Chipped Coniferous Wood Price in Sri Lanka - 2021
Contents:
- Chipped Coniferous Wood Price in Sri Lanka (FOB) - 2022
- Chipped Coniferous Wood Price in Sri Lanka (CIF) - 2022
- Chipped Coniferous Wood Exports in Sri Lanka
- Chipped Coniferous Wood Imports in Sri Lanka
Chipped Coniferous Wood Price in Sri Lanka (FOB) - 2022
In 2022, the average chipped coniferous wood export price amounted to $54 per cubic meter, waning by -14.9% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2016 when the average export price increased by 184% against the previous year. Over the period under review, the average export prices reached the peak figure at $383 per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +35.7% per year.
Chipped Coniferous Wood Price in Sri Lanka (CIF) - 2022
In 2022, the average chipped coniferous wood import price amounted to $24 per cubic meter, declining by -83.9% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 3,943%. As a result, import price reached the peak level of $283 per cubic meter. From 2016 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +7.3% per year.
Chipped Coniferous Wood Exports in Sri Lanka
In 2022, approx. 136 cubic meters of coniferous wood in chips or particles were exported from Sri Lanka; increasing by 92% compared with 2021. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, chipped coniferous wood exports surged to $7.4K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chipped Coniferous Wood in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 0.9 | 7.4 | 722.2% |
| Japan | 1.5 | 1.9 | 0.7 | N/A | -31.7% |
| India | 0.6 | 0.8 | 0.3 | N/A | -29.3% |
| United Arab Emirates | 1.2 | 2.4 | 1.0 | N/A | -8.7% |
| Saudi Arabia | N/A | N/A | 1.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 5.0 | 4.5 | 7.4 | 30.9% |
Top Export Markets for Chipped Coniferous Wood from Sri Lanka in 2022:
- Qatar (136.0 cubic meters)
Chipped Coniferous Wood Imports in Sri Lanka
In 2022, purchases abroad of coniferous wood in chips or particles decreased by -50% to 1 cubic meters, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2020 when imports increased by 100%. As a result, imports reached the peak of 4 cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, chipped coniferous wood imports contracted notably to $24 in 2022. In general, imports showed a sharp decline. The smallest decline of -19.7% was in 2020. Over the period under review, imports attained the peak figure at $467 in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Chipped Coniferous Wood in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 24.0 | 0% |
| United Kingdom | 450 | 319 | 299 | N/A | -18.5% |
| Singapore | N/A | 13.0 | N/A | N/A | 0% |
| United States | N/A | 43.0 | N/A | N/A | 0% |
| Others | 17.0 | N/A | N/A | N/A | 0% |
| Total | 467 | 375 | 299 | 24.0 | -62.8% |
Top Suppliers of Chipped Coniferous Wood to Sri Lanka in 2022:
- United Arab Emirates (1.0 cubic meters)
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