Price for Wood; Shingles and Shakes in Italy - 2023

Contents:

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

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

In 2022, the average wood; shingles and shakes export price amounted to $5,289 per ton, shrinking by -4.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 118% against the previous year. As a result, the export price reached the peak level of $11,003 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 the United States ($6,821 per ton), while the average price for exports to Tunisia ($542 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 Moldova (+37.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average wood; shingles and shakes import price stood at $2,360 per ton in 2022, rising by 55% against the previous year. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 the Netherlands ($7,282 per ton), while the price for Austria ($715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wood; Shingles and Shakes in Italy

In 2022, the amount of wood; shingles and shakeses exported from Italy surged to 529 tons, with an increase of 17% against the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, wood; shingles and shakes exports rose markedly to $2.8M in 2022. Overall, exports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 52%.

Export of Wood; Shingles and Shakes in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,6479871,5861,145-11.4%
Austria24.924.465.7432158.9%
South Korea34.712.468.9301105.5%
United States90.480.725024539.4%
ArgentinaN/AN/AN/A80.30%
Uruguay2.3N/AN/A74.1218.2%
Tunisia5.4N/A48.413.636.1%
Israel142N/AN/AN/A0%
Others1,049546488504-21.7%
Total2,9951,6502,5072,795-2.3%

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

  1. Switzerland (178.2 tons)
  2. Austria (102.4 tons)
  3. South Korea (54.9 tons)
  4. Argentina (42.1 tons)
  5. Uruguay (41.6 tons)
  6. United States (36.0 tons)
  7. Tunisia (25.0 tons)

Imports of Wood; Shingles and Shakes in Italy

For the third year in a row, Italy recorded decline in purchases abroad of wood; shingles and shakeses, which decreased by -10.5% to 754 tons in 2022. Overall, imports continue to indicate a sharp downturn.

In value terms, wood; shingles and shakes imports soared to $1.8M in 2022. In general, imports showed a dramatic contraction.

Import of Wood; Shingles and Shakes in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic27725126774238.9%
NetherlandsN/A14376.134856.0%
Slovakia237308200223-2.0%
France89.645.317.518126.4%
Russia522562456112-40.1%
BrazilN/AN/A23.357.1145.1%
Austria2,0961,87232.917.6-79.7%
Germany1281781734.9-66.3%
Others36320239.492.1-36.7%
Total3,7133,5621,2841,779-21.8%

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

  1. Czech Republic (359.7 tons)
  2. Slovakia (98.1 tons)
  3. France (95.4 tons)
  4. Russia (63.1 tons)
  5. Brazil (55.2 tons)
  6. Netherlands (47.8 tons)
  7. Austria (24.6 tons)
  8. Germany (3.3 tons)

Source: IndexBox Market Intelligence Platform

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