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

Contents:

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

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

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $5,129 per ton, growing by 22% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% 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 +62.2% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 28%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Indonesia ($13,756 per ton), while the price for the United Arab Emirates ($1,798 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $6,943 per ton, growing by 145% against the previous year. Over the period under review, the export price recorded a tangible increase. The most prominent rate of growth was recorded in 2020 an increase of 146%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +28.5% per year.

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

In 2022, imports of wood; statuettes and other ornaments of wood into Iran was estimated at 34 tons, increasing by 14% compared with the year before. Overall, imports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of 91%. As a result, imports reached the peak of 70 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wood; statuettes and other ornaments of wood skyrocketed to $176K in 2022. Over the period under review, imports recorded a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 99%. As a result, imports attained the peak of $268K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. United Arab Emirates (15.9 tons)
2. China (12.8 tons)
3. Indonesia (4.0 tons)
4. Turkey (1.6 tons)

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

For the third year in a row, Iran recorded decline in overseas shipments of wood; statuettes and other ornaments of wood, which decreased by -99.4% to 545 kg in 2022. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of -40.8% was in 2021.

In value terms, exports of wood; statuettes and other ornaments of wood fell rapidly to $3.8K in 2022. Overall, exports recorded a dramatic descent. The smallest decline of -16.6% was in 2020.

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

1. Georgia (539.0 kg)

Source: IndexBox Market Intelligence Platform