Price for Wood; Posts and Beams in Singapore - 2021
Contents:
- Price for Wood; Posts and Beams in Singapore (CIF) - 2022
- Price for Wood; Posts and Beams in Singapore (FOB) - 2022
- Imports of Wood; Posts and Beams in Singapore
- Exports of Wood; Posts and Beams in Singapore
Price for Wood; Posts and Beams in Singapore (CIF) - 2022
The average wood; posts and beams import price stood at $1,390 per ton in 2022, waning by -3% against the previous year. Over the period under review, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 an increase of 33%. Over the period under review, average import prices reached the maximum at $2,529 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($1,482 per ton) and China ($1,482 per ton), while the price for the United States ($1,051 per ton) and Austria ($1,104 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-1.7%), while the prices for the other major suppliers experienced a decline.
Price for Wood; Posts and Beams in Singapore (FOB) - 2022
The average wood; posts and beams export price stood at $1,245 per ton in 2022, dropping by -10.1% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. The export price peaked at $2,219 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,915 per ton), while the average price for exports to Maldives ($386 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 Hong Kong SAR (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Posts and Beams in Singapore
In 2022, approx. 483 tons of wood; posts and beamses were imported into Singapore; waning by -43.3% against the year before. Over the period under review, imports, however, showed modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 648%. As a result, imports reached the peak of 853 tons, and then fell markedly in the following year.
In value terms, wood; posts and beams imports reduced markedly to $672K in 2022. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 896%. As a result, imports attained the peak of $1.2M, and then contracted sharply in the following year.
| Import of Wood; Posts and Beams in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 132 | 52.9 | 667 | 306 | 32.3% |
| United States | 71.0 | 24.4 | 190 | 104 | 13.6% |
| Australia | 5.6 | 3.4 | 46.5 | 95.4 | 157.3% |
| Belgium | 89.9 | 19.4 | 71.1 | 55.4 | -14.9% |
| China | 16.8 | 5.5 | 55.5 | 25.4 | 14.8% |
| Austria | 27.2 | 1.4 | 34.5 | 15.9 | -16.4% |
| Others | 133 | 15.6 | 157 | 69.6 | -19.4% |
| Total | 476 | 123 | 1,221 | 672 | 12.2% |
Top Suppliers of Wood; Posts and Beams to Singapore in 2022:
- South Korea (206.7 tons)
- United States (99.0 tons)
- Australia (66.6 tons)
- Belgium (43.6 tons)
- China (17.2 tons)
- Austria (14.4 tons)
Exports of Wood; Posts and Beams in Singapore
In 2022, approx. 23 tons of wood; posts and beamses were exported from Singapore; reducing by -1.7% compared with the year before. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 3.5% against the previous year.
In value terms, wood; posts and beams exports fell to $29K in 2022. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 30%.
| Export of Wood; Posts and Beams in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.3 | 6.5 | 11.2 | 9.8 | 43.7% |
| Hong Kong SAR | 6.3 | 6.5 | 7.3 | 6.3 | 0.0% |
| Maldives | 2.1 | 5.5 | 6.9 | 6.0 | 41.9% |
| Philippines | 5.4 | 2.4 | 2.3 | 2.0 | -28.2% |
| Brunei Darussalam | 1.8 | 1.1 | 1.1 | 0.9 | -20.6% |
| Saudi Arabia | 1.9 | 1.0 | N/A | N/A | -47.4% |
| Romania | 13.1 | N/A | N/A | N/A | 0% |
| Others | 15.6 | 1.9 | 3.8 | 3.7 | -38.1% |
| Total | 49.3 | 24.9 | 32.5 | 28.7 | -16.5% |
Top Export Markets for Wood; Posts and Beams from Singapore in 2022:
- Maldives (15.7 tons)
- Indonesia (3.0 tons)
- Hong Kong SAR (1.6 tons)
- Philippines (0.7 tons)
- Brunei Darussalam (0.3 tons)
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