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

Contents:

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

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

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $6,302 per ton, with a decrease of -6.6% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the maximum at $6,745 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($20,321 per ton), while the price for Turkey ($2,836 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wood; statuettes and other ornaments of wood stood at $8,439 per ton in 2022, surging by 32% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 50% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,387 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($15,605 per ton), while the average price for exports to Croatia ($4,629 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 Russia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, purchases abroad of wood; statuettes and other ornaments of wood increased by 6.2% to 77 tons in 2022. In general, imports, however, recorded a noticeable contraction.

In value terms, imports of wood; statuettes and other ornaments of wood contracted slightly to $482K in 2022. The total import value increased at an average annual rate of +12.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 42% against the previous year.

Import of Wood; Statuettes and Other Ornaments of Wood in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24033635935513.9%
Spain10.226.827.126.838.0%
India13.023.318.518.312.1%
Greece8.517.218.518.329.1%
Turkey2.52.710.910.862.9%
Indonesia15.313.72.010.1-12.9%
Netherlands1.51.55.45.453.3%
Others44.857.245.038.0-5.3%
Total33647948648212.8%

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

  1. China (61.7 tons)
  2. Turkey (3.8 tons)
  3. India (2.8 tons)
  4. Indonesia (2.2 tons)
  5. Netherlands (1.3 tons)
  6. Spain (1.3 tons)
  7. Greece (1.2 tons)

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

In 2022, overseas shipments of wood; statuettes and other ornaments of wood decreased by -10.4% to 12 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 104% against the previous year.

In value terms, exports of wood; statuettes and other ornaments of wood surged to $101K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 86%. As a result, the exports attained the peak of $117K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wood; Statuettes and Other Ornaments of Wood in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.189.722.240.9642.3%
Switzerland13.42.520.823.220.1%
Austria16.69.517.119.04.6%
Bosnia and Herzegovina11.68.29.010.5-3.3%
Croatia1.13.92.62.938.1%
Montenegro3.32.00.92.3-11.3%
North MacedoniaN/A0.41.82.0123.6%
Russia13.3N/AN/AN/A0%
IrelandN/AN/A7.0N/A0%
Others3.30.64.70.7-40.4%
Total62.711786.110117.2%

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

  1. Germany (5.4 tons)
  2. Switzerland (2.4 tons)
  3. Bosnia and Herzegovina (1.6 tons)
  4. Austria (1.2 tons)
  5. Croatia (0.6 tons)
  6. Montenegro (0.3 tons)
  7. North Macedonia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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