Price for Wood; Posts and Beams in Colombia - 2021

Contents:

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

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

The average wood; posts and beams import price stood at $1,271 per ton in 2022, remaining constant against the previous year. In general, the import price saw a perceptible decline. The pace of growth was the most pronounced in 2014 an increase of 12%. The import price peaked at $1,848 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,826 per ton), while the price for Chile ($893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; posts and beams export price amounted to $1,381 per ton, approximately reflecting the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood; posts and beams export price increased by +71.7% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 21%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($19,118 per ton), while the average price for exports to Aruba ($381 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 the Dominican Republic (+26.5%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Posts and Beams in Colombia

In 2022, after three years of growth, there was significant decline in overseas purchases of wood; posts and beamses, when their volume decreased by -33.8% to 607 tons. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 208% against the previous year. As a result, imports reached the peak of 916 tons, and then fell significantly in the following year.

In value terms, wood; posts and beams imports shrank sharply to $771K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 228% against the previous year. As a result, imports reached the peak of $1.2M, and then shrank significantly in the following year.

Import of Wood; Posts and Beams in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany74.411027017733.5%
Chile50.252.117312937.0%
United States11.235.112396.8105.2%
Austria55.010.813186.116.1%
Spain8.234.612481.7115.2%
Portugal24.525.584.762.836.9%
Slovakia30.319.181.353.420.8%
Slovenia16.115.547.731.324.8%
Russia13.713.747.531.231.6%
Others9.343.698.821.532.2%
Total2933601,18277138.1%

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

  1. Germany (166.1 tons)
  2. Chile (144.1 tons)
  3. United States (80.4 tons)
  4. Austria (47.2 tons)
  5. Spain (47.2 tons)
  6. Portugal (36.3 tons)
  7. Slovakia (31.7 tons)
  8. Russia (23.4 tons)
  9. Slovenia (17.7 tons)

Exports of Wood; Posts and Beams in Colombia

In 2022, approx. 41 tons of wood; posts and beamses were exported from Colombia; approximately mirroring the previous year's figure. Over the period under review, exports showed a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 0.5%.

In value terms, wood; posts and beams exports reduced modestly to $57K in 2022. Overall, exports showed a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 0.5%.

Export of Wood; Posts and Beams in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire78.425.535.733.6-24.6%
Dominican Republic28.723.819.321.6-9.0%
Aruba2.81.91.31.2-24.6%
Curacao2.11.10.60.5-38.0%
Others1.14.60.40.4-28.6%
Total11357.057.357.2-20.3%

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

  1. Cote d'Ivoire (36.6 tons)
  2. Aruba (3.1 tons)
  3. Dominican Republic (1.1 tons)
  4. Curacao (0.3 tons)

Source: IndexBox Market Intelligence Platform

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