Price for Wood; Shuttering for Concrete Constructional Work in Ethiopia - 2022
Contents:
- Price for Wood; Shuttering for Concrete Constructional Work in Ethiopia (CIF) - 2022
- Imports of Wood; Shuttering for Concrete Constructional Work in Ethiopia
Price for Wood; Shuttering for Concrete Constructional Work in Ethiopia (CIF) - 2022
The average import price for wood; shuttering for concrete constructional work stood at $1,589 per ton in 2022, surging by 46% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 62%. The import price peaked 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 Austria ($2,947 per ton), while the price for China ($1,288 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wood; Shuttering for Concrete Constructional Work in Ethiopia
In 2022, approx. 560 tons of wood; shuttering for concrete constructional work were imported into Ethiopia; with a decrease of -7.7% against 2021 figures. Overall, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 607 tons, and then contracted in the following year.
In value terms, imports of wood; shuttering for concrete constructional work surged to $890K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood; Shuttering for Concrete Constructional Work in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 360 | 220 | 258 | 540 | 14.5% |
| Italy | 100 | 249 | 401 | 316 | 46.7% |
| Turkey | N/A | N/A | N/A | 14.8 | 0% |
| United Arab Emirates | 60.9 | 14.0 | N/A | N/A | -77.0% |
| Others | 54.5 | 14.0 | N/A | 19.4 | -29.1% |
| Total | 575 | 496 | 660 | 890 | 15.7% |
Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Ethiopia in 2022:
- China (419.3 tons)
- Italy (124.8 tons)
- Turkey (9.3 tons)
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