Price for Wood; Shingles and Shakes in Colombia - 2022

Contents:

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

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

The average wood; shingles and shakes export price stood at $10,347 per ton in 2022, surging by 153% against the previous year. Over the period under review, the export price showed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($22,941 per ton), while the average price for exports to the United States amounted to $9,592 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average wood; shingles and shakes import price stood at $2,512 per ton in 2022, shrinking by -14.3% against the previous year. Overall, the import price continues to indicate a noticeable setback. The growth pace was the most rapid in 2019 an increase of 70% against the previous year. As a result, import price reached the peak level of $5,198 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,694 per ton), while the price for the United States ($2,182 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 (+0.2%), while the prices for the other major suppliers experienced a decline.

Exports of Wood; Shingles and Shakes in Colombia

Wood; shingles and shakes exports from Colombia fell dramatically to 902 kg in 2022, waning by -75% on the previous year. In general, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 27%.

In value terms, wood; shingles and shakes exports shrank sharply to $9.3K in 2022. Overall, exports faced a sharp contraction. The smallest decline of -20.3% was in 2021.

Export of Wood; Shingles and Shakes in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.10.18.2334.4%
Panama0.90.20.11.210.1%
Venezuela58.815.212.1N/A-54.6%
Others48.93.02.3N/A-78.3%
Total10918.514.79.3-56.0%

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

  1. United States (851.0 kg)
  2. Panama (51.0 kg)

Imports of Wood; Shingles and Shakes in Colombia

Wood; shingles and shakes imports into Colombia soared to 6.2 tons in 2022, rising by 410% on the previous year. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 680%. As a result, imports reached the peak of 6.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, wood; shingles and shakes imports skyrocketed to $16K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 501%. As a result, imports reached the peak of $28K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wood; Shingles and Shakes in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.716.41.98.369.6%
Spain2.08.71.26.346.6%
China0.61.90.20.75.3%
United States0.20.70.10.20.0%
IndonesiaN/AN/A0.2N/A0%
Others0.1N/AN/AN/A0%
Total4.627.63.615.650.2%

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

  1. Italy (3.6 tons)
  2. Spain (2.4 tons)
  3. United States (0.1 tons)
  4. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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