Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka - 2022
Contents:
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka (CIF) - 2022
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka (FOB) - 2022
- Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka
- Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka (CIF) - 2022
In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $3,010 per ton, declining by -2.6% against the previous year. In general, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2020 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs at $3,091 per ton in 2021, and then reduced slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,626 per ton), while the price for Japan ($191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka (FOB) - 2022
In 2022, the average export price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $1,383 per ton, with a decrease of -3.8% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $2,744 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,469 per ton), while the average price for exports to Maldives stood at $1,380 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+49.4%), while the prices for the other major destinations experienced a decline.
Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka
Imports of wood; assembled flooring panels, other than multilayer or mosaic into Sri Lanka reduced rapidly to 167 tons in 2022, which is down by -39.4% compared with 2021. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 384% against the previous year. As a result, imports reached the peak of 275 tons, and then declined sharply in the following year.
In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic fell remarkably to $502K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 458%. As a result, imports reached the peak of $851K, and then declined significantly in the following year.
| Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.9 | 74.7 | 203 | 160 | 27.1% |
| Indonesia | 13.7 | 27.2 | 187 | 147 | 120.6% |
| India | 42.8 | 34.6 | 175 | 137 | 47.4% |
| Germany | 0.7 | 1.4 | 49.2 | 38.8 | 281.3% |
| Singapore | 0.3 | 5.8 | 13.6 | 10.7 | 229.2% |
| Japan | 8.6 | 2.6 | 2.2 | 1.7 | -41.7% |
| Saudi Arabia | 75.2 | N/A | N/A | N/A | 0% |
| Others | 17.1 | 6.1 | 222 | 6.1 | -29.1% |
| Total | 236 | 152 | 851 | 502 | 28.6% |
Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Sri Lanka in 2022:
- Indonesia (63.4 tons)
- India (42.6 tons)
- China (38.6 tons)
- Japan (9.0 tons)
- Germany (8.4 tons)
- Singapore (2.8 tons)
Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of wood; assembled flooring panels, other than multilayer or mosaic, when their volume decreased by -9.1% to 27 tons. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 129% against the previous year.
In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic dropped to $38K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 50% against the previous year.
| Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 20.9 | 31.0 | 8.5 | 36.7 | 20.6% |
| United Kingdom | 0.6 | 1.3 | 0.3 | 1.0 | 18.6% |
| United States | N/A | N/A | 34.2 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 21.5 | 32.3 | 43.1 | 37.7 | 20.6% |
Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Sri Lanka in 2022:
- Maldives (26.6 tons)
- United Kingdom (0.7 tons)
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