Price for Wood; Posts and Beams in Venezuela - 2022

Contents:

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

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

The average wood; posts and beams import price stood at $664 per ton in 2022, declining by -24.5% against the previous year. In general, the import price showed a deep reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 129%. Over the period under review, average import prices attained the peak figure at $4,166 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($3,707 per ton), while the price for Spain ($125 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-6.5%), while the prices for the other major suppliers experienced a decline.

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

The average wood; posts and beams export price stood at $5,640 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 1.9%. The export price peaked at $5,691 per ton in 2021, and then fell modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +0.6% per year.

Imports of Wood; Posts and Beams in Venezuela

Wood; posts and beams imports into Venezuela soared to 209 tons in 2022, increasing by 32% on 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,950% against the previous year. As a result, imports attained the peak of 359 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wood; posts and beams imports reduced modestly to $139K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 886%.

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

1. Spain (159.7 tons)
2. United States (30.6 tons)
3. Belgium (18.5 tons)

Exports of Wood; Posts and Beams in Venezuela

In 2022, after two years of decline, there was significant growth in overseas shipments of wood; posts and beamses, when their volume increased by 12% to 317 kg. Overall, exports, however, recorded a abrupt shrinkage.

In value terms, wood; posts and beams exports rose sharply to $1.8K in 2022. In general, exports, however, showed a deep contraction.

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

1. Aruba (317.0 kg)

Source: IndexBox Market Intelligence Platform