Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea
  4. Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, multilayer, other than mosaic amounted to $3,469 per ton, stabilizing at the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8%. The import price peaked at $3,644 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($4,968 per ton), while the price for Indonesia ($3,034 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea (FOB) - 2022

The average export price for wood; assembled flooring panels, multilayer, other than mosaic stood at $1,980 per ton in 2022, growing by 4.2% against the previous year. Over the period under review, the export price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 an increase of 95%. As a result, the export price reached the peak level of $5,586 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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 Kazakhstan ($6,288 per ton), while the average price for exports to Japan ($187 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 Kazakhstan (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea

In 2022, after three years of growth, there was decline in overseas purchases of wood; assembled flooring panels, multilayer, other than mosaic, when their volume decreased by -2.5% to 6.8K tons. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 5.3%.

In value terms, imports of wood; assembled flooring panels, multilayer, other than mosaic declined to $24M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 6%. As a result, imports reached the peak of $24M, and then reduced in the following year.

Import of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.315.316.416.03.8%
Indonesia4.34.34.33.9-3.2%
Austria0.70.80.80.84.6%
Poland0.40.50.60.614.5%
Others1.92.02.22.25.0%
Total21.622.924.323.63.0%

Top Suppliers of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic to South Korea in 2022:

  1. China (5.0K tons)
  2. Indonesia (1.3K tons)
  3. Austria (0.2K tons)
  4. Poland (0.1K tons)

Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea

After three years of growth, shipments abroad of wood; assembled flooring panels, multilayer, other than mosaic decreased by -4.1% to 5.6 tons in 2022. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.9% against the previous year.

In value terms, exports of wood; assembled flooring panels, multilayer, other than mosaic reduced to $11K in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by less than 0.1%.

Export of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan6.16.16.05.7-2.2%
Vietnam2.02.32.52.710.5%
Italy1.51.41.21.1-9.8%
Russia0.60.70.70.810.1%
Mongolia0.20.20.20.20.0%
Japan0.10.1N/AN/A0.0%
Sweden0.10.10.1N/A0.0%
Others0.60.30.30.3-20.6%
Total11.111.111.111.10.0%

Top Export Markets for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic from South Korea in 2022:

  1. Vietnam (2428.0 kg)
  2. Italy (940.0 kg)
  3. Kazakhstan (914.0 kg)
  4. Russia (764.0 kg)
  5. Mongolia (184.0 kg)
  6. Japan (175.0 kg)
  7. Sweden (67.0 kg)

Source: IndexBox Market Intelligence Platform

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