Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India - 2023

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India (CIF) - 2022

The average import price for wood; assembled flooring panels, other than multilayer or mosaic stood at $1,213 per ton in 2022, waning by -3.2% against the previous year. Overall, the import price showed a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 17% against the previous year. The import price peaked at $3,110 per ton in 2012; however, from 2013 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 Indonesia ($2,110 per ton), while the price for Vietnam ($930 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-2.2%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India (FOB) - 2022

In 2022, the average export price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $2,386 per ton, falling by -3.8% against the previous year. In general, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 47% against the previous year. The export price peaked at $4,040 per ton in 2017; however, from 2018 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 the United States ($3,818 per ton), while the average price for exports to Oman ($662 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India

Imports of wood; assembled flooring panels, other than multilayer or mosaic into India skyrocketed to 14K tons in 2022, jumping by 64% on 2021. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic skyrocketed to $17M in 2022. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.93.04.67.314.2%
Thailand0.30.41.93.0115.4%
Malaysia1.31.11.32.117.3%
Vietnam1.00.80.71.39.1%
Indonesia0.30.30.40.732.6%
Turkey0.2N/A0.30.535.7%
Germany0.60.10.20.4-12.6%
Others1.61.01.52.19.5%
Total10.26.810.917.319.3%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to India in 2022:

  1. China (7.1K tons)
  2. Thailand (2.8K tons)
  3. Vietnam (1.4K tons)
  4. Malaysia (1.2K tons)
  5. Germany (0.4K tons)
  6. Turkey (0.3K tons)
  7. Indonesia (0.3K tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India

Exports of wood; assembled flooring panels, other than multilayer or mosaic from India expanded remarkably to 532 tons in 2022, surging by 13% compared with the previous year. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +58.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic rose notably to $1.3M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.1% 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 +51.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4532624234650.9%
Bhutan2062912142476.2%
Nepal15819221723914.8%
United Arab Emirates6.29.489.398.2151.1%
Netherlands21.710.073.080.454.7%
South Korea10.811.853.558.976.0%
Japan4.57.927.630.388.8%
Oman2.74.95.56.131.2%
Others14151.168.243.5-32.4%
Total1,0038391,1711,2698.2%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from India in 2022:

  1. Bhutan (166.9 tons)
  2. United States (121.9 tons)
  3. Nepal (92.2 tons)
  4. United Arab Emirates (69.4 tons)
  5. Netherlands (25.2 tons)
  6. South Korea (20.3 tons)
  7. Japan (11.3 tons)
  8. Oman (9.2 tons)

Source: IndexBox Market Intelligence Platform

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