Price for Wood; Posts and Beams in Luxembourg - 2021

Contents:

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

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

In November 2021, the average wood; posts and beams import price amounted to $5,269 per ton, increasing by 144% against the previous month. Overall, the import price showed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,171 per ton), while the price for Austria ($849 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 Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; posts and beams export price amounted to $1,162 per ton, shrinking by -5.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 152%. As a result, the export price attained the peak level of $4,326 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,376 per ton), while the average price for exports to France ($1,053 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 Belgium (+5.3%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Posts and Beams in Luxembourg

In 2022, purchases abroad of wood; posts and beamses decreased by -4.7% to 2.4K tons, falling for the second consecutive year after two years of growth. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood; posts and beams imports fell markedly to $4.3M in 2022. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 66%. As a result, imports reached the peak of $5.3M, and then shrank significantly in the following year.

Import of Wood; Posts and Beams in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.21.62.42.018.6%
France0.30.51.41.154.2%
Belgium0.60.91.31.018.6%
Others0.10.20.20.10.0%
Total2.33.25.34.323.2%

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

  1. Germany (1389.1 tons)
  2. Belgium (489.0 tons)
  3. France (388.2 tons)

Exports of Wood; Posts and Beams in Luxembourg

In 2022, shipments abroad of wood; posts and beamses decreased by -24.4% to 88 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 148% against the previous year. As a result, the exports attained the peak of 117 tons, and then shrank markedly in the following year.

In value terms, wood; posts and beams exports declined notably to $103K in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 131% against the previous year. As a result, the exports attained the peak of $143K, and then declined notably in the following year.

Export of Wood; Posts and Beams in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14.354.91.553.054.8%
Belgium17.82.011040.932.0%
Germany10.75.122.68.7-6.7%
OthersN/AN/A9.0N/A0%
Total42.762.014310334.1%

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

  1. France (50.4 tons)
  2. Belgium (31.6 tons)
  3. Germany (6.3 tons)

Source: IndexBox Market Intelligence Platform

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