Price for Wood; Statuettes and Other Ornaments of Wood in Thailand - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Thailand (FOB) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Thailand (CIF) - 2022
- Exports of Wood; Statuettes and Other Ornaments of Wood in Thailand
- Imports of Wood; Statuettes and Other Ornaments of Wood in Thailand
Price for Wood; Statuettes and Other Ornaments of Wood in Thailand (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $5,204 per ton in 2022, shrinking by -7.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2021 when the average export price increased by 24% against the previous year. As a result, the export price attained the peak level of $5,627 per ton, and then declined in the following year.
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 Japan ($13,783 per ton), while the average price for exports to China ($1,533 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 Lao People's Democratic Republic (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Thailand (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $3,102 per ton in 2022, dropping by -1.9% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 39%. Over the period under review, average import prices hit record highs at $5,040 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Vietnam ($21,585 per ton), while the price for Myanmar ($1,838 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Statuettes and Other Ornaments of Wood in Thailand
In 2022, approx. 1.3K tons of wood; statuettes and other ornaments of wood were exported from Thailand; which is down by -10% compared with the previous year. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year.
In value terms, exports of wood; statuettes and other ornaments of wood contracted markedly to $6.8M in 2022. Over the period under review, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of $8.1M, and then contracted rapidly in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,777 | 2,386 | 4,640 | 3,590 | 8.9% |
| China | 690 | 465 | 843 | 652 | -1.9% |
| Japan | 602 | 623 | 498 | 438 | -10.1% |
| United Kingdom | 525 | 198 | 533 | 413 | -7.7% |
| France | 364 | 252 | 178 | 202 | -17.8% |
| Germany | 401 | 171 | 85.5 | 167 | -25.3% |
| Netherlands | 132 | 95.9 | 150 | 116 | -4.2% |
| Australia | 73.4 | 48.0 | 102 | 78.7 | 2.4% |
| Others | 1,907 | 1,162 | 1,086 | 1,101 | -16.7% |
| Total | 7,472 | 5,401 | 8,115 | 6,758 | -3.3% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Thailand in 2022:
- United States (538.5 tons)
- China (425.3 tons)
- United Kingdom (49.1 tons)
- France (38.5 tons)
- Japan (31.8 tons)
- Germany (26.7 tons)
- Australia (24.0 tons)
- Netherlands (23.8 tons)
Imports of Wood; Statuettes and Other Ornaments of Wood in Thailand
In 2022, imports of wood; statuettes and other ornaments of wood into Thailand fell dramatically to 9.8 tons, waning by -96.6% compared with 2021 figures. In general, imports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 159% against the previous year. As a result, imports attained the peak of 288 tons, and then dropped sharply in the following year.
In value terms, imports of wood; statuettes and other ornaments of wood contracted sharply to $30K in 2022. Overall, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of $910K, and then declined dramatically in the following year.
| Import of Wood; Statuettes and Other Ornaments of Wood in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 54.1 | 16.4 | 171 | 14.8 | -35.1% |
| Vietnam | 86.8 | 93.7 | 64.7 | 7.0 | -56.8% |
| India | 40.0 | 38.4 | 7.1 | 2.4 | -60.9% |
| Indonesia | 162 | 140 | 94.2 | 1.7 | -78.1% |
| United Kingdom | 0.5 | 0.4 | 0.2 | 0.9 | 21.6% |
| China | 227 | 154 | 279 | N/A | 10.9% |
| Lao People's Democratic Republic | N/A | 2.5 | 154 | N/A | 6060.0% |
| Others | 58.3 | 114 | 140 | 3.6 | -60.5% |
| Total | 628 | 559 | 910 | 30.4 | -63.6% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Thailand in 2022:
- Myanmar (8.0 tons)
- India (0.6 tons)
- Indonesia (0.3 tons)
- United Kingdom (0.3 tons)
- Vietnam (0.3 tons)
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