Price for Wood; Shingles and Shakes in Slovakia - 2023

Contents:

  1. Price for Wood; Shingles and Shakes in Slovakia (CIF) - 2022
  2. Price for Wood; Shingles and Shakes in Slovakia (FOB) - 2022
  3. Imports of Wood; Shingles and Shakes in Slovakia
  4. Exports of Wood; Shingles and Shakes in Slovakia

Price for Wood; Shingles and Shakes in Slovakia (CIF) - 2022

The average wood; shingles and shakes import price stood at $1,768 per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 115% against the previous year. Over the period under review, average import prices reached the peak figure at $3,583 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Czech Republic ($2,884 per ton), while the price for Denmark stood at $668 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wood; Shingles and Shakes in Slovakia (FOB) - 2022

The average wood; shingles and shakes export price stood at $5,119 per ton in 2022, growing by 2.3% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2018 an increase of 173%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,957 per ton), while the average price for exports to Hungary totaled $4,467 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+78.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shingles and Shakes in Slovakia

In 2022, supplies from abroad of wood; shingles and shakeses decreased by -29.1% to 8.7 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of 12 tons, and then fell markedly in the following year.

In value terms, wood; shingles and shakes imports shrank significantly to $15K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +54.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $18K, and then plummeted in the following year.

Import of Wood; Shingles and Shakes in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic9.910.615.112.47.8%
DenmarkN/A1.13.12.962.4%
OthersN/AN/AN/AN/A0%
Total10.011.718.215.415.5%

Top Suppliers of Wood; Shingles and Shakes to Slovakia in 2022:

  1. Denmark (4.4 tons)
  2. Czech Republic (4.3 tons)

Exports of Wood; Shingles and Shakes in Slovakia

In 2022, after two years of decline, there was significant growth in shipments abroad of wood; shingles and shakeses, when their volume increased by 146% to 914 kg. In general, exports, however, showed a abrupt downturn.

In value terms, wood; shingles and shakes exports surged to $4.7K in 2022. Overall, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wood; Shingles and Shakes in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A2.40%
HungaryN/AN/AN/A2.30%
Austria2.62.31.5N/A-24.0%
Czech Republic0.2N/AN/AN/A0%
Italy0.90.60.3N/A-42.3%
OthersN/AN/AN/AN/A0%
Total3.72.91.94.78.3%

Top Export Markets for Wood; Shingles and Shakes from Slovakia in 2022:

  1. Hungary (514.0 kg)
  2. United States (400.0 kg)

Source: IndexBox Market Intelligence Platform

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