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

Contents:

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

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

In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $10,216 per ton, dropping by -51.7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 69%. The export price peaked at $21,155 per ton in 2021, and then reduced rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($16,218 per ton), while the average price for exports to the Philippines stood at $1,210 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2021, the average import price for wood; statuettes and other ornaments of wood amounted to $17,973 per ton, with an increase of 6.7% against the previous month. In general, the import price, however, recorded a noticeable contraction. The growth pace was the most rapid in June 2021 an increase of 33% against the previous month. The import price peaked at $28,557 per ton in January 2021; however, from February 2021 to November 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2021, the country with the highest price was Vietnam ($30,163 per ton), while the price for Indonesia ($6,760 per ton) was amongst the lowest.

From January 2021 to November 2021, the most notable rate of growth in terms of prices was attained by Vietnam (-0.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of wood; statuettes and other ornaments of wood exported from Japan dropped remarkably to 53 tons, reducing by -85.5% on the year before. In general, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 8%. As a result, the exports attained the peak of 364 tons, and then reduced notably in the following year.

In value terms, exports of wood; statuettes and other ornaments of wood shrank significantly to $539K in 2022. Overall, exports saw a significant contraction. The pace of growth was the most pronounced in 2020 when exports increased by 66%.

Export of Wood; Statuettes and Other Ornaments of Wood in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)4076087685138.0%
Philippines17.638.782.525.513.2%
Macao SAR6151,020950N/A24.3%
Hong Kong SAR318217373N/A8.3%
China7461,7782,257N/A73.9%
United States1171331,379N/A243.3%
Australia74.289.6259N/A86.8%
Others8211,2881,6330.1-95.0%
Total3,1165,1727,702539-44.3%

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

  1. Taiwan (Chinese) (31.7 tons)
  2. Philippines (21.1 tons)

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

In 2022, approx. 44 tons of wood; statuettes and other ornaments of wood were imported into Japan; dropping by -98.3% compared with the previous year. In general, imports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 5.2% against the previous year.

In value terms, imports of wood; statuettes and other ornaments of wood contracted rapidly to $527K in 2022. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 7.7% against the previous year.

Import of Wood; Statuettes and Other Ornaments of Wood in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.50.40.30.2-26.3%
Philippines2.21.20.70.2-55.0%
Ukraine0.10.20.20.10.0%
China23.921.224.3N/A0.8%
Vietnam1.21.20.8N/A-18.4%
Indonesia1.61.31.2N/A-13.4%
Others3.53.63.6N/A1.4%
Total33.029.031.20.5-75.3%

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

  1. Philippines (34.1 tons)
  2. Taiwan (Chinese) (7.3 tons)
  3. Ukraine (2.6 tons)

Source: IndexBox Market Intelligence Platform

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