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

Contents:

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

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

In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $3,115 per ton, growing by 6.3% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood; assembled flooring panels, other than multilayer or mosaic increased by +9.6% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 77% against the previous year. The import price peaked at $4,199 per ton in 2017; however, from 2018 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 ($7,537 per ton), while the price for Denmark ($281 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+96.1%), 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 Tanzania (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $3,109 per ton in 2022, with a decrease of -3.7% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 47%. The export price peaked at $20,543 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -17.2% per year.

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

In 2022, overseas purchases of wood; assembled flooring panels, other than multilayer or mosaic were finally on the rise to reach 16 tons after two years of decline. In general, imports, however, showed a sharp descent.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic skyrocketed to $49K in 2022. Over the period under review, imports, however, faced a precipitous contraction.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel54.335.43.418.2-30.5%
Kenya13.815.19.713.0-2.0%
United States2.23.55.96.644.2%
United Arab Emirates13.42.05.76.4-21.8%
Denmark4.03.51.81.9-22.0%
South Africa5.28.80.61.8-29.8%
Italy0.30.10.10.518.6%
China7.50.60.30.3-65.8%
Spain14.2N/AN/AN/A0%
Others2.21.20.80.5-39.0%
Total11770.128.349.2-25.1%

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

  1. Denmark (6.6 tons)
  2. Kenya (2.9 tons)
  3. Israel (2.6 tons)
  4. United Arab Emirates (0.9 tons)
  5. United States (0.9 tons)
  6. China (0.9 tons)
  7. Italy (0.5 tons)
  8. South Africa (0.3 tons)

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

In 2022, approx. 257 kg of wood; assembled flooring panels, other than multilayer or mosaic were exported from Tanzania; with an increase of 23% against the year before. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 129% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic surged to $799 in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 189% against the previous year. As a result, the exports reached the peak of $923. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda12789567579984.6%
Malawi28.0N/AN/AN/A0%
Mali14.0N/AN/AN/A0%
Democratic Republic of the CongoN/A28.0N/AN/A0%
Zambia128N/AN/AN/A0%
Others22.0N/AN/AN/A0%
Total31992367579935.8%

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

  1. Rwanda (257.0 kg)

Source: IndexBox Market Intelligence Platform

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