Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the Dominican Republic - 2022

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the Dominican Republic (CIF) - 2022
  2. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the Dominican Republic

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the Dominican Republic (CIF) - 2022

In 2022, the average import price for wood amounted to $89 per cubic meter, approximately equating the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 increased by +73.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 74%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +27.4% per year.

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the Dominican Republic

In 2022, the amount of wood imported into the Dominican Republic amounted to 693 cubic meters, approximately reflecting 2021. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 111% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of wood reached $62K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 267% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.68.622.861.9122.8%
ChinaN/A4.6N/AN/A0%
United StatesN/A1.838.8N/A2055.6%
Others5.51.8N/AN/A-67.3%
Total11.116.861.661.977.3%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to the Dominican Republic in 2022:

  1. Germany (693.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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