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

Contents:

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

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

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $10,314 per ton, dropping by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the maximum at $10,611 per ton in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($33,913 per ton), while the price for the Netherlands ($4,071 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wood; statuettes and other ornaments of wood stood at $104K per ton in December 2021, rising by 6.3% against the previous month. Overall, export price indicated slight growth from January 2021 to December 2021: its price increased at an average monthly rate of +1.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, export price for wood; statuettes and other ornaments of wood increased by +76.0% against August 2021 indices. The growth pace was the most rapid in June 2021 when the average export price increased by 59% against the previous month. The export price peaked in December 2021.

There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was the United States ($210K per ton), while the average price for exports to Latvia ($8,167 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 South Korea (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of wood; statuettes and other ornaments of wood into Finland reduced to 144 tons, which is down by -9.8% compared with 2021. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 160 tons, and then dropped in the following year.

In value terms, imports of wood; statuettes and other ornaments of wood dropped to $1.5M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $1.7M, and then contracted in the following year.

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

1. China (49.9 tons)
2. Netherlands (35.5 tons)
3. Sweden (26.0 tons)
4. Vietnam (7.0 tons)
5. Denmark (4.5 tons)
6. Germany (4.3 tons)
7. Indonesia (2.8 tons)
8. Latvia (2.5 tons)
9. Russia (2.2 tons)

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

In 2022, the amount of wood; statuettes and other ornaments of wood exported from Finland expanded modestly to 18 tons, increasing by 4.7% against 2021. The total export volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wood; statuettes and other ornaments of wood contracted slightly to $1.3M in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 35%.

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

1. Japan (4.7 tons)
2. Estonia (2.6 tons)
3. Switzerland (2.3 tons)
4. Norway (1.5 tons)
5. United States (1.4 tons)
6. United Kingdom (1.3 tons)
7. Sweden (0.9 tons)
8. Latvia (0.9 tons)
9. Lithuania (0.5 tons)
10. Russia (0.4 tons)
11. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform