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

Contents:

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

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

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $1,774 per ton, declining by -17.5% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +55.9% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. As a result, import price attained the peak level of $2,149 per ton, and then dropped notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,953 per ton), while the price for Kenya totaled $1,449 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+3.3%).

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

In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $2,583 per ton, dropping by -34% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 50%. As a result, the export price attained the peak level of $6,989 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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 Germany ($11,000 per ton), while the average price for exports to Spain ($1,000 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 Canada (+102.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of wood; statuettes and other ornaments of wood, when their volume increased by 170% to 18 tons. Over the period under review, imports, however, faced a abrupt downturn.

In value terms, imports of wood; statuettes and other ornaments of wood soared to $32K in 2022. In general, imports, however, recorded a abrupt decrease.

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

1. China (11.7 tons)
2. Kenya (6.5 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of wood; statuettes and other ornaments of wood, when their volume decreased by -99.9% to 12 kg. In general, exports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 125% against the previous year.

In value terms, exports of wood; statuettes and other ornaments of wood reduced notably to $31 in 2022. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 183%.

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

1. Spain (4.0 kg)
2. United States (2.0 kg)
3. Australia (1.0 kg)
4. Italy (1.0 kg)
5. Switzerland (1.0 kg)
6. Germany (1.0 kg)
7. Belgium (1.0 kg)
8. Japan (1.0 kg)

Source: IndexBox Market Intelligence Platform