Price for Wood; Statuettes and Other Ornaments of Wood in Algeria - 2022

Contents:

1. Price for Wood; Statuettes and Other Ornaments of Wood in Algeria (CIF) - 2022
2. Price for Wood; Statuettes and Other Ornaments of Wood in Algeria (FOB) - 2022
3. Imports of Wood; Statuettes and Other Ornaments of Wood in Algeria
4. Exports of Wood; Statuettes and Other Ornaments of Wood in Algeria

Price for Wood; Statuettes and Other Ornaments of Wood in Algeria (CIF) - 2022

The average import price for wood; statuettes and other ornaments of wood stood at $2,465 per ton in 2022, which is down by -4.6% against the previous year. Over the period under review, import price indicated a buoyant 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; statuettes and other ornaments of wood increased by +21.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. Over the period under review, average import prices reached the maximum at $2,615 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Thailand ($22,548 per ton), while the price for Syrian Arab Republic ($1,186 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Statuettes and Other Ornaments of Wood in Algeria (FOB) - 2022

In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $5,446 per ton, waning by -30.8% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 11%. As a result, the export price attained the peak level of $15,535 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to -8.5% per year.

Imports of Wood; Statuettes and Other Ornaments of Wood in Algeria

For the third consecutive year, Algeria recorded decline in purchases abroad of wood; statuettes and other ornaments of wood, which decreased by -14.7% to 171 tons in 2022. In general, imports showed a drastic downturn. The smallest decline of -1.9% was in 2020.

In value terms, imports of wood; statuettes and other ornaments of wood fell dramatically to $421K in 2022. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Algeria in 2022:

1. China (123.3 tons)
2. Vietnam (29.0 tons)
3. India (7.0 tons)
4. Morocco (3.0 tons)
5. Syrian Arab Republic (2.6 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Algeria

In 2022, overseas shipments of wood; statuettes and other ornaments of wood were finally on the rise to reach 240 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt shrinkage.

In value terms, exports of wood; statuettes and other ornaments of wood surged to $1.3K in 2022. In general, exports, however, faced a precipitous decrease.

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Algeria in 2022:

1. France (240.0 kg)

Source: IndexBox Market Intelligence Platform