Price for Wood; Statuettes and Other Ornaments of Wood in Azerbaijan - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Azerbaijan (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Azerbaijan (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Azerbaijan
- Exports of Wood; Statuettes and Other Ornaments of Wood in Azerbaijan
Price for Wood; Statuettes and Other Ornaments of Wood in Azerbaijan (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $5,428 per ton in 2022, reducing by -19.6% against the previous year. Overall, the import price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 114%. As a result, import price reached the peak level of $11,290 per ton. From 2015 to 2022, the average 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 Indonesia ($18,113 per ton), while the price for Georgia ($1,654 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Azerbaijan (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $6,389 per ton in 2022, rising by 4.4% against the previous year. Overall, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 63% against the previous year. As a result, the export price reached the peak level of $25,968 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($32,250 per ton), while the average price for exports to the United States ($3,588 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wood; Statuettes and Other Ornaments of Wood in Azerbaijan
In 2022, approx. 23 tons of wood; statuettes and other ornaments of wood were imported into Azerbaijan; rising by 15% on 2021. Overall, imports, however, continue to indicate a perceptible setback.
In value terms, imports of wood; statuettes and other ornaments of wood shrank to $126K in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 17%. As a result, imports reached the peak of $135K, and then declined in the following year.
| Import of Wood; Statuettes and Other Ornaments of Wood in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.9 | 63.2 | 68.4 | 57.8 | 1.7% |
| Turkey | 22.5 | 17.1 | 16.6 | 17.8 | -7.5% |
| Italy | 6.2 | 3.2 | 19.5 | 16.0 | 37.2% |
| Iran | 6.3 | 1.8 | 0.4 | 2.9 | -22.8% |
| Pakistan | 4.4 | 1.7 | 2.2 | 2.1 | -21.9% |
| Poland | 1.2 | 0.4 | 2.6 | 2.1 | 20.5% |
| Georgia | 0.8 | 1.0 | 1.4 | 1.3 | 17.6% |
| Others | 24.4 | 27.4 | 24.4 | 25.7 | 1.7% |
| Total | 121 | 116 | 135 | 126 | 1.4% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Azerbaijan in 2022:
- China (14.4 tons)
- Turkey (3.0 tons)
- Italy (1.6 tons)
- Iran (0.9 tons)
- Georgia (0.8 tons)
- Pakistan (0.6 tons)
- Poland (0.6 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Azerbaijan
In 2022, approx. 303 kg of wood; statuettes and other ornaments of wood were exported from Azerbaijan; growing by 98% against the year before. Overall, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wood; statuettes and other ornaments of wood skyrocketed to $1.9K in 2022. Over the period under review, exports enjoyed resilient growth.
| Export of Wood; Statuettes and Other Ornaments of Wood in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 402 | 224 | 322 | 961 | 33.7% |
| United States | 68.0 | 239 | 202 | 366 | 75.2% |
| Germany | 118 | 152 | 90.0 | 196 | 18.4% |
| United Kingdom | 238 | 225 | 99.0 | 158 | -12.8% |
| Qatar | 96.0 | 108 | 53.0 | 97.0 | 0.3% |
| Russia | 34.0 | 1,760 | N/A | N/A | 5076.5% |
| China | N/A | N/A | 85.0 | N/A | 0% |
| Belarus | 147 | N/A | N/A | N/A | 0% |
| Others | 446 | 226 | 85.0 | 158 | -29.2% |
| Total | 1,549 | 2,934 | 936 | 1,936 | 7.7% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Azerbaijan in 2022:
- Georgia (135.0 kg)
- United States (102.0 kg)
- Germany (46.0 kg)
- Qatar (5.0 kg)
- United Kingdom (5.0 kg)
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