Price for Wood; Shuttering for Concrete Constructional Work in Bangladesh - 2022

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Bangladesh (CIF) - 2022
  2. Imports of Wood; Shuttering for Concrete Constructional Work in Bangladesh

Price for Wood; Shuttering for Concrete Constructional Work in Bangladesh (CIF) - 2022

In 2022, the average import price for wood; shuttering for concrete constructional work amounted to $1,053 per ton, growing by 55% against the previous year. In general, the import price, however, continues to indicate a slight setback. The pace of growth was the most pronounced in 2020 an increase of 64% against the previous year. As a result, import price reached the peak level of $1,455 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,556 per ton), while the price for China stood at $641 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.7%).

Imports of Wood; Shuttering for Concrete Constructional Work in Bangladesh

After three years of growth, purchases abroad of wood; shuttering for concrete constructional work decreased by -3.8% to 943 tons in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +55.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year.

In value terms, imports of wood; shuttering for concrete constructional work skyrocketed to $993K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 145%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Wood; Shuttering for Concrete Constructional Work in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany33673735066025.2%
China18415631633321.9%
United Arab EmiratesN/A424N/AN/A0%
Others17.9N/A1.1N/A-75.2%
Total5381,31866899322.7%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Bangladesh in 2022:

  1. China (518.9 tons)
  2. Germany (424.1 tons)

Source: IndexBox Market Intelligence Platform

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