%), 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 the United States
In 2022, imports of wood into the United States fell slightly to 426K cubic meters, with a decrease of -2.2% on the year before. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 4.6%. Imports peaked at 500K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of wood dropped to $20M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of $22M, and then fell in the following year.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.7 | 17.7 | 21.1 | 20.0 | 6.2% |
| Others | 0.2 | 0.6 | 1.2 | 0.4 | 26.0% |
| Total | 16.9 | 18.3 | 22.3 | 20.3 | 6.3% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to the United States in 2022:
- Canada (425.4K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the United States
In 2022, overseas shipments of wood increased by 652% to 12K cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous descent. The exports peaked at 68K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wood contracted to $9M in 2022. Overall, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, the exports of attained the peak figure at $12M 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 0.1 | 0.1 | 0.1 | 4.3 | 250.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | 3.4 | 0% |
| Barbados | N/A | N/A | N/A | 1.3 | 0% |
| France | 9.2 | 6.6 | 6.0 | N/A | -19.2% |
| Canada | 1.9 | 1.3 | 2.3 | N/A | 10.0% |
| Others | 0.7 | 0.2 | 1.5 | N/A | 46.4% |
| Total | 12.0 | 8.2 | 9.9 | 9.0 | -9.1% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from the United States in 2022:
- Taiwan (Chinese) (5.9K cubic meters)
- Barbados (5.3K cubic meters)
- Argentina (1.2K cubic meters)
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