Price for Wood; Shingles and Shakes in Australia - 2023

Contents:

1. Price for Wood; Shingles and Shakes in Australia (CIF) - 2022
2. Price for Wood; Shingles and Shakes in Australia (FOB) - 2022
3. Imports of Wood; Shingles and Shakes in Australia
4. Exports of Wood; Shingles and Shakes in Australia

Price for Wood; Shingles and Shakes in Australia (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $3,863 per ton, with an increase of 39% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($3,863 per ton), while the price for China ($3,863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Shingles and Shakes in Australia (FOB) - 2022

In 2022, the average wood; shingles and shakes export price amounted to $5,219 per ton, with an increase of 63% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decline. Over the period under review, the average export prices reached the peak figure at $6,038 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2015 to 2022, the rate of growth in terms of prices for New Zealand amounted to +38.3% per year.

Imports of Wood; Shingles and Shakes in Australia

In 2022, purchases abroad of wood; shingles and shakeses decreased by -75.4% to 21 tons, falling for the second consecutive year after two years of growth. In general, imports faced a significant decline. The growth pace was the most rapid in 2020 when imports increased by 1.6% against the previous year. As a result, imports attained the peak of 200 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wood; shingles and shakes imports dropped remarkably to $81K in 2022. Over the period under review, imports showed a sharp curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 21%. As a result, imports attained the peak of $442K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Wood; Shingles and Shakes to Australia in 2022:

1. Canada (13.0 tons)
2. China (4.5 tons)
3. Indonesia (3.6 tons)

Exports of Wood; Shingles and Shakes in Australia

In 2022, overseas shipments of wood; shingles and shakeses decreased by -90.4% to 366 kg, falling for the second year in a row after two years of growth. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 857%. As a result, the exports reached the peak of 6.9 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wood; shingles and shakes exports dropped markedly to $1.9K in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,120% against the previous year. As a result, the exports reached the peak of $17K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Wood; Shingles and Shakes from Australia in 2022:

1. New Zealand (366.0 kg)

Source: IndexBox Market Intelligence Platform