Price for Wood; Statuettes and Other Ornaments of Wood in Canada - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Canada (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Canada (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Canada
- Exports of Wood; Statuettes and Other Ornaments of Wood in Canada
Price for Wood; Statuettes and Other Ornaments of Wood in Canada (CIF) - 2022
In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $7,119 per ton, reducing by -3.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 8.2% against the previous year. As a result, import price attained the peak level of $7,364 per ton, and then declined slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($7,151 per ton) and India ($7,151 per ton), while the price for Indonesia ($6,647 per ton) and the Philippines ($7,046 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Canada (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $12,505 per ton in 2022, waning by -15.3% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood; statuettes and other ornaments of wood increased by +26.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 49%. Over the period under review, the average export prices hit record highs at $15,368 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($12,559 per ton), while the average price for exports to the United States ($12,501 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 the United Arab Emirates (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Canada
In 2022, the amount of wood; statuettes and other ornaments of wood imported into Canada reduced to 2.3K tons, waning by -10.6% on the previous year. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 27%.
In value terms, imports of wood; statuettes and other ornaments of wood contracted to $16M in 2022. Overall, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $19M, and then dropped in the following year.
| Import of Wood; Statuettes and Other Ornaments of Wood in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.1 | 9.1 | 12.0 | 10.3 | -2.5% |
| United States | 1.8 | 1.5 | 1.9 | 1.7 | -1.9% |
| India | 1.8 | 0.8 | 1.6 | 1.4 | -8.0% |
| Indonesia | 0.8 | 0.7 | 0.7 | 0.6 | -9.1% |
| Philippines | 0.6 | 0.5 | 0.6 | 0.5 | -5.9% |
| Vietnam | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Others | 1.1 | 0.9 | 1.6 | 1.4 | 8.4% |
| Total | 17.5 | 13.6 | 18.7 | 16.2 | -2.5% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Canada in 2022:
- China (1446.7 tons)
- United States (230.9 tons)
- India (195.6 tons)
- Indonesia (94.5 tons)
- Philippines (67.9 tons)
- Vietnam (35.8 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Canada
Exports of wood; statuettes and other ornaments of wood from Canada dropped to 185 tons in 2022, which is down by -6.7% on the previous year. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.
In value terms, exports of wood; statuettes and other ornaments of wood shrank significantly to $2.3M in 2022. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 73%.
| Export of Wood; Statuettes and Other Ornaments of Wood in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.9 | 1.6 | 2.7 | 2.2 | -8.8% |
| France | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 3.0 | 1.7 | 2.9 | 2.3 | -8.5% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Canada in 2022:
- United States (174.7 tons)
- France (3.3 tons)
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