Price for Wood; Posts and Beams in Japan - 2021

Contents:

1. Price for Wood; Posts and Beams in Japan (CIF) - 2021
2. Price for Wood; Posts and Beams in Japan (FOB) - 2022
3. Imports of Wood; Posts and Beams in Japan
4. Exports of Wood; Posts and Beams in Japan

Price for Wood; Posts and Beams in Japan (CIF) - 2021

The average wood; posts and beams import price stood at $2,269 per ton in December 2021, jumping by 70% against the previous month. Over the period under review, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in May 2021 an increase of 85% m-o-m. Over the period under review, average import prices attained the maximum in December 2021.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($4,649 per ton), while the price for the Philippines ($1,775 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Romania (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Posts and Beams in Japan (FOB) - 2022

The average wood; posts and beams export price stood at $2,576 per ton in 2022, dropping by -5.4% against the previous year. In general, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2017 an increase of 40% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,737 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($3,076 per ton), while the average price for exports to China ($2,273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Posts and Beams in Japan

In 2022, supplies from abroad of wood; posts and beamses decreased by -4.1% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year.

In value terms, wood; posts and beams imports shrank to $2M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of $2.3M, and then fell in the following year.

Top Suppliers of Wood; Posts and Beams to Japan in 2022:

1. Romania (1535.6 tons)
2. Philippines (98.5 tons)
3. China (30.6 tons)

Exports of Wood; Posts and Beams in Japan

In 2022, the amount of wood; posts and beamses exported from Japan contracted significantly to 137 tons, reducing by -17.1% against the previous year. In general, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 52%.

In value terms, wood; posts and beams exports dropped significantly to $353K in 2022. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year.

Top Export Markets for Wood; Posts and Beams from Japan in 2022:

1. South Korea (115.4 tons)
2. China (15.5 tons)
3. Taiwan (Chinese) (6.2 tons)

Source: IndexBox Market Intelligence Platform