Price for Wood; Posts and Beams in Vietnam - 2021
Contents:
- Price for Wood; Posts and Beams in Vietnam (FOB) - 2022
- Price for Wood; Posts and Beams in Vietnam (CIF) - 2022
- Exports of Wood; Posts and Beams in Vietnam
- Imports of Wood; Posts and Beams in Vietnam
Price for Wood; Posts and Beams in Vietnam (FOB) - 2022
The average wood; posts and beams export price stood at $1,212 per ton in 2022, with a decrease of -12.5% against the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 26%. Over the period under review, the average export prices attained the maximum at $1,656 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 the UK ($3,082 per ton), while the average price for exports to Lao People's Democratic Republic ($463 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 the UK (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wood; Posts and Beams in Vietnam (CIF) - 2022
In 2022, the average wood; posts and beams import price amounted to $978 per ton, picking up by 5.4% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The import price peaked at $1,420 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,045 per ton), while the price for Lao People's Democratic Republic ($553 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Posts and Beams in Vietnam
In 2022, approx. 150 tons of wood; posts and beamses were exported from Vietnam; rising by 27% on 2021 figures. In general, total exports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.6% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 182 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, wood; posts and beams exports expanded markedly to $182K in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports attained the peak of $201K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Wood; Posts and Beams in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 0.5 | 92.0 | 106 | 113 | 509.1% |
China | 77.3 | 57.4 | 22.7 | 29.6 | -27.4% |
Japan | 14.4 | 10.7 | 7.4 | 9.4 | -13.3% |
United States | 19.8 | 9.1 | 7.7 | 8.3 | -25.2% |
Australia | 8.1 | 6.0 | 4.2 | 5.3 | -13.2% |
Taiwan (Chinese) | 11.0 | 7.4 | 4.6 | 5.3 | -21.6% |
Lao People's Democratic Republic | 16.0 | 9.0 | 4.7 | 4.5 | -34.5% |
Germany | 7.7 | 5.1 | 3.1 | 3.5 | -23.1% |
Others | 7.3 | 4.2 | 3.2 | 3.2 | -24.0% |
Total | 162 | 201 | 164 | 182 | 4.0% |
Top Export Markets for Wood; Posts and Beams from Vietnam in 2022:
- China (49.2 tons)
- United Kingdom (36.7 tons)
- United States (14.0 tons)
- Japan (13.2 tons)
- Lao People's Democratic Republic (9.6 tons)
- Australia (9.2 tons)
- Taiwan (Chinese) (8.1 tons)
- Germany (6.8 tons)
Imports of Wood; Posts and Beams in Vietnam
After three years of growth, overseas purchases of wood; posts and beamses decreased by -8.5% to 1.3 tons in 2022. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports attained the peak of 1.5 tons, and then declined in the following year.
In value terms, wood; posts and beams imports shrank modestly to $1.3K in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 7.9%.
Import of Wood; Posts and Beams in Vietnam (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 253 | 370 | 672 | 663 | 37.9% |
United States | 297 | 172 | 224 | 265 | -3.7% |
China | 32.0 | 77.0 | 151 | 204 | 85.4% |
Japan | 364 | 13.0 | 103 | 102 | -34.6% |
France | 104 | 47.0 | 48.0 | 44.0 | -24.9% |
Germany | N/A | 548 | N/A | N/A | 0% |
Others | 127 | 43.0 | 167 | 38.0 | -33.1% |
Total | 1,177 | 1,270 | 1,365 | 1,316 | 3.8% |
Top Suppliers of Wood; Posts and Beams to Vietnam in 2022:
- Lao People's Democratic Republic (1198.0 kg)
- China (55.0 kg)
- France (36.0 kg)
- Japan (29.0 kg)
- United States (22.0 kg)
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