Price for Wood; Statuettes and Other Ornaments of Wood in Indonesia - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Indonesia (FOB) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Indonesia (CIF) - 2022
- Exports of Wood; Statuettes and Other Ornaments of Wood in Indonesia
- Imports of Wood; Statuettes and Other Ornaments of Wood in Indonesia
Price for Wood; Statuettes and Other Ornaments of Wood in Indonesia (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $4,165 per ton, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,527 per ton), while the average price for exports to Taiwan (Chinese) ($1,757 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 Japan (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Indonesia (CIF) - 2022
In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $7,457 per ton, with a decrease of -8.1% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 +114.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 71%. The import price peaked at $8,114 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($7,136 per ton), while the price for China stood at $6,787 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wood; Statuettes and Other Ornaments of Wood in Indonesia
In 2022, exports of wood; statuettes and other ornaments of wood from Indonesia dropped remarkably to 235 tons, which is down by -98.4% compared with the year before. In general, exports showed a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 6.3% against the previous year.
In value terms, exports of wood; statuettes and other ornaments of wood contracted sharply to $980K in 2022. Over the period under review, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
| Export of Wood; Statuettes and Other Ornaments of Wood in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.1 | 12.8 | 18.1 | 0.3 | -72.9% |
| Australia | 3.0 | 2.6 | 3.0 | 0.1 | -67.8% |
| United Kingdom | 3.0 | 2.5 | 3.0 | 0.1 | -67.8% |
| Netherlands | 5.4 | 5.3 | 5.3 | 0.1 | -73.5% |
| Germany | 3.1 | 3.3 | 3.7 | 0.1 | -68.2% |
| Spain | 2.5 | 1.9 | 1.1 | N/A | -33.7% |
| South Korea | 1.5 | 1.4 | 1.3 | N/A | -6.9% |
| Japan | 1.6 | 1.3 | 1.2 | N/A | -13.4% |
| Belgium | 1.6 | 1.5 | 1.6 | N/A | 0.0% |
| France | 3.1 | 3.0 | 2.7 | N/A | -6.7% |
| Italy | 1.0 | 0.8 | 0.5 | N/A | -29.3% |
| Others | 14.7 | 10.0 | 11.9 | 0.2 | -76.1% |
| Total | 55.7 | 46.3 | 53.3 | 1.0 | -73.8% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Indonesia in 2022:
- United States (56.6 tons)
- Netherlands (37.0 tons)
- France (17.6 tons)
- Australia (15.4 tons)
- Germany (15.1 tons)
- United Kingdom (11.2 tons)
- South Korea (9.2 tons)
- Belgium (8.8 tons)
- Spain (7.3 tons)
- Japan (4.6 tons)
- Italy (3.6 tons)
Imports of Wood; Statuettes and Other Ornaments of Wood in Indonesia
For the third year in a row, Indonesia recorded decline in supplies from abroad of wood; statuettes and other ornaments of wood, which decreased by -19.5% to 27 tons in 2022. Over the period under review, imports saw a sharp shrinkage.
In value terms, imports of wood; statuettes and other ornaments of wood contracted remarkably to $199K in 2022. Overall, imports faced a sharp descent. The smallest decline of -24.6% was in 2021.
| Import of Wood; Statuettes and Other Ornaments of Wood in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 471 | 221 | 198 | 148 | -32.0% |
| Singapore | 87.7 | 68.1 | 42.9 | 32.0 | -28.5% |
| Others | 132 | 67.2 | 27.7 | 18.9 | -47.7% |
| Total | 690 | 356 | 268 | 199 | -33.9% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Indonesia in 2022:
- China (21.8 tons)
- Singapore (4.5 tons)
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