Price for Coniferous Wood in the Rough in Cameroon - 2022
Contents:
- Price for Coniferous Wood in the Rough in Cameroon (FOB) - 2022
- Exports of Coniferous Wood in the Rough in Cameroon
Price for Coniferous Wood in the Rough in Cameroon (FOB) - 2022
In 2022, the average export price for coniferous wood in the rough amounted to $841 per cubic meter, reducing by -9.1% against the previous year. Overall, the export price, however, posted a significant expansion. The pace of growth appeared the most rapid in 2017 an increase of 344%. The export price peaked at $925 per cubic meter in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,757 per cubic meter), while the average price for exports to the United States ($44 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 the United Arab Emirates (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Coniferous Wood in the Rough in Cameroon
In 2022, after three years of growth, there was significant decline in shipments abroad of coniferous wood in the rough, when their volume decreased by -5.6% to 153 cubic meters. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 162 cubic meters, and then contracted in the following year.
In value terms, coniferous wood in the rough exports shrank to $129K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. As a result, the exports attained the peak of $150K, and then shrank in the following year.
| Export of Coniferous Wood in the Rough in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 16.1 | 16.0 | 15.7 | 19.5 | 6.6% |
| United Arab Emirates | 11.8 | 9.5 | 7.5 | 7.6 | -13.6% |
| United States | 4.8 | 3.7 | 2.8 | 2.7 | -17.5% |
| South Korea | 1.4 | 1.1 | 0.8 | 0.8 | -17.0% |
| Others | 57.0 | 77.2 | 123 | 98.0 | 19.8% |
| Total | 91.1 | 108 | 150 | 129 | 12.3% |
Top Export Markets for Coniferous Wood in the Rough from Cameroon in 2022:
- United States (63.0 cubic meters)
- India (46.0 cubic meters)
- United Arab Emirates (3.0 cubic meters)
- South Korea (3.0 cubic meters)
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