Price for Wood; Posts and Beams in Denmark - 2021

Contents:

1. Price for Wood; Posts and Beams in Denmark (CIF) - 2021
2. Price for Wood; Posts and Beams in Denmark (FOB) - 2022
3. Imports of Wood; Posts and Beams in Denmark
4. Exports of Wood; Posts and Beams in Denmark

Price for Wood; Posts and Beams in Denmark (CIF) - 2021

The average wood; posts and beams import price stood at $897 per ton in November 2021, falling by -7.4% against the previous month. In general, import price indicated a buoyant increase from November 2020 to November 2021: its price increased at an average monthly rate of +5.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2021 figures, wood; posts and beams import price decreased by -20.5% against September 2021 indices. The pace of growth appeared the most rapid in December 2020 when the average import price increased by 40% m-o-m. Over the period under review, average import prices reached the peak figure at $1,129 per ton in September 2021; however, from October 2021 to November 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2021, the country with the highest price was Germany ($5,565 per ton), while the price for Lithuania ($700 per ton) was amongst the lowest.

From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; posts and beams export price amounted to $2,120 per ton, waning by -10.7% against the previous year. Over the period under review, the export price, however, showed a pronounced increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 134%. The export price peaked at $4,266 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($14,533 per ton), while the average price for exports to Iceland ($386 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 Germany (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Posts and Beams in Denmark

In 2022, approx. 37K tons of wood; posts and beamses were imported into Denmark; surging by 4.1% against the year before. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of 38K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wood; posts and beams imports fell markedly to $23M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports attained the peak of $28M, and then reduced dramatically in the following year.

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

1. Lithuania (17.3K tons)
2. Latvia (9.6K tons)
3. Sweden (6.2K tons)
4. Estonia (1.8K tons)
5. Germany (1.3K tons)
6. Poland (0.9K tons)

Exports of Wood; Posts and Beams in Denmark

In 2022, wood; posts and beams exports from Denmark contracted modestly to 3K tons, shrinking by -3.4% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8% against the previous year. As a result, the exports attained the peak of 3.1K tons, and then contracted modestly in the following year.

In value terms, wood; posts and beams exports reduced to $6.4M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of $7.4M, and then shrank in the following year.

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

1. Sweden (1896.3 tons)
2. Faroe Islands (365.1 tons)
3. Greenland (288.0 tons)
4. Germany (249.2 tons)
5. Norway (130.3 tons)
6. Iceland (84.5 tons)

Source: IndexBox Market Intelligence Platform