Price for Wood; Statuettes and Other Ornaments of Wood in Malaysia - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Malaysia (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Malaysia (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Malaysia
- Exports of Wood; Statuettes and Other Ornaments of Wood in Malaysia
Price for Wood; Statuettes and Other Ornaments of Wood in Malaysia (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $4,296 per ton in 2022, declining by -17.3% against the previous year. Overall, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 65% against the previous year. The import price peaked at $5,197 per ton in 2021, and then shrank sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($6,512 per ton), while the price for Indonesia ($3,691 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Malaysia (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $972 per ton in 2022, declining by -4.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 26%. Over the period under review, the average export prices attained the peak figure at $1,056 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($3,456 per ton), while the average price for exports to France ($526 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 Belgium (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Malaysia
Imports of wood; statuettes and other ornaments of wood into Malaysia shrank modestly to 174 tons in 2022, waning by -2.5% on the previous year's figure. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 5.6% against the previous year.
In value terms, imports of wood; statuettes and other ornaments of wood declined dramatically to $746K in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year.
| Import of Wood; Statuettes and Other Ornaments of Wood in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 682 | 366 | 579 | 479 | -11.1% |
| Indonesia | 129 | 76.4 | 143 | 118 | -2.9% |
| India | 15.8 | 6.6 | 79.4 | 65.7 | 60.8% |
| Thailand | 26.9 | 11.7 | 17.2 | 15.2 | -17.3% |
| Vietnam | 8.2 | 0.7 | 16.9 | 14.0 | 19.5% |
| Others | 69.4 | 105 | 91.4 | 54.3 | -7.9% |
| Total | 931 | 566 | 926 | 746 | -7.1% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Malaysia in 2022:
- China (124.6 tons)
- Indonesia (32.0 tons)
- India (10.1 tons)
- Vietnam (3.2 tons)
- Thailand (2.8 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Malaysia
In 2022, the amount of wood; statuettes and other ornaments of wood exported from Malaysia dropped dramatically to 530 tons, which is down by -26.7% against 2021 figures. Over the period under review, exports recorded a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by 101% against the previous year. As a result, the exports attained the peak of 723 tons, and then declined remarkably in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood declined sharply to $515K in 2022. Overall, exports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 153% against the previous year. As a result, the exports reached the peak of $738K, and then dropped rapidly in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 75.7 | 43.7 | 174 | 141 | 23.0% |
| Germany | 81.4 | 41.0 | 122 | 98.7 | 6.6% |
| Netherlands | 15.7 | 34.3 | 81.5 | 66.2 | 61.6% |
| United States | 76.0 | 42.2 | 50.5 | 45.0 | -16.0% |
| United Kingdom | 17.4 | 26.6 | 45.7 | 37.1 | 28.7% |
| Taiwan (Chinese) | 25.2 | 19.7 | 34.9 | 28.3 | 3.9% |
| Poland | 39.2 | 3.7 | 34.5 | 28.1 | -10.5% |
| Australia | 17.0 | 9.1 | 29.0 | 23.6 | 11.6% |
| France | 23.7 | 24.3 | 24.6 | 20.0 | -5.5% |
| Others | 117 | 46.9 | 142 | 26.6 | -39.0% |
| Total | 489 | 291 | 738 | 515 | 1.7% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Malaysia in 2022:
- Germany (167.1 tons)
- Netherlands (85.7 tons)
- United States (72.5 tons)
- United Kingdom (52.0 tons)
- Singapore (40.9 tons)
- France (38.0 tons)
- Australia (22.5 tons)
- Poland (21.7 tons)
- Taiwan (Chinese) (20.5 tons)
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