Price for Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates
- Exports of Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates
Price for Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $12,621 per ton in 2022, surging by 53% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood; statuettes and other ornaments of wood increased by +117.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 63% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($21,720 per ton), while the price for Rwanda ($4,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $1,423 per ton in 2022, reducing by -85.3% against the previous year. Overall, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2019 an increase of 93% against the previous year. The export price peaked at $9,652 per ton in 2021, and then dropped sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($4,584 per ton), while the average price for exports to Angola ($775 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 Tanzania (+18.6%), 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 United Arab Emirates
In 2022, the amount of wood; statuettes and other ornaments of wood imported into the United Arab Emirates contracted markedly to 13 tons, which is down by -98.3% on the previous year's figure. Over the period under review, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of 737 tons, and then declined dramatically in the following year.
In value terms, imports of wood; statuettes and other ornaments of wood fell sharply to $158K in 2022. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports reached the peak of $6.1M, and then reduced notably in the following year.
| Import of Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 68.9 | 20.9 | 51.7 | 64.5 | -2.2% |
| Lebanon | 96.5 | 15.1 | 34.4 | 40.2 | -25.3% |
| Sri Lanka | 2.7 | 1.1 | 5.0 | 25.0 | 110.0% |
| Ukraine | 0.6 | N/A | 24.3 | 21.3 | 228.7% |
| Palestine | N/A | N/A | 6.7 | 5.0 | -25.4% |
| Rwanda | N/A | N/A | 3.6 | 2.3 | -36.1% |
| China | 1,988 | 2,847 | 4,397 | N/A | 48.7% |
| Senegal | 46.0 | 8.7 | 22.5 | N/A | -30.1% |
| Indonesia | 332 | 164 | 206 | N/A | -21.2% |
| Others | 848 | 773 | 1,332 | N/A | 25.3% |
| Total | 3,382 | 3,830 | 6,083 | 158 | -64.0% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to the United Arab Emirates in 2022:
- Philippines (5.1 tons)
- Sri Lanka (3.0 tons)
- Lebanon (1.8 tons)
- Ukraine (1.7 tons)
- Rwanda (0.5 tons)
- Palestine (0.4 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates
For the third year in a row, the United Arab Emirates recorded decline in shipments abroad of wood; statuettes and other ornaments of wood, which decreased by -81.4% to 4.3 tons in 2022. Overall, exports saw a significant curtailment. The smallest decline of -30.4% was in 2020.
In value terms, exports of wood; statuettes and other ornaments of wood declined markedly to $6.1K in 2022. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2%.
| Export of Wood; Statuettes and Other Ornaments of Wood in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 0.2 | 0.7 | 0.3 | 2.7 | 138.1% |
| Seychelles | 3.5 | 1.6 | 1.0 | 1.4 | -26.3% |
| Rwanda | 4.6 | 0.1 | 2.3 | 0.9 | -41.9% |
| Uganda | 1.2 | N/A | 0.1 | N/A | -71.1% |
| Congo | N/A | 1.2 | N/A | N/A | 0% |
| Lebanon | 3.8 | N/A | 0.2 | N/A | -77.1% |
| Oman | 118 | 116 | 116 | N/A | -0.9% |
| Maldives | 33.8 | 1.5 | 15.5 | N/A | -32.3% |
| Saudi Arabia | N/A | 26.8 | 1.5 | N/A | -94.4% |
| Others | 131 | 59.4 | 84.6 | 1.1 | -79.7% |
| Total | 296 | 207 | 222 | 6.1 | -72.6% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from the United Arab Emirates in 2022:
- Angola (3.5 tons)
- Rwanda (0.4 tons)
- Seychelles (0.3 tons)
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