Price for Wood; Statuettes and Other Ornaments of Wood in the UK - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in the UK (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in the UK (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in the UK
- Exports of Wood; Statuettes and Other Ornaments of Wood in the UK
Price for Wood; Statuettes and Other Ornaments of Wood in the UK (CIF) - 2022
In November 2021, the average import price for wood; statuettes and other ornaments of wood amounted to $7,218 per ton, increasing by 2% against the previous month. Overall, import price indicated moderate growth from January 2021 to November 2021: its price increased at an average monthly rate of +2.3% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2021 figures, import price for wood; statuettes and other ornaments of wood decreased by -18.9% against September 2021 indices. The pace of growth appeared the most rapid in September 2021 an increase of 22% against the previous month. As a result, import price attained the peak level of $8,896 per ton. From October 2021 to November 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2021, the country with the highest price was China ($7,682 per ton), while the price for Indonesia ($4,198 per ton) was amongst the lowest.
From January 2021 to November 2021, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wood; Statuettes and Other Ornaments of Wood in the UK (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $11,014 per ton, reducing by -9.8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 33% against the previous year. The export price peaked at $12,204 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($24,260 per ton), while the average price for exports to Ireland ($5,070 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 France (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in the UK
In 2022, the amount of wood; statuettes and other ornaments of wood imported into the UK fell to 6.1K tons, dropping by -9.1% against 2021. Over the period under review, imports showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, imports reached the peak of 6.7K tons, and then dropped in the following year.
In value terms, imports of wood; statuettes and other ornaments of wood contracted to $38M in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of $44M, and then declined in the following year.
| Import of Wood; Statuettes and Other Ornaments of Wood in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.9 | 22.4 | 33.1 | 28.0 | 0.1% |
| Indonesia | 2.3 | 1.6 | 2.6 | 2.2 | -1.5% |
| India | 1.7 | 1.4 | 1.8 | 1.5 | -4.1% |
| Netherlands | 0.7 | 0.8 | 1.6 | 1.4 | 26.0% |
| Others | 5.3 | 5.0 | 4.8 | 4.5 | -5.3% |
| Total | 38.0 | 31.2 | 44.0 | 37.6 | -0.4% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to the UK in 2022:
- China (4.7K tons)
- Indonesia (0.5K tons)
- India (0.3K tons)
- Netherlands (0.2K tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in the UK
In 2022, after two years of decline, there was significant growth in overseas shipments of wood; statuettes and other ornaments of wood, when their volume increased by 36% to 483 tons. Over the period under review, exports, however, saw a abrupt slump.
In value terms, exports of wood; statuettes and other ornaments of wood surged to $5.3M in 2022. Overall, exports, however, showed a abrupt contraction.
| Export of Wood; Statuettes and Other Ornaments of Wood in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1,679 | 1,578 | 903 | 1,253 | -9.3% |
| France | 986 | 930 | 910 | 851 | -4.8% |
| Germany | 570 | 479 | 756 | 693 | 6.7% |
| Netherlands | 841 | 270 | 223 | 402 | -21.8% |
| United States | 546 | 221 | 254 | 308 | -17.4% |
| Macao SAR | 4.3 | 937 | 2.8 | 285 | 304.7% |
| Spain | 187 | 131 | 138 | 137 | -9.9% |
| Italy | 186 | 159 | 76.8 | 127 | -11.9% |
| Others | 1,620 | 1,585 | 1,086 | 1,263 | -8.0% |
| Total | 6,620 | 6,290 | 4,350 | 5,320 | -7.0% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from the UK in 2022:
- Ireland (247.2 tons)
- France (59.6 tons)
- Germany (50.0 tons)
- Netherlands (20.2 tons)
- Macao SAR (15.2 tons)
- United States (12.7 tons)
- Spain (8.8 tons)
- Italy (6.2 tons)
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