Price for Wood; Posts and Beams in Norway - 2021

Contents:

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

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

The average wood; posts and beams import price stood at $1,437 per ton in December 2021, rising by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in August 2021 when the average import price increased by 31% against the previous month. As a result, import price reached the peak level of $1,503 per ton. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Austria ($2,172 per ton), while the price for Poland ($1,171 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Sweden (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average wood; posts and beams export price amounted to $745 per ton, reducing by -9.3% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 25%. As a result, the export price attained the peak level of $2,305 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,922 per ton), while the average price for exports to Germany ($481 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 Sweden (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Posts and Beams in Norway

After three years of growth, purchases abroad of wood; posts and beamses decreased by -1.6% to 23K tons in 2022. The total import volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year.

In value terms, wood; posts and beams imports reduced to $23M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year.

Import of Wood; Posts and Beams in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden9.48.512.511.26.0%
Austria0.24.54.33.8166.8%
Germany0.32.93.63.2120.1%
Poland2.52.83.22.83.8%
Finland0.81.30.70.94.0%
Estonia0.40.50.30.40.0%
Others1.30.71.01.0-8.4%
Total14.921.225.623.416.2%

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

  1. Sweden (13.5K tons)
  2. Poland (3.2K tons)
  3. Austria (2.6K tons)
  4. Germany (2.6K tons)
  5. Finland (0.6K tons)
  6. Estonia (0.3K tons)

Exports of Wood; Posts and Beams in Norway

In 2022, approx. 4.3K tons of wood; posts and beamses were exported from Norway; picking up by 14% on 2021. In general, exports, however, recorded a relatively flat trend pattern.

In value terms, wood; posts and beams exports rose to $3.2M in 2022. Over the period under review, exports, however, recorded a deep setback.

Export of Wood; Posts and Beams in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,7451,6831,9291,999-10.0%
Ireland4921,1224295765.4%
Sweden4583706925154.0%
Germany18410524.9107-16.5%
Others78.554.152.434.1-24.3%
Total3,9573,3343,1283,231-6.5%

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

  1. United Kingdom (2940.9 tons)
  2. Ireland (890.9 tons)
  3. Sweden (267.9 tons)
  4. Germany (221.6 tons)

Source: IndexBox Market Intelligence Platform

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