Price for Wood; Shingles and Shakes in Portugal - 2023

Contents:

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

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

The average wood; shingles and shakes import price stood at $2,266 per ton in 2022, standing approx. at the previous year. Overall, the import price showed strong growth. The most prominent rate of growth was recorded in 2020 an increase of 111%. As a result, import price attained the peak level of $2,756 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +10.1% per year.

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

In 2022, the average wood; shingles and shakes export price amounted to $1,153 per ton, shrinking by -79.4% against the previous year. Overall, the export price saw a mild decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 182% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,583 per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($2,604 per ton), while the average price for exports to Sao Tome and Principe ($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 Angola (+27.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Shingles and Shakes in Portugal

In 2022, approx. 189 tons of wood; shingles and shakeses were imported into Portugal; with an increase of 206% compared with the year before. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 613%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, wood; shingles and shakes imports surged to $428K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 478% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Wood; Shingles and Shakes in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain28.618.1138428146.4%
France5.2N/AN/AN/A0%
OthersN/A5.7N/AN/A0%
Total33.823.9138428133.1%

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

  1. Spain (188.8 tons)

Exports of Wood; Shingles and Shakes in Portugal

In 2022, after two years of decline, there was significant decline in overseas shipments of wood; shingles and shakeses, when their volume decreased by -61.5% to 2.9 tons. Overall, exports showed a pronounced downturn.

In value terms, wood; shingles and shakes exports contracted sharply to $3.3K in 2022. In general, exports showed a sharp curtailment.

Export of Wood; Shingles and Shakes in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MozambiqueN/AN/AN/A1.60%
Sao Tome and PrincipeN/AN/AN/A0.90%
FranceN/AN/AN/A0.70%
Guinea-BissauN/AN/A41.7N/A0%
Angola4.4N/AN/AN/A0%
Others4.8N/AN/AN/A0%
Total9.2N/A41.73.3-28.9%

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

  1. Sao Tome and Principe (1750.0 kg)
  2. Mozambique (624.0 kg)
  3. France (500.0 kg)

Source: IndexBox Market Intelligence Platform

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