Price for Wood; Statuettes and Other Ornaments of Wood in Egypt - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Egypt (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Egypt (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Egypt
- Exports of Wood; Statuettes and Other Ornaments of Wood in Egypt
Price for Wood; Statuettes and Other Ornaments of Wood in Egypt (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $7,230 per ton in 2022, waning by -9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2021 an increase of 17%. As a result, import price reached the peak level of $7,973 per ton, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($18,565 per ton), while the price for Turkey ($6,526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Egypt (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $9,023 per ton in 2022, remaining stable against the previous year. In general, the export price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 653%. As a result, the export price attained the peak level of $13,647 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($20,210 per ton), while the average price for exports to Tunisia ($1,605 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 Saudi Arabia (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Egypt
In 2022, purchases abroad of wood; statuettes and other ornaments of wood was finally on the rise to reach 60 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a dramatic setback.
In value terms, imports of wood; statuettes and other ornaments of wood surged to $435K in 2022. In general, imports, however, faced a drastic downturn.
| Import of Wood; Statuettes and Other Ornaments of Wood in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 400 | 348 | 206 | 234 | -16.4% |
| Indonesia | 145 | 68.1 | 39.8 | 40.8 | -34.5% |
| Thailand | 119 | 11.7 | 10.7 | 30.3 | -36.6% |
| Lebanon | 6.7 | 3.9 | 11.4 | 26.8 | 58.7% |
| India | 34.7 | 8.7 | 20.7 | 15.9 | -22.9% |
| Turkey | 0.3 | 0.1 | 7.6 | 11.5 | 237.2% |
| Austria | 3.2 | 4.3 | 13.3 | 10.2 | 47.2% |
| Taiwan (Chinese) | 5.0 | 18.7 | 2.6 | 7.1 | 12.4% |
| United Kingdom | 4.5 | 4.3 | 8.9 | 6.8 | 14.8% |
| Vietnam | 22.7 | 12.2 | 10.7 | 4.8 | -40.4% |
| Others | 45.7 | 27.2 | 31.6 | 46.7 | 0.7% |
| Total | 787 | 507 | 364 | 435 | -17.9% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Egypt in 2022:
- China (33.8 tons)
- Indonesia (6.0 tons)
- Thailand (4.6 tons)
- India (2.1 tons)
- Turkey (1.8 tons)
- Lebanon (1.4 tons)
- Austria (1.3 tons)
- Taiwan (Chinese) (1.0 tons)
- United Kingdom (0.9 tons)
- Vietnam (0.7 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Egypt
In 2022, approx. 2.2 tons of wood; statuettes and other ornaments of wood were exported from Egypt; reducing by -48.6% compared with the year before. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,310% against the previous year. As a result, the exports reached the peak of 4.4 tons, and then fell markedly in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood reduced dramatically to $20K in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 4,630% against the previous year. As a result, the exports reached the peak of $40K, and then declined significantly in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 113 | 62.0 | 4,701 | 2,122 | 165.8% |
| Jordan | 179 | 17.0 | 4,140 | 1,869 | 118.6% |
| United States | 90.0 | 51.0 | 3,862 | 1,743 | 168.5% |
| United Arab Emirates | 3,085 | 131 | 2,357 | 1,575 | -20.1% |
| Netherlands | 2,409 | 20.0 | 1,484 | 1,293 | -18.7% |
| Lebanon | 2,409 | 36.0 | 2,030 | 1,182 | -21.1% |
| Germany | 448 | 16.0 | 1,841 | 831 | 22.9% |
| Bahrain | 418 | 29.0 | 1,270 | 613 | 13.6% |
| Morocco | 312 | 35.0 | 1,180 | 450 | 13.0% |
| Sudan | 484 | 29.0 | 1,033 | 418 | -4.8% |
| Tunisia | 325 | 20.0 | 745 | 313 | -1.2% |
| Gabon | 187 | 13.0 | 553 | 263 | 12.0% |
| Kuwait | 78.0 | 5.0 | 201 | 90.0 | 4.9% |
| Others | 9,469 | 375 | 14,286 | 7,495 | -7.5% |
| Total | 20,006 | 839 | 39,683 | 20,257 | 0.4% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Egypt in 2022:
- United Arab Emirates (392.0 kg)
- Lebanon (224.0 kg)
- Tunisia (195.0 kg)
- United States (173.0 kg)
- Netherlands (116.0 kg)
- Bahrain (109.0 kg)
- Saudi Arabia (105.0 kg)
- Jordan (100.0 kg)
- Sudan (98.0 kg)
- Gabon (69.0 kg)
- Morocco (59.0 kg)
- Germany (51.0 kg)
- Kuwait (43.0 kg)
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