Price for Wood; Shingles and Shakes in Denmark - 2023
Contents:
- Price for Wood; Shingles and Shakes in Denmark (CIF) - 2022
- Price for Wood; Shingles and Shakes in Denmark (FOB) - 2022
- Imports of Wood; Shingles and Shakes in Denmark
- Exports of Wood; Shingles and Shakes in Denmark
Price for Wood; Shingles and Shakes in Denmark (CIF) - 2022
The average wood; shingles and shakes import price stood at $2,912 per ton in 2022, surging by 7.2% against the previous year. In general, the import price, however, saw a slight descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49%. The import price peaked at $3,952 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -0.6% per year.
Price for Wood; Shingles and Shakes in Denmark (FOB) - 2022
The average wood; shingles and shakes export price stood at $3,126 per ton in 2022, surging by 31% against the previous year. In general, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 105% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($9,277 per ton), while the average price for exports to Iceland ($1,307 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 Iceland (+84.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Shingles and Shakes in Denmark
For the fourth consecutive year, Denmark recorded growth in overseas purchases of wood; shingles and shakeses, which increased by 558% to 609 tons in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood; shingles and shakes imports soared to $1.8M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wood; Shingles and Shakes in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 133 | 314 | 248 | 1,752 | 136.2% |
| Others | 0.1 | 4.4 | 3.1 | 19.4 | 478.9% |
| Total | 133 | 318 | 251 | 1,772 | 137.1% |
Top Suppliers of Wood; Shingles and Shakes to Denmark in 2022:
- Canada (606.4 tons)
Exports of Wood; Shingles and Shakes in Denmark
In 2022, wood; shingles and shakes exports from Denmark skyrocketed to 31 tons, picking up by 2,853% compared with 2021 figures. In general, exports, however, continue to indicate a abrupt decline.
In value terms, wood; shingles and shakes exports surged to $96K in 2022. Overall, exports showed a significant expansion.
| Export of Wood; Shingles and Shakes in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Faroe Islands | 36.0 | N/A | N/A | 57.9 | 17.2% |
| United Kingdom | N/A | N/A | N/A | 27.3 | 0% |
| Norway | N/A | 3.4 | N/A | 8.2 | 55.3% |
| Iceland | N/A | 33.4 | N/A | 1.3 | -80.3% |
| Greenland | 14.6 | 102 | 2.5 | 0.9 | -60.5% |
| Others | 0.9 | N/A | N/A | 0.3 | -30.7% |
| Total | 51.5 | 138 | 2.5 | 96.0 | 23.1% |
Top Export Markets for Wood; Shingles and Shakes from Denmark in 2022:
- Faroe Islands (25.1 tons)
- United Kingdom (2.9 tons)
- Norway (1.2 tons)
- Iceland (1.0 tons)
- Greenland (0.5 tons)
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