Price for Wood; Shingles and Shakes in India - 2023
Contents:
- Price for Wood; Shingles and Shakes in India (FOB) - 2022
- Price for Wood; Shingles and Shakes in India (CIF) - 2022
- Exports of Wood; Shingles and Shakes in India
- Imports of Wood; Shingles and Shakes in India
Price for Wood; Shingles and Shakes in India (FOB) - 2022
In 2022, the average wood; shingles and shakes export price amounted to $3,946 per ton, picking up by 74% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 81% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -0.9% per year.
Price for Wood; Shingles and Shakes in India (CIF) - 2022
The average wood; shingles and shakes import price stood at $10,475 per ton in 2022, falling by -29.7% against the previous year. In general, the import price, however, saw significant growth. The most prominent rate of growth was recorded in 2021 an increase of 128% against the previous year. As a result, import price attained the peak level of $14,898 per ton, and then shrank remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($37,199 per ton), while the price for Indonesia ($2,860 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 (+53.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Shingles and Shakes in India
Wood; shingles and shakes exports from India surged to 9 tons in 2022, rising by 437% on the previous year's figure. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood; shingles and shakes exports surged to $36K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wood; Shingles and Shakes in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 35.5 | 0% |
| Gambia | N/A | N/A | 0.2 | N/A | 0% |
| Italy | 0.8 | 2.3 | 3.2 | N/A | 100.0% |
| Maldives | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.3 | 0.4 | N/A | 100.0% |
| Total | 1.6 | 2.6 | 3.8 | 35.5 | 181.0% |
Top Export Markets for Wood; Shingles and Shakes from India in 2022:
- Tanzania (9.0 tons)
Imports of Wood; Shingles and Shakes in India
In 2022, purchases abroad of wood; shingles and shakeses was finally on the rise to reach 5.2 tons after two years of decline. Over the period under review, imports, however, saw a precipitous slump.
In value terms, wood; shingles and shakes imports skyrocketed to $54K in 2022. In general, imports, however, showed a drastic downturn.
| Import of Wood; Shingles and Shakes in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 24.6 | 26.6 | 12.9 | 25.1 | 0.7% |
| United States | 11.9 | 14.7 | 8.3 | 13.4 | 4.0% |
| Guyana | 14.3 | 15.6 | 7.8 | 11.2 | -7.8% |
| Canada | 3.3 | 3.3 | 1.6 | 2.1 | -14.0% |
| China | 1.5 | 1.8 | 1.1 | 1.8 | 6.3% |
| Indonesia | 0.9 | 0.9 | 0.4 | 0.6 | -12.6% |
| Others | 24.5 | N/A | 12.9 | N/A | -27.4% |
| Total | 81.0 | 63.0 | 45.1 | 54.1 | -12.6% |
Top Suppliers of Wood; Shingles and Shakes to India in 2022:
- Guyana (3121.0 kg)
- Italy (674.0 kg)
- Canada (623.0 kg)
- United States (433.0 kg)
- Indonesia (215.0 kg)
- China (98.0 kg)
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