Price for Wood; Statuettes and Other Ornaments of Wood in the United States - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in the United States (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in the United States (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in the United States
- Exports of Wood; Statuettes and Other Ornaments of Wood in the United States
Price for Wood; Statuettes and Other Ornaments of Wood in the United States (CIF) - 2022
In December 2021, the average import price for wood; statuettes and other ornaments of wood amounted to $4,185 per ton, increasing by 7.3% against the previous month. Over the period from January 2021 to December 2021, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 10% against the previous month. The import price peaked at $4,310 per ton in October 2021; however, from November 2021 to December 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was India ($4,179 per ton), while the price for Indonesia ($3,817 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by India (+1.9%), 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 States (FOB) - 2022
In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $54,884 per ton, dropping by -17.8% against the previous year. In general, the export price, however, recorded resilient growth. The growth pace was the most rapid in 2020 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the maximum at $66,743 per ton in 2021, and then fell markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($138,608 per ton), while the average price for exports to Russia ($5,357 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 (+30.8%), 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 States
In 2022, overseas purchases of wood; statuettes and other ornaments of wood decreased by -14.6% to 101K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year.
In value terms, imports of wood; statuettes and other ornaments of wood fell markedly to $381M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $451M, and then declined rapidly in the following year.
| Import of Wood; Statuettes and Other Ornaments of Wood in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 306 | 261 | 371 | 312 | 0.6% |
| India | 28.2 | 19.8 | 33.1 | 27.9 | -0.4% |
| Others | 44.9 | 30.7 | 46.9 | 40.9 | -3.1% |
| Total | 379 | 312 | 451 | 381 | 0.2% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to the United States in 2022:
- China (91.5K tons)
- India (5.6K tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in the United States
In 2022, overseas shipments of wood; statuettes and other ornaments of wood increased by 3.6% to 189 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic contraction.
In value terms, exports of wood; statuettes and other ornaments of wood contracted to $10M in 2022. Over the period under review, exports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. As a result, the exports reached the peak of $12M, and then dropped in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7,517 | 6,386 | 8,314 | 6,921 | -2.7% |
| France | 103 | 40.2 | 656 | 546 | 74.4% |
| United Kingdom | 305 | 160 | 577 | 481 | 16.4% |
| China | 189 | 113 | 546 | 454 | 33.9% |
| Mexico | 870 | 207 | 279 | 371 | -24.7% |
| Germany | 191 | 186 | 166 | 148 | -8.2% |
| Japan | 212 | 106 | 75.5 | 108 | -20.1% |
| Cayman Islands | 247 | 136 | 10.3 | 107 | -24.3% |
| Russia | 333 | 2.6 | 9.4 | 94.3 | -34.3% |
| India | 37.7 | 46.3 | 56.4 | 47.0 | 7.6% |
| Netherlands | 55.4 | 80.0 | 30.2 | 45.3 | -6.5% |
| Turks and Caicos Islands | 3.8 | 3.3 | 30.3 | 25.2 | 87.9% |
| Others | 1,031 | 1,108 | 1,442 | 1,036 | 0.2% |
| Total | 11,093 | 8,575 | 12,193 | 10,384 | -2.2% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from the United States in 2022:
- Canada (56.5 tons)
- China (27.1 tons)
- Mexico (25.1 tons)
- Russia (17.6 tons)
- United Kingdom (13.5 tons)
- India (8.4 tons)
- Germany (5.4 tons)
- Netherlands (4.6 tons)
- France (3.9 tons)
- Japan (3.6 tons)
- Turks and Caicos Islands (3.4 tons)
- Cayman Islands (1.7 tons)
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