Price for Wood; Statuettes and Other Ornaments of Wood in Bangladesh - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Bangladesh (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Bangladesh (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Bangladesh
- Exports of Wood; Statuettes and Other Ornaments of Wood in Bangladesh
Price for Wood; Statuettes and Other Ornaments of Wood in Bangladesh (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $2,053 per ton in 2022, increasing by 64% against the previous year. In general, the import price enjoyed a perceptible increase. The import price peaked at $3,324 per ton in 2019; however, from 2020 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 ($4,483 per ton), while the price for India ($673 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Bangladesh (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $11,475 per ton in 2022, falling by -20.3% against the previous year. Overall, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 71% against the previous year. As a result, the export price attained the peak level of $14,406 per ton, and then dropped notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($26,388 per ton), while the average price for exports to Canada ($4,049 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 Luxembourg (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Bangladesh
Imports of wood; statuettes and other ornaments of wood into Bangladesh soared to 57 tons in 2022, jumping by 62% against the previous year. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 83% against the previous year. As a result, imports reached the peak of 81 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wood; statuettes and other ornaments of wood surged to $118K in 2022. Overall, imports, however, saw a abrupt descent.
| Import of Wood; Statuettes and Other Ornaments of Wood in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 137 | 144 | 26.6 | 101 | -9.7% |
| India | 7.8 | 17.8 | 16.5 | 16.4 | 28.1% |
| Others | 3.0 | 0.1 | 1.3 | 0.8 | -35.6% |
| Total | 148 | 162 | 44.4 | 118 | -7.3% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Bangladesh in 2022:
- China (32.8 tons)
- India (24.4 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Bangladesh
In 2022, the amount of wood; statuettes and other ornaments of wood exported from Bangladesh soared to 5.4 tons, growing by 26% against the year before. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year. As a result, the exports reached the peak of 8.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of wood; statuettes and other ornaments of wood stood at $62K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 104%. As a result, the exports reached the peak of $68K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Wood; Statuettes and Other Ornaments of Wood in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 5.7 | 8.4 | 12.1 | 19.1 | 49.6% |
| Luxembourg | 0.8 | 0.7 | 8.8 | 14.0 | 159.6% |
| Poland | 9.1 | 14.4 | N/A | 12.2 | 10.3% |
| Czech Republic | 0.3 | 1.3 | 4.3 | 6.8 | 183.0% |
| Canada | 0.1 | 9.6 | 0.1 | 5.0 | 268.4% |
| Bahrain | 0.4 | 0.2 | 1.1 | 1.8 | 65.1% |
| Spain | 5.1 | 1.7 | N/A | N/A | -66.7% |
| United Kingdom | 7.5 | N/A | N/A | N/A | 0% |
| United States | N/A | 26.9 | 7.6 | N/A | -71.7% |
| Denmark | N/A | N/A | 20.5 | N/A | 0% |
| Kyrgyzstan | N/A | 2.1 | N/A | N/A | 0% |
| Others | 4.4 | 3.1 | 6.7 | 2.7 | -15.0% |
| Total | 33.5 | 68.3 | 61.4 | 61.7 | 22.6% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Bangladesh in 2022:
- Austria (1534.0 kg)
- Canada (1242.0 kg)
- Poland (987.0 kg)
- Luxembourg (529.0 kg)
- Czech Republic (521.0 kg)
- Bahrain (387.0 kg)
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