Chipped Coniferous Wood Price in Serbia - 2023
Contents:
- Chipped Coniferous Wood Price in Serbia (CIF) - 2022
- Chipped Coniferous Wood Price in Serbia (FOB) - 2022
- Chipped Coniferous Wood Imports in Serbia
- Chipped Coniferous Wood Exports in Serbia
Chipped Coniferous Wood Price in Serbia (CIF) - 2022
In 2022, the average chipped coniferous wood import price amounted to $16 per cubic meter, jumping by 41% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chipped coniferous wood import price increased by +102.3% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Bosnia and Herzegovina.
From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +8.4% per year.
Chipped Coniferous Wood Price in Serbia (FOB) - 2022
The average chipped coniferous wood export price stood at $9.8 per cubic meter in 2022, declining by -5.3% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 63%. The export price peaked at $100 per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($16 per cubic meter), while the average price for exports to Montenegro ($8.8 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (-0.6%).
Chipped Coniferous Wood Imports in Serbia
In 2022, supplies from abroad of coniferous wood in chips or particles decreased by -26.4% to 24K cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 105% against the previous year. Imports peaked at 33K cubic meters in 2021, and then shrank significantly in the following year.
In value terms, chipped coniferous wood imports expanded to $390K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 133% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Chipped Coniferous Wood in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 107 | 263 | 370 | 375 | 51.9% |
| Others | 9.0 | 7.8 | 7.2 | 14.8 | 18.0% |
| Total | 116 | 271 | 377 | 390 | 49.8% |
Top Suppliers of Chipped Coniferous Wood to Serbia in 2022:
- Bosnia and Herzegovina (23.9K cubic meters)
Chipped Coniferous Wood Exports in Serbia
In 2022, the amount of coniferous wood in chips or particles exported from Serbia declined significantly to 3.5K cubic meters, waning by -47.4% against 2021 figures. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, the exports reached the peak of 6.6K cubic meters, and then dropped notably in the following year.
In value terms, chipped coniferous wood exports fell notably to $34K in 2022. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $69K, and then dropped notably in the following year.
| Export of Chipped Coniferous Wood in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 38.4 | 39.7 | 46.6 | 18.9 | -21.0% |
| Montenegro | N/A | N/A | N/A | 8.9 | 0% |
| North Macedonia | 18.7 | 10.4 | 19.6 | 5.9 | -31.9% |
| Slovenia | 3.3 | 1.1 | 1.8 | 0.4 | -50.5% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 60.3 | 51.3 | 68.5 | 34.1 | -17.3% |
Top Export Markets for Chipped Coniferous Wood from Serbia in 2022:
- Bosnia and Herzegovina (2093.0 cubic meters)
- Montenegro (1005.0 cubic meters)
- North Macedonia (365.0 cubic meters)
- Slovenia (26.0 cubic meters)
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