Price for Wood; Shingles and Shakes in Indonesia - 2022

Contents:

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

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

The average wood; shingles and shakes export price stood at $1,700 per ton in 2022, with an increase of 51% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 52%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5,912 per ton), while the average price for exports to Spain ($322 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 the UK (+57.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average wood; shingles and shakes import price amounted to $1,841 per ton, rising by 3.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 77%. As a result, import price attained the peak level of $3,825 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,667 per ton), while the price for Singapore ($533 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 (+1.1%), while the prices for the other major suppliers experienced a decline.

Exports of Wood; Shingles and Shakes in Indonesia

In 2022, wood; shingles and shakes exports from Indonesia shrank sharply to 82 tons, waning by -43.9% on the previous year. Overall, exports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 142%.

In value terms, wood; shingles and shakes exports fell rapidly to $140K in 2022. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 232%.

Export of Wood; Shingles and Shakes in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Seychelles37.721.147.536.8-0.8%
United KingdomN/AN/AN/A28.00%
Maldives36.72.411.615.1-25.6%
Malaysia12.73.611.99.0-10.8%
Cambodia10.51.211.08.3-7.5%
Vanuatu4.62.87.06.09.3%
Australia6.15.634.74.7-8.3%
French Polynesia1.40.25.34.749.7%
China2.81.84.74.315.4%
SpainN/AN/A1.42.150.0%
Costa Rica0.50.72.61.956.0%
Others64.710.226.518.7-33.9%
Total17849.5164140-7.7%

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

  1. Malaysia (11.4 tons)
  2. Seychelles (10.2 tons)
  3. Maldives (9.1 tons)
  4. Cambodia (8.7 tons)
  5. Spain (6.5 tons)
  6. China (5.6 tons)
  7. French Polynesia (5.0 tons)
  8. Vanuatu (4.7 tons)
  9. United Kingdom (4.7 tons)
  10. Costa Rica (4.2 tons)
  11. Australia (2.0 tons)

Imports of Wood; Shingles and Shakes in Indonesia

In 2022, purchases abroad of wood; shingles and shakeses was finally on the rise to reach 239 kg after two years of decline. Over the period under review, imports, however, showed a deep slump.

In value terms, wood; shingles and shakes imports rose sharply to $440 in 2022. Overall, imports, however, recorded a abrupt slump.

Import of Wood; Shingles and Shakes in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States519422343392-8.9%
China66.050.037.040.0-15.4%
Singapore25.015.09.08.0-31.6%
OthersN/A1.0N/AN/A0%
Total610488389440-10.3%

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

  1. United States (209.0 kg)
  2. China (15.0 kg)
  3. Singapore (15.0 kg)

Source: IndexBox Market Intelligence Platform

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