Price for Wood; Statuettes and Other Ornaments of Wood in Colombia - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Colombia (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Colombia (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Colombia
- Exports of Wood; Statuettes and Other Ornaments of Wood in Colombia
Price for Wood; Statuettes and Other Ornaments of Wood in Colombia (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $4,665 per ton in 2022, rising by 3.6% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 +61.7% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 25% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 India ($5,505 per ton), while the price for Indonesia ($3,197 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Colombia (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $15,066 per ton, which is down by -10.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 65% against the previous year. The export price peaked at $17,421 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +19.8% per year.
Imports of Wood; Statuettes and Other Ornaments of Wood in Colombia
For the third consecutive year, Colombia recorded decline in purchases abroad of wood; statuettes and other ornaments of wood, which decreased by -0.9% to 123 tons in 2022. Overall, imports continue to indicate a sharp setback.
In value terms, imports of wood; statuettes and other ornaments of wood amounted to $572K in 2022. Over the period under review, imports faced a dramatic descent.
| Import of Wood; Statuettes and Other Ornaments of Wood in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 814 | 614 | 406 | 410 | -20.4% |
| Indonesia | 136 | 71.8 | 46.8 | 55.9 | -25.6% |
| India | 83.8 | 72.7 | 40.4 | 43.7 | -19.5% |
| Others | 102 | 98.5 | 64.2 | 61.7 | -15.4% |
| Total | 1,136 | 857 | 557 | 572 | -20.4% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Colombia in 2022:
- China (93.9 tons)
- Indonesia (17.5 tons)
- India (7.9 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Colombia
In 2022, approx. 13 tons of wood; statuettes and other ornaments of wood were exported from Colombia; which is down by -5.6% compared with the previous year's figure. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 19%.
In value terms, exports of wood; statuettes and other ornaments of wood fell significantly to $196K in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 164 | 11.5 | 109 | 194 | 5.8% |
| Spain | 11.5 | 12.1 | 44.3 | N/A | 96.3% |
| United States | 85.8 | 60.3 | 52.1 | N/A | -22.1% |
| Panama | 15.9 | 23.0 | 4.7 | N/A | -45.6% |
| Others | 49.2 | 17.3 | 22.2 | 1.5 | -68.8% |
| Total | 326 | 124 | 233 | 196 | -15.6% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Colombia in 2022:
- Aruba (12.9 tons)
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