Price for Wood; Shuttering for Concrete Constructional Work in Sri Lanka - 2022
Contents:
- Price for Wood; Shuttering for Concrete Constructional Work in Sri Lanka (CIF) - 2022
- Price for Wood; Shuttering for Concrete Constructional Work in Sri Lanka (FOB) - 2022
- Imports of Wood; Shuttering for Concrete Constructional Work in Sri Lanka
- Exports of Wood; Shuttering for Concrete Constructional Work in Sri Lanka
Price for Wood; Shuttering for Concrete Constructional Work in Sri Lanka (CIF) - 2022
In 2022, the average import price for wood; shuttering for concrete constructional work amounted to $1,642 per ton, growing by 34% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood; shuttering for concrete constructional work increased by +107.0% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 China ($1,909 per ton), while the price for South Korea stood at $900 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Shuttering for Concrete Constructional Work in Sri Lanka (FOB) - 2022
The average export price for wood; shuttering for concrete constructional work stood at $9.6 per ton in 2022, which is down by -99% against the previous year. In general, the export price recorded a sharp contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $1,279 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +116.0% per year.
Imports of Wood; Shuttering for Concrete Constructional Work in Sri Lanka
In 2022, approx. 43 tons of wood; shuttering for concrete constructional work were imported into Sri Lanka; which is down by -51.8% on the year before. In general, imports saw a precipitous decrease. The smallest decline of -34.1% was in 2021.
In value terms, imports of wood; shuttering for concrete constructional work contracted rapidly to $70K in 2022. Overall, imports showed a dramatic decline. The smallest decline of -26.1% was in 2021.
| Import of Wood; Shuttering for Concrete Constructional Work in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 198 | 41.4 | 15.1 | 60.1 | -32.8% |
| South Korea | 29.1 | 20.4 | 5.0 | 10.2 | -29.5% |
| Singapore | 673 | 79.2 | 85.1 | N/A | -64.4% |
| Others | 20.9 | 5.9 | 3.4 | N/A | -59.7% |
| Total | 921 | 147 | 109 | 70.3 | -57.6% |
Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Sri Lanka in 2022:
- China (31.5 tons)
- South Korea (11.3 tons)
Exports of Wood; Shuttering for Concrete Constructional Work in Sri Lanka
In 2022, overseas shipments of wood; shuttering for concrete constructional work decreased by -93% to 417 kg, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 98%. As a result, the exports reached the peak of 43 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of wood; shuttering for concrete constructional work declined markedly to $4 in 2022. Over the period under review, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. As a result, the exports attained the peak of $55K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wood; Shuttering for Concrete Constructional Work in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 13.3 | N/A | N/A | N/A | 0% |
| Uganda | 3.7 | N/A | N/A | N/A | 0% |
| United States | 9.2 | 44.7 | N/A | N/A | 385.9% |
| India | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.6 | 9.1 | 5.2 | N/A | 194.4% |
| Others | 0.9 | 0.9 | 0.4 | N/A | -33.3% |
| Total | 27.6 | 54.7 | 5.6 | N/A | -55.0% |
Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Sri Lanka in 2022:
- India (417.0 kg)
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