Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Oman - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Oman (CIF) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Oman
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Oman (CIF) - 2022
In 2022, the average import price for wood amounted to $32 per cubic meter, dropping by -8.7% against the previous year. Overall, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2021 an increase of 14%. Over the period under review, average import prices attained the maximum at $66 per cubic meter 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 the United States ($50 per cubic meter), while the price for Vietnam ($28 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (-3.8%), while the prices for the other major suppliers experienced a decline.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Oman
For the fourth consecutive year, Oman recorded growth in overseas purchases of wood, which increased by 6.5% to 36K cubic meters in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of wood declined slightly to $1.1M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. Over the period under review, imports of attained the maximum at $1.2M in 2021, and then shrank in the following year.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 281 | 657 | 944 | 973 | 51.3% |
| United States | 65.4 | 36.4 | 64.9 | 54.4 | -6.0% |
| United Arab Emirates | 59.9 | 35.9 | 60.9 | 51.0 | -5.2% |
| Germany | 13.2 | 27.9 | 53.3 | 44.7 | 50.2% |
| Others | 44.8 | 15.8 | 55.5 | 23.0 | -19.9% |
| Total | 464 | 773 | 1,179 | 1,147 | 35.2% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Oman in 2022:
- Sri Lanka (31.8K cubic meters)
- United Arab Emirates (1.2K cubic meters)
- United States (1.1K cubic meters)
- Germany (0.9K cubic meters)
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