Price for Wood; Posts and Beams in Australia - 2021

Contents:

  1. Price for Wood; Posts and Beams in Australia (CIF) - 2022
  2. Price for Wood; Posts and Beams in Australia (FOB) - 2022
  3. Imports of Wood; Posts and Beams in Australia
  4. Exports of Wood; Posts and Beams in Australia

Price for Wood; Posts and Beams in Australia (CIF) - 2022

In 2022, the average wood; posts and beams import price amounted to $1,291 per ton, waning by -9.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2021 an increase of 33%. As a result, import price attained the peak level of $1,432 per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($1,346 per ton) and Indonesia ($1,346 per ton), while the price for Canada ($977 per ton) and Finland ($1,140 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Posts and Beams in Australia (FOB) - 2022

The average wood; posts and beams export price stood at $1,239 per ton in 2022, falling by -10.6% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 31% against the previous year. The export price peaked at $2,840 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,247 per ton), while the average price for exports to Papua New Guinea ($1,017 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nauru (-4.4%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Posts and Beams in Australia

Wood; posts and beams imports into Australia fell sharply to 82K tons in 2022, waning by -17.3% against 2021 figures. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports attained the peak of 99K tons, and then fell markedly in the following year.

In value terms, wood; posts and beams imports fell dramatically to $106M in 2022. In general, imports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 104%. As a result, imports attained the peak of $142M, and then dropped significantly in the following year.

Import of Wood; Posts and Beams in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia22.011.844.233.715.3%
United States18.818.521.516.4-4.5%
New Zealand12.311.517.213.12.1%
China2.64.115.011.463.7%
Finland15.710.213.710.4-12.8%
Poland6.53.58.66.60.5%
Indonesia4.95.68.66.59.9%
Others10.44.413.07.5-10.3%
Total93.269.61421064.4%

Top Suppliers of Wood; Posts and Beams to Australia in 2022:

  1. Russia (25.1K tons)
  2. United States (13.4K tons)
  3. New Zealand (9.7K tons)
  4. Finland (9.1K tons)
  5. China (8.5K tons)
  6. Poland (4.9K tons)
  7. Indonesia (4.8K tons)

Exports of Wood; Posts and Beams in Australia

Wood; posts and beams exports from Australia rose slightly to 1.5K tons in 2022, with an increase of 2.6% on 2021 figures. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 1.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood; posts and beams exports declined to $1.9M in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of $2.1M, and then reduced in the following year.

Export of Wood; Posts and Beams in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1,0768941,1381,69516.4%
United States0.18.81041561059.8%
Papua New Guinea52.623.136.954.91.4%
NauruN/A657313N/A-52.4%
United Arab Emirates62.6N/A109N/A32.0%
SingaporeN/AN/A261N/A0%
Samoa161N/AN/AN/A0%
Others132151113N/A-7.5%
Total1,4841,7342,0761,9058.7%

Top Export Markets for Wood; Posts and Beams from Australia in 2022:

  1. New Zealand (1358.9 tons)
  2. United States (124.7 tons)
  3. Papua New Guinea (54.1 tons)

Source: IndexBox Market Intelligence Platform

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