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

Contents:

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

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

The average export price for wood; statuettes and other ornaments of wood stood at $90,371 per ton in December 2021, picking up by 31% against the previous month. Overall, export price indicated a resilient increase from January 2021 to December 2021: its price increased at an average monthly rate of +5.3% 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 +144.6% against July 2021 indices. The growth pace was the most rapid in August 2021 when the average export price increased by 50% against the previous month. Over the period under review, the average export prices attained the maximum 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 UK ($192K per ton), while the average price for exports to China ($12,051 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 Albania (+190.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $6,140 per ton, approximately equating the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 57%. The import price peaked at $7,215 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,642 per ton), while the price for Senegal ($772 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of wood; statuettes and other ornaments of wood from Italy declined modestly to 423 tons in 2022, which is down by -4.2% against 2021. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 5.5%.

In value terms, exports of wood; statuettes and other ornaments of wood shrank to $21M in 2022. In general, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of $24M, and then reduced in the following year.

Export of Wood; Statuettes and Other Ornaments of Wood in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.16.57.26.2-4.4%
United States1.51.53.73.127.4%
Austria2.32.02.82.41.4%
France3.32.22.72.3-11.3%
Spain1.51.11.01.0-12.6%
Switzerland0.60.50.90.810.1%
United Kingdom1.10.70.50.6-18.3%
Netherlands0.40.50.60.57.7%
Portugal0.90.40.30.5-17.8%
China0.40.20.40.3-9.1%
Israel0.30.20.10.2-12.6%
Greece0.20.10.20.1-20.6%
Others3.92.53.12.9-9.4%
Total23.418.423.520.9-3.7%

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

  1. France (63.9 tons)
  2. Germany (60.8 tons)
  3. Netherlands (40.5 tons)
  4. Spain (37.9 tons)
  5. United States (36.1 tons)
  6. United Kingdom (30.8 tons)
  7. Austria (28.2 tons)
  8. Portugal (10.8 tons)
  9. Greece (9.6 tons)
  10. Switzerland (9.4 tons)
  11. China (9.2 tons)
  12. Israel (8.0 tons)

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

Imports of wood; statuettes and other ornaments of wood into Italy dropped slightly to 2K tons in 2022, declining by -1.7% compared with 2021 figures. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 2.3% against the previous year.

In value terms, imports of wood; statuettes and other ornaments of wood dropped slightly to $13M in 2022. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 3.4%.

Import of Wood; Statuettes and Other Ornaments of Wood in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.56.58.67.6-3.7%
Netherlands0.51.50.60.817.0%
Germany0.70.90.90.84.6%
Indonesia1.00.80.50.7-11.2%
India0.60.20.30.3-20.6%
Belgium0.50.30.30.3-15.7%
Spain0.70.30.10.3-24.6%
Others2.11.81.51.7-6.8%
Total14.612.312.812.6-4.8%

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

  1. China (1359.7 tons)
  2. Indonesia (169.1 tons)
  3. Netherlands (100.6 tons)
  4. Germany (78.7 tons)
  5. Belgium (53.6 tons)
  6. India (38.0 tons)
  7. Spain (36.6 tons)

Source: IndexBox Market Intelligence Platform

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