Chipped Non-Coniferous Wood Price in New Zealand - 2023
Contents:
- Chipped Non-Coniferous Wood Price in New Zealand (FOB) - 2023
- Chipped Non-Coniferous Wood Price in New Zealand (CIF) - 2022
- Chipped Non-Coniferous Wood Exports in New Zealand
- Chipped Non-Coniferous Wood Imports in New Zealand
Chipped Non-Coniferous Wood Price in New Zealand (FOB) - 2023
The average chipped non-coniferous wood export price stood at $79.2 per cubic meter in July 2023, shrinking by -93.9% against the previous month. Overall, the export price, however, continues to indicate a slight increase. The most prominent rate of growth was recorded in June 2023 an increase of 1,540% against the previous month. As a result, the export price attained the peak level of $1,292 per cubic meter, and then contracted significantly in the following month.
As there is only one major export destination, the average price level is determined by prices for Japan.
From July 2022 to July 2023, the rate of growth in terms of prices for Japan amounted to +1.3% per month.
Chipped Non-Coniferous Wood Price in New Zealand (CIF) - 2022
In 2022, the average chipped non-coniferous wood import price amounted to $1,164 per cubic meter, growing by 14% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chipped non-coniferous wood import price decreased by -27.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 81%. As a result, import price attained the peak level of $1,890 per cubic meter. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,781 per cubic meter), while the price for Australia ($274 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 (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Chipped Non-Coniferous Wood Exports in New Zealand
In 2022, approx. 619K cubic meters of non-coniferous wood in chips or particles were exported from New Zealand; picking up by 56% compared with 2021. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, chipped non-coniferous wood exports skyrocketed to $41M in 2022. Overall, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chipped Non-Coniferous Wood in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 24.6 | 18.7 | 25.7 | 40.8 | 18.4% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 24.6 | 18.7 | 25.7 | 41.0 | 18.6% |
Top Export Markets for Chipped Non-Coniferous Wood from New Zealand in 2022:
- Japan (618.5K cubic meters)
Chipped Non-Coniferous Wood Imports in New Zealand
In 2022, approx. 280 cubic meters of non-coniferous wood in chips or particles were imported into New Zealand; which is down by -31% against the year before. In general, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of 406 cubic meters, and then dropped significantly in the following year.
In value terms, chipped non-coniferous wood imports dropped rapidly to $326K in 2022. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2021 when imports increased by 8.3%. Over the period under review, imports attained the maximum at $473K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Chipped Non-Coniferous Wood in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 337 | 238 | 234 | 128 | -27.6% |
| United States | 102 | 70.5 | 116 | 93.4 | -2.9% |
| Canada | N/A | 25.2 | 44.7 | 45.5 | 34.4% |
| Germany | N/A | 9.8 | 9.3 | 18.8 | 38.5% |
| Ukraine | N/A | 7.4 | 7.7 | 16.5 | 49.3% |
| China | 16.2 | 14.5 | N/A | 13.6 | -5.7% |
| Australia | 0.1 | 0.9 | 4.2 | 9.9 | 362.6% |
| Others | 16.8 | 16.7 | N/A | 0.3 | -73.9% |
| Total | 473 | 383 | 415 | 326 | -11.7% |
Top Suppliers of Chipped Non-Coniferous Wood to New Zealand in 2022:
- United States (102.0 cubic meters)
- Germany (48.0 cubic meters)
- France (46.0 cubic meters)
- Australia (36.0 cubic meters)
- Canada (22.0 cubic meters)
- Ukraine (12.0 cubic meters)
- China (12.0 cubic meters)
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