Price for Wood; Shingles and Shakes in the UK - 2023

Contents:

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

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

In 2022, the average wood; shingles and shakes import price amounted to $5,565 per ton, rising by 37% against the previous year. In general, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 60% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($9,198 per ton), while the price for Romania ($680 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average wood; shingles and shakes export price stood at $13,494 per ton in 2022, growing by 221% against the previous year. Overall, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($74,891 per ton), while the average price for exports to Estonia ($1,941 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 Hong Kong SAR (+134.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shingles and Shakes in the UK

After three years of growth, overseas purchases of wood; shingles and shakeses decreased by -40% to 1.1K tons in 2022. Over the period under review, imports saw a noticeable slump. The growth pace was the most rapid in 2020 when imports increased by 23%.

In value terms, wood; shingles and shakes imports declined notably to $6.3M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of $7.6M, and then fell rapidly in the following year.

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

1. Canada (734.1 tons)
2. Poland (71.8 tons)
3. Germany (52.9 tons)
4. France (47.5 tons)
5. Lithuania (42.1 tons)
6. Estonia (33.0 tons)
7. Guyana (29.5 tons)
8. China (26.1 tons)
9. Romania (25.0 tons)
10. Indonesia (22.8 tons)

Exports of Wood; Shingles and Shakes in the UK

In 2022, the amount of wood; shingles and shakeses exported from the UK skyrocketed to 196 tons, jumping by 84% against the year before. In general, exports posted 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 $2.6M in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Ireland (44.7 tons)
2. Netherlands (32.9 tons)
3. France (32.7 tons)
4. Germany (26.1 tons)
5. Australia (23.9 tons)
6. Estonia (9.5 tons)
7. Hong Kong SAR (5.7 tons)

Source: IndexBox Market Intelligence Platform