Price for Wood; Statuettes and Other Ornaments of Wood in India - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in India (FOB) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in India (CIF) - 2022
- Exports of Wood; Statuettes and Other Ornaments of Wood in India
- Imports of Wood; Statuettes and Other Ornaments of Wood in India
Price for Wood; Statuettes and Other Ornaments of Wood in India (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $5,700 per ton, declining by -14.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2014 an increase of 21%. The export price peaked at $6,646 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($6,582 per ton), while the average price for exports to Bangladesh ($535 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 France (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in India (CIF) - 2022
In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $2,353 per ton, with a decrease of -46.9% against the previous year. In general, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 25%. The import price peaked at $4,433 per ton in 2021, and then contracted sharply in the following year.
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 Vietnam ($4,248 per ton), while the price for China ($1,292 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.5%), while the prices for the other major suppliers experienced a decline.
Exports of Wood; Statuettes and Other Ornaments of Wood in India
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 -96.7% to 33 tons. Over the period under review, exports faced a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 79%. As a result, the exports reached the peak of 994 tons, and then contracted dramatically in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood declined notably to $188K in 2022. Overall, exports recorded a significant decline. The growth pace was the most rapid in 2021 when exports increased by 90%. As a result, the exports attained the peak of $6.6M, and then reduced markedly in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,086 | 2,669 | 4,551 | 128 | -60.6% |
| Netherlands | 44.1 | 60.6 | 300 | 8.4 | -42.5% |
| Germany | 161 | 60.2 | 266 | 7.5 | -64.0% |
| Belgium | 13.1 | 43.9 | 247 | 6.9 | -19.2% |
| Malaysia | 62.5 | 65.6 | 135 | 3.8 | -60.7% |
| United Kingdom | 73.4 | 83.3 | 104 | 2.9 | -65.9% |
| Japan | 46.4 | 60.2 | 101 | 2.8 | -60.8% |
| Hong Kong SAR | 189 | 51.5 | 40.6 | 2.6 | -76.0% |
| France | 89.0 | 81.5 | 88.7 | 2.5 | -69.6% |
| Bangladesh | 7.8 | 17.8 | 16.5 | 0.5 | -60.0% |
| Others | 382 | 279 | 758 | 22.2 | -61.3% |
| Total | 3,155 | 3,473 | 6,609 | 188 | -60.9% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from India in 2022:
- United States (21.8 tons)
- Netherlands (1.4 tons)
- Belgium (1.3 tons)
- Germany (1.1 tons)
- Bangladesh (0.9 tons)
- Malaysia (0.7 tons)
- Japan (0.7 tons)
- United Kingdom (0.5 tons)
- Hong Kong SAR (0.5 tons)
- France (0.4 tons)
Imports of Wood; Statuettes and Other Ornaments of Wood in India
In 2022, approx. 5 tons of wood; statuettes and other ornaments of wood were imported into India; falling by -93.9% on 2021 figures. Over the period under review, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 6.4%.
In value terms, imports of wood; statuettes and other ornaments of wood declined remarkably to $12K in 2022. In general, imports recorded a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 27%.
| Import of Wood; Statuettes and Other Ornaments of Wood in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 303 | 140 | 161 | 5.3 | -74.0% |
| China | 254 | 49.5 | 74.1 | 3.3 | -76.5% |
| Thailand | 104 | 44.8 | 44.6 | 1.7 | -74.6% |
| Vietnam | 2.8 | 1.2 | 38.8 | 1.0 | -29.1% |
| Others | 67.8 | 54.8 | 49.7 | 0.5 | -80.5% |
| Total | 731 | 290 | 368 | 11.9 | -74.7% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to India in 2022:
- China (2.6 tons)
- Indonesia (1.7 tons)
- Thailand (0.4 tons)
- Vietnam (0.2 tons)
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