Price for Wood; Shuttering for Concrete Constructional Work in the Philippines - 2023
Contents:
- Price for Wood; Shuttering for Concrete Constructional Work in the Philippines (CIF) - 2022
- Price for Wood; Shuttering for Concrete Constructional Work in the Philippines (FOB) - 2022
- Imports of Wood; Shuttering for Concrete Constructional Work in the Philippines
- Exports of Wood; Shuttering for Concrete Constructional Work in the Philippines
Price for Wood; Shuttering for Concrete Constructional Work in the Philippines (CIF) - 2022
In 2022, the average import price for wood; shuttering for concrete constructional work amounted to $1,817 per ton, increasing by 15% against the previous year. In general, the import price posted a significant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 109% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($1,817 per ton) and Germany ($1,817 per ton), while the price for China ($1,808 per ton) and South Korea ($1,817 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Shuttering for Concrete Constructional Work in the Philippines (FOB) - 2022
The average export price for wood; shuttering for concrete constructional work stood at $1,563 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 21%. The export price peaked at $1,666 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Micronesia.
From 2015 to 2022, the rate of growth in terms of prices for Micronesia amounted to -2.3% per year.
Imports of Wood; Shuttering for Concrete Constructional Work in the Philippines
In 2022, the amount of wood; shuttering for concrete constructional work imported into the Philippines surged to 162 tons, jumping by 168% compared with the previous year's figure. Overall, imports, however, showed a precipitous slump.
In value terms, imports of wood; shuttering for concrete constructional work surged to $294K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline.
Import of Wood; Shuttering for Concrete Constructional Work in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 18.9 | 64.4 | 18.0 | 135 | 92.6% |
Austria | 27.2 | 69.8 | 9.5 | 98.4 | 53.5% |
Germany | 77.0 | 56.1 | 10.1 | 54.1 | -11.1% |
South Korea | 47.6 | 1.8 | 0.8 | 6.8 | -47.7% |
China | 134 | 53.9 | 9.8 | N/A | -73.0% |
Slovenia | 19.9 | 21.2 | 6.5 | N/A | -42.8% |
Singapore | 64.6 | 182 | 34.8 | N/A | -26.6% |
Others | 30.8 | 35.1 | 5.9 | N/A | -56.2% |
Total | 420 | 484 | 95.4 | 294 | -11.2% |
Top Suppliers of Wood; Shuttering for Concrete Constructional Work to the Philippines in 2022:
- Spain (74.1 tons)
- Austria (54.2 tons)
- Germany (29.8 tons)
- South Korea (3.8 tons)
Exports of Wood; Shuttering for Concrete Constructional Work in the Philippines
Exports of wood; shuttering for concrete constructional work from the Philippines dropped significantly to 112 kg in 2022, shrinking by -49.8% against 2021. Overall, exports saw a precipitous decrease.
In value terms, exports of wood; shuttering for concrete constructional work shrank dramatically to $175 in 2022. In general, exports faced a sharp curtailment.
Export of Wood; Shuttering for Concrete Constructional Work in the Philippines (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Micronesia | 348 | 175 | -49.7% | ||
Others | 2.0 | N/A | 0% | ||
Total | 350 | 175 | -50.0% |
Top Export Markets for Wood; Shuttering for Concrete Constructional Work from the Philippines in 2022:
- Micronesia (112.0 kg)
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