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

Contents:

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

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

The average import price for wood; statuettes and other ornaments of wood stood at $9,832 per ton in 2022, waning by -26.4% against the previous year. Overall, the import price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of 31%. The import price peaked at $14,504 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($32,246 per ton), while the price for Estonia ($3,207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wood; statuettes and other ornaments of wood stood at $16,920 per ton in 2022, jumping by 32% against the previous year. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 57% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 ($134,182 per ton), while the average price for exports to Sweden ($12,090 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 the UK (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of wood; statuettes and other ornaments of wood imported into Norway expanded slightly to 428 tons, increasing by 3.5% on 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of wood; statuettes and other ornaments of wood contracted significantly to $4.2M in 2022. The total import value increased at an average annual rate of +2.0% 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 40% against the previous year. As a result, imports reached the peak of $5.5M, and then dropped sharply in the following year.

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

1. China (238.2 tons)
2. India (66.7 tons)
3. Vietnam (25.4 tons)
4. Denmark (25.1 tons)
5. Philippines (13.8 tons)
6. Estonia (13.0 tons)
7. Indonesia (12.1 tons)
8. Sweden (7.1 tons)
9. Germany (6.5 tons)

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

In 2022, overseas shipments of wood; statuettes and other ornaments of wood decreased by -15.8% to 2.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, the exports attained the peak of 3.4 tons, and then shrank dramatically in the following year.

In value terms, exports of wood; statuettes and other ornaments of wood expanded sharply to $49K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

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

1. Sweden (2387.0 kg)
2. Denmark (301.0 kg)
3. Netherlands (55.0 kg)
4. Germany (55.0 kg)

Source: IndexBox Market Intelligence Platform