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

Contents:

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

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

In December 2021, the average import price for wood; statuettes and other ornaments of wood amounted to $6,885 per ton, falling by -24.6% against the previous month. In general, the import price saw a slight decline. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 73% month-to-month. Over the period under review, average import prices reached the peak figure at $17,197 per ton in August 2021; however, from September 2021 to December 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Denmark ($92,517 per ton), while the price for the Netherlands ($4,421 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Denmark (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $4,734 per ton, which is down by -11.2% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices attained the peak figure at $22,186 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13,531 per ton), while the average price for exports to France ($3,916 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 Spain (+6.5%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, overseas purchases of wood; statuettes and other ornaments of wood decreased by -9.8% to 100 tons in 2022. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports reached the peak of 111 tons, and then declined in the following year.

In value terms, imports of wood; statuettes and other ornaments of wood declined to $808K in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of $949K, and then dropped in the following year.

Import of Wood; Statuettes and Other Ornaments of Wood in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands74.219730525150.1%
Belgium16614630124814.3%
Germany10920118014810.7%
France35.040.558.347.911.0%
China1350.45.638.0-34.5%
Denmark14.918.228.323.316.1%
Thailand2.413.80.54.523.3%
Others15250.969.948.1-31.9%
Total6886689498085.5%

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

  1. Netherlands (45.6 tons)
  2. Germany (21.7 tons)
  3. Belgium (12.8 tons)
  4. France (7.0 tons)
  5. China (6.7 tons)
  6. Denmark (2.2 tons)
  7. Thailand (1.6 tons)

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

In 2022, approx. 2.6 tons of wood; statuettes and other ornaments of wood were exported from Luxembourg; which is down by -10.2% on the year before. In general, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 116% against the previous year. As a result, the exports reached the peak of 2.9 tons, and then shrank in the following year.

In value terms, exports of wood; statuettes and other ornaments of wood fell significantly to $12K in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 68%.

Export of Wood; Statuettes and Other Ornaments of Wood in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.31.810.36.772.7%
Belgium7.31.72.62.5-30.0%
Netherlands2.53.61.51.6-13.8%
Germany4.90.70.61.3-35.7%
Others0.51.10.3N/A-22.5%
Total16.49.115.312.2-9.4%

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

  1. France (1720.0 kg)
  2. Belgium (416.0 kg)
  3. Netherlands (342.0 kg)
  4. Germany (98.0 kg)

Source: IndexBox Market Intelligence Platform

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