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

Contents:

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

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

In December 2021, the average import price for wood; statuettes and other ornaments of wood amounted to $6,461 per ton, dropping by -19.1% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 16% m-o-m. The import price peaked at $7,988 per ton in November 2021, and then declined significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was India ($13,466 per ton), while the price for Vietnam ($3,202 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wood; statuettes and other ornaments of wood stood at $8,383 per ton in December 2021, with a decrease of -8.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in February 2021 an increase of 30% m-o-m. As a result, the export price attained the peak level of $9,983 per ton. From March 2021 to December 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($12,366 per ton), while the average price for exports to Portugal ($5,052 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was decline in purchases abroad of wood; statuettes and other ornaments of wood, when their volume decreased by -3.2% to 3.5K tons. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year.

In value terms, imports of wood; statuettes and other ornaments of wood contracted to $20M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports reached the peak of $23M, and then contracted in the following year.

Import of Wood; Statuettes and Other Ornaments of Wood in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.17.510.18.628.0%
Netherlands5.85.08.16.96.0%
Indonesia0.61.41.81.535.7%
India0.40.70.60.57.7%
Others1.91.92.22.01.7%
Total12.816.522.819.615.3%

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

  1. China (1367.9 tons)
  2. Netherlands (1356.2 tons)
  3. Indonesia (429.9 tons)
  4. India (88.7 tons)

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

In 2022, approx. 1.6K tons of wood; statuettes and other ornaments of wood were exported from Belgium; with an increase of 6.3% compared with 2021. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 74%. As a result, the exports attained the peak of 1.8K 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 shrank to $11M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 81% against the previous year.

Export of Wood; Statuettes and Other Ornaments of Wood in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.15.56.56.041.9%
Germany0.30.91.51.467.1%
Netherlands1.11.21.01.0-3.1%
Italy0.60.70.90.810.1%
Spain0.40.30.50.40.0%
United States0.40.30.30.3-9.1%
Portugal0.20.30.30.20.0%
Others0.91.71.21.313.0%
Total5.910.712.111.424.6%

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

  1. France (871.3 tons)
  2. Netherlands (265.6 tons)
  3. Germany (158.0 tons)
  4. Italy (97.5 tons)
  5. Spain (55.7 tons)
  6. United States (37.4 tons)
  7. Portugal (32.6 tons)

Source: IndexBox Market Intelligence Platform

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