Chipped Non-Coniferous Wood Price in Ecuador - 2022
Contents:
- Chipped Non-Coniferous Wood Price in Ecuador (FOB) - 2022
- Chipped Non-Coniferous Wood Price in Ecuador (CIF) - 2022
- Chipped Non-Coniferous Wood Exports in Ecuador
- Chipped Non-Coniferous Wood Imports in Ecuador
Chipped Non-Coniferous Wood Price in Ecuador (FOB) - 2022
In 2022, the average chipped non-coniferous wood export price amounted to $268 per cubic meter, picking up by 16% against the previous year. Over the period under review, the export price showed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +8.2% per year.
Chipped Non-Coniferous Wood Price in Ecuador (CIF) - 2022
In 2022, the average chipped non-coniferous wood import price amounted to $1,206 per cubic meter, growing by 64% against the previous year. Overall, the import price showed significant growth. The pace of growth appeared the most rapid in 2014 an increase of 286% against the previous year. Over the period under review, average import prices hit record highs at $1,489 per cubic meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,702 per cubic meter), while the price for Chile ($204 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+41.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Chipped Non-Coniferous Wood Exports in Ecuador
For the third year in a row, Ecuador recorded decline in shipments abroad of non-coniferous wood in chips or particles, which decreased by -13% to 37K cubic meters in 2022. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -9.5% was in 2021. The exports peaked at 53K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, chipped non-coniferous wood exports reached $10M in 2022. Over the period under review, exports showed a slight downturn. The exports peaked at $10M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Chipped Non-Coniferous Wood in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 10.2 | 9.8 | 9.6 | 9.0 | -4.1% |
| Others | 0.1 | 0.3 | 0.3 | 1.0 | 115.4% |
| Total | 10.3 | 10.1 | 9.9 | 10.0 | -1.0% |
Top Export Markets for Chipped Non-Coniferous Wood from Ecuador in 2022:
- Japan (37.0K cubic meters)
Chipped Non-Coniferous Wood Imports in Ecuador
In 2022, supplies from abroad of non-coniferous wood in chips or particles decreased by 0% to 8 cubic meters, falling for the second consecutive year after two years of growth. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 80%. As a result, imports attained the peak of 9 cubic meters. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, chipped non-coniferous wood imports surged to $9.7K in 2022. Over the period under review, imports posted a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 82% against the previous year. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Chipped Non-Coniferous Wood in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.7 | 12.3 | 0.3 | 8.1 | 12.4% |
| Chile | 1.1 | 0.6 | 0.2 | 0.8 | -10.1% |
| Germany | 0.6 | 0.6 | 0.5 | 0.7 | 5.3% |
| Russia | N/A | N/A | 4.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | 13.4 | 5.9 | 9.7 | 9.4% |
Top Suppliers of Chipped Non-Coniferous Wood to Ecuador in 2022:
- Chile (4.0 cubic meters)
- United States (3.0 cubic meters)
- Germany (1.0 cubic meters)
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