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

Contents:

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

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

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $7,470 per ton, with a decrease of -5.5% against the previous year. Over the period under review, the import price saw a mild decrease. The growth pace was the most rapid in 2021 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $8,757 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sri Lanka ($7,572 per ton) and India ($7,528 per ton), while the price for Thailand ($6,558 per ton) and the United States ($6,563 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wood; statuettes and other ornaments of wood stood at $9,377 per ton in 2022, picking up by 3.2% against the previous year. In general, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 63% against the previous year. The export price peaked at $29,782 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($9,313 per ton) and Singapore ($8,976 per ton), while the average price for exports to the United States ($8,460 per ton) and Hong Kong SAR ($8,763 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Statuettes and Other Ornaments of Wood in New Zealand

In 2022, imports of wood; statuettes and other ornaments of wood into New Zealand reduced notably to 223 tons, waning by -17.2% against the previous year. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year.

In value terms, imports of wood; statuettes and other ornaments of wood shrank dramatically to $1.7M in 2022. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of $2.1M, and then declined significantly in the following year.

Import of Wood; Statuettes and Other Ornaments of Wood in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9055921,121874-1.2%
Indonesia336212347270-7.0%
India228151261204-3.6%
Australia26.240.968.553.426.8%
Vietnam6.719.058.345.589.4%
Sri Lanka40.220.235.928.0-11.4%
United States33.126.420.320.5-14.8%
Others244140214167-11.9%
Total1,8191,2002,1251,663-2.9%

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

  1. China (116.1 tons)
  2. Indonesia (35.9 tons)
  3. India (27.0 tons)
  4. Australia (7.1 tons)
  5. Vietnam (6.0 tons)
  6. Sri Lanka (3.7 tons)
  7. United States (3.1 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in New Zealand

In 2022, exports of wood; statuettes and other ornaments of wood from New Zealand declined markedly to 4.7 tons, with a decrease of -21.5% on the previous year's figure. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 76%.

In value terms, exports of wood; statuettes and other ornaments of wood reduced markedly to $45K in 2022. Over the period under review, exports recorded a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year.

Export of Wood; Statuettes and Other Ornaments of Wood in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia16.111.016.012.6-7.8%
Cook Islands4.20.613.510.636.2%
United States19.97.56.78.8-23.8%
Singapore9.25.58.16.3-11.9%
Hong Kong SAR14.40.11.24.0-34.8%
China52.5N/AN/AN/A0%
Netherlands12.0N/A4.9N/A-36.1%
Samoa25.2N/AN/AN/A0%
Others19.79.44.52.2-51.8%
Total17334.155.044.5-36.4%

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

  1. Australia (1351.0 kg)
  2. Cook Islands (1188.0 kg)
  3. United States (1038.0 kg)
  4. Singapore (707.0 kg)
  5. Hong Kong SAR (459.0 kg)

Source: IndexBox Market Intelligence Platform

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