Price for Wood; Statuettes and Other Ornaments of Wood in Nepal - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Nepal (FOB) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Nepal (CIF) - 2022
- Exports of Wood; Statuettes and Other Ornaments of Wood in Nepal
- Imports of Wood; Statuettes and Other Ornaments of Wood in Nepal
Price for Wood; Statuettes and Other Ornaments of Wood in Nepal (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $5,054 per ton, with a decrease of -2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 when the average export price increased by 39%. Over the period under review, the average export prices reached the maximum at $6,796 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Taiwan (Chinese) ($17,222 per ton), while the average price for exports to China ($2,403 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 Taiwan (Chinese) (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Nepal (CIF) - 2022
In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $2,070 per ton, shrinking by -32.8% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 +1.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 51%. As a result, import price attained the peak level of $3,079 per ton, and then shrank dramatically in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($2,477 per ton), while the price for China ($2,021 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wood; Statuettes and Other Ornaments of Wood in Nepal
In 2022, the amount of wood; statuettes and other ornaments of wood exported from Nepal shrank markedly to 62 tons, waning by -42.8% compared with the previous year. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 156%.
In value terms, exports of wood; statuettes and other ornaments of wood dropped notably to $312K in 2022. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 124%.
| Export of Wood; Statuettes and Other Ornaments of Wood in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 34.7 | 107 | 52.4 | -21.2% |
| Netherlands | 84.3 | 69.0 | 109 | 40.9 | -21.4% |
| Taiwan (Chinese) | 14.1 | 12.3 | 12.3 | 25.1 | 21.2% |
| United States | 45.6 | 14.0 | 25.3 | 17.8 | -26.9% |
| Belgium | 52.3 | 1.3 | 10.0 | 12.7 | -37.6% |
| United Kingdom | 10.0 | 11.0 | 10.4 | 12.1 | 6.6% |
| Japan | 13.7 | 12.1 | 18.7 | 9.2 | -12.4% |
| Spain | 24.3 | 4.8 | 14.5 | 8.8 | -28.7% |
| France | 34.7 | 0.7 | 6.8 | 8.4 | -37.7% |
| South Korea | 12.5 | 4.9 | 15.4 | 7.5 | -15.7% |
| India | 4.5 | 1.4 | 12.8 | 6.3 | 11.9% |
| Italy | 25.5 | 12.8 | 19.0 | 5.5 | -40.0% |
| Belarus | 0.3 | 0.6 | 8.2 | 4.0 | 137.1% |
| Others | 130 | 69.1 | 187 | 101 | -8.1% |
| Total | 559 | 249 | 556 | 312 | -17.7% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Nepal in 2022:
- China (21.8 tons)
- Netherlands (10.0 tons)
- United States (6.9 tons)
- South Korea (2.7 tons)
- United Kingdom (2.1 tons)
- India (2.0 tons)
- Japan (1.9 tons)
- Belarus (1.6 tons)
- Taiwan (Chinese) (1.5 tons)
- Spain (1.2 tons)
- Belgium (0.8 tons)
- France (0.7 tons)
- Italy (0.6 tons)
Imports of Wood; Statuettes and Other Ornaments of Wood in Nepal
After two years of decline, overseas purchases of wood; statuettes and other ornaments of wood increased by 303% to 21 tons in 2022. In general, imports, however, continue to indicate a deep reduction.
In value terms, imports of wood; statuettes and other ornaments of wood surged to $43K in 2022. Over the period under review, imports, however, continue to indicate a precipitous curtailment.
| Import of Wood; Statuettes and Other Ornaments of Wood in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.0 | 9.3 | 2.6 | 26.6 | -11.2% |
| India | 49.5 | 8.5 | 2.6 | 15.0 | -32.8% |
| Indonesia | 2.5 | 1.1 | 0.3 | 0.8 | -31.6% |
| Israel | N/A | N/A | 10.3 | N/A | 0% |
| Others | 4.3 | 0.9 | 0.2 | 0.9 | -40.6% |
| Total | 94.4 | 19.8 | 16.0 | 43.4 | -22.8% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Nepal in 2022:
- China (13.2 tons)
- India (7.3 tons)
- Indonesia (0.3 tons)
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