Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India (CIF) - 2022
In 2022, the average import price for wood amounted to $18 per cubic meter, declining by -8% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by 24%. Over the period under review, average import prices reached the maximum at $38 per cubic meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($32 per cubic meter), while the price for Japan ($8.1 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-5.1%), while the prices for the other major suppliers experienced a decline.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India (FOB) - 2022
In 2022, the average export price for wood amounted to $45 per cubic meter, declining by -8.7% against the previous year. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. As a result, the export price attained the peak level of $91 per cubic meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($86 per cubic meter), while the average price for exports to Japan stood at $44 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+39.9%).
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India
Imports of wood into India rose remarkably to 25K cubic meters in 2022, with an increase of 9.2% compared with the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of wood totaled $456K in 2022. In general, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of reached the peak figure at $576K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 108 | 130 | 187 | 176 | 17.7% |
| Vietnam | 90.8 | 95.9 | 89.7 | 109 | 6.3% |
| United States | 0.4 | 23.3 | 65.8 | 62.1 | 437.5% |
| Singapore | 36.9 | 21.6 | 6.6 | 27.3 | -9.6% |
| Japan | 12.7 | 6.5 | 8.3 | 10.9 | -5.0% |
| South Korea | 10.0 | 1.9 | 3.6 | 6.2 | -14.7% |
| Ukraine | 5.7 | 3.7 | 2.0 | 4.7 | -6.2% |
| Germany | 136 | N/A | N/A | N/A | 0% |
| Others | 175 | 22.1 | 90.8 | 59.3 | -30.3% |
| Total | 576 | 305 | 453 | 456 | -7.5% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to India in 2022:
- China (7.3K cubic meters)
- United States (7.1K cubic meters)
- Vietnam (3.4K cubic meters)
- Singapore (3.3K cubic meters)
- Japan (1.3K cubic meters)
- South Korea (0.8K cubic meters)
- Ukraine (0.6K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India
In 2022, approx. 713 cubic meters of wood were exported from India; surging by 10% against 2021 figures. In general, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 500%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of wood stood at $32K in 2022. Over the period under review, exports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 507% against the previous year. The exports peaked at $36K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 32.4 | 5.1 | 26.4 | 29.6 | -3.0% |
| Egypt | 0.1 | N/A | 1.5 | 1.5 | 146.6% |
| Others | 3.2 | 0.1 | 4.3 | 1.3 | -25.9% |
| Total | 35.7 | 5.3 | 32.2 | 32.4 | -3.2% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from India in 2022:
- Japan (675.0 cubic meters)
- Egypt (17.0 cubic meters)
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