Price for Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR
- Exports of Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR
Price for Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $11,009 per ton, picking up by 6.5% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 81%. Over the period under review, average import prices hit record highs at $13,540 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 the United States ($38,136 per ton), while the price for Taiwan (Chinese) ($1,523 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $4,084 per ton, declining by -63.7% against the previous year. In general, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 41%. Over the period under review, the average export prices hit record highs at $11,254 per ton in 2021, and then shrank remarkably in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($4,798 per ton), while the average price for exports to Taiwan (Chinese) amounted to $3,941 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR
In 2022, approx. 16 tons of wood; statuettes and other ornaments of wood were imported into Hong Kong SAR; declining by -95.4% on 2021 figures. Overall, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year.
In value terms, imports of wood; statuettes and other ornaments of wood shrank sharply to $179K in 2022. In general, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5%.
| Import of Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,523 | 1,230 | 1,653 | 76.6 | -68.8% |
| United States | 297 | 193 | 350 | 16.2 | -62.1% |
| Slovakia | 515 | 287 | 251 | 14.4 | -69.6% |
| Japan | 404 | 149 | 210 | 10.3 | -70.6% |
| Taiwan (Chinese) | 156 | 73.1 | 147 | 6.8 | -64.8% |
| Vietnam | 105 | 72.2 | 23.5 | 2.7 | -70.5% |
| Indonesia | 90.8 | 24.1 | 45.3 | 2.1 | -71.5% |
| Others | 1,386 | 1,329 | 964 | 49.7 | -67.0% |
| Total | 5,478 | 3,358 | 3,642 | 179 | -68.0% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Hong Kong SAR in 2022:
- China (8.9 tons)
- Taiwan (Chinese) (4.5 tons)
- Indonesia (0.7 tons)
- Slovakia (0.6 tons)
- United States (0.4 tons)
- Vietnam (0.3 tons)
- Japan (0.2 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR
In 2022, approx. 21 tons of wood; statuettes and other ornaments of wood were exported from Hong Kong SAR; waning by -94.3% compared with the previous year's figure. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, the exports attained the peak of 367 tons, and then dropped remarkably in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood shrank significantly to $85K in 2022. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. As a result, the exports attained the peak of $4.1M, and then contracted markedly in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 145 | 28.0 | 39.7 | 72.4 | -20.7% |
| Georgia | 11.1 | 1.2 | 0.1 | 11.0 | -0.3% |
| Philippines | 0.1 | 0.6 | 230 | 0.2 | 26.0% |
| Canada | 107 | 43.9 | 212 | N/A | 40.8% |
| Germany | 105 | 225 | 341 | N/A | 80.2% |
| Netherlands | 144 | 55.8 | 162 | N/A | 6.1% |
| United Kingdom | 128 | 465 | 410 | N/A | 79.0% |
| France | 41.2 | 32.5 | 100 | N/A | 55.8% |
| Zimbabwe | 20.9 | N/A | N/A | N/A | 0% |
| Czech Republic | 38.4 | 107 | 386 | N/A | 217.1% |
| Israel | 46.0 | 54.0 | 28.0 | N/A | -22.0% |
| United States | 680 | 300 | 791 | N/A | 7.9% |
| Brazil | 133 | 111 | 165 | N/A | 11.4% |
| Others | 1,313 | 963 | 1,266 | 1.5 | -89.5% |
| Total | 2,913 | 2,386 | 4,131 | 85.2 | -69.2% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Hong Kong SAR in 2022:
- Taiwan (Chinese) (18.4 tons)
- Georgia (2.3 tons)
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