Price for Wood; Shingles and Shakes in Ecuador - 2022

Contents:

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

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

The average wood; shingles and shakes export price stood at $2,769 per ton in 2022, leveling off at the previous year. Over the period under review, the export price continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2017 an increase of 73% against the previous year. The export price peaked at $5,436 per ton in 2018; however, from 2019 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 Panama.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +3.1% per year.

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

In 2022, the average wood; shingles and shakes import price amounted to $5,625 per ton, shrinking by -8.5% against the previous year. In general, the import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 132% against the previous year. The import price peaked at $6,149 per ton in 2021, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +2,094.6% per year.

Exports of Wood; Shingles and Shakes in Ecuador

After three years of growth, shipments abroad of wood; shingles and shakeses decreased by -20.8% to 1.6 tons in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 258%.

In value terms, wood; shingles and shakes exports reduced notably to $4.4K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 268%.

Export of Wood; Shingles and Shakes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama0.82.15.54.476.5%
ChileN/A1.1N/AN/A0%
Others0.1N/AN/AN/A0%
Total0.93.35.54.469.7%

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

  1. Panama (1.6 tons)

Imports of Wood; Shingles and Shakes in Ecuador

In 2022, supplies from abroad of wood; shingles and shakeses was finally on the rise to reach 539 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a drastic downturn.

In value terms, wood; shingles and shakes imports shrank slightly to $3K in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 1.6% against the previous year. As a result, imports attained the peak of $3.1K, leveling off in the following year.

Import of Wood; Shingles and Shakes in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.03.03.13.00.0%
OthersN/AN/AN/AN/A0%
Total3.03.03.13.00.0%

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

  1. United States (539.0 kg)

Source: IndexBox Market Intelligence Platform

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