Price for Wood; Shuttering for Concrete Constructional Work in Portugal - 2023

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Portugal (CIF) - 2023
  2. Price for Wood; Shuttering for Concrete Constructional Work in Portugal (FOB) - 2023
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Portugal
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Portugal

Price for Wood; Shuttering for Concrete Constructional Work in Portugal (CIF) - 2023

The average import price for wood; shuttering for concrete constructional work stood at $1,411 per ton in November 2023, declining by -25.4% against the previous month. Overall, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in October 2023 an increase of 22% against the previous month. The import price peaked at $1,930 per ton in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($1,592 per ton), while the price for Germany ($741 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Shuttering for Concrete Constructional Work in Portugal (FOB) - 2023

The average export price for wood; shuttering for concrete constructional work stood at $1,724 per ton in November 2023, with an increase of 38% against the previous month. In general, export price indicated a modest expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for wood; shuttering for concrete constructional work decreased by -19.1% against August 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 56% m-o-m. The export price peaked at $2,176 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Angola ($11,350 per ton), while the average price for exports to Cabo Verde ($506 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shuttering for Concrete Constructional Work in Portugal

Imports of wood; shuttering for concrete constructional work into Portugal expanded modestly to 13K tons in 2022, increasing by 1.8% compared with 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.9% 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 +47.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wood; shuttering for concrete constructional work rose remarkably to $20M in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

Import of Wood; Shuttering for Concrete Constructional Work in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7.98.814.414.723.0%
Austria1.10.71.21.715.6%
SwedenN/AN/AN/A1.20%
Germany0.50.71.21.130.1%
Slovakia0.10.20.40.791.3%
Czech Republic0.40.10.20.40.0%
Others0.30.30.60.732.6%
Total10.310.618.020.525.8%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Portugal in 2022:

  1. Spain (9.4K tons)
  2. Austria (1.1K tons)
  3. Germany (0.8K tons)
  4. Sweden (0.5K tons)
  5. Slovakia (0.4K tons)
  6. Czech Republic (0.2K tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Portugal

After three years of growth, overseas shipments of wood; shuttering for concrete constructional work decreased by -6.2% to 2.7K tons in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports reached the peak of 2.9K tons, and then contracted in the following year.

In value terms, exports of wood; shuttering for concrete constructional work skyrocketed to $4.5M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wood; Shuttering for Concrete Constructional Work in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola26930.83671,16362.9%
Spain8659471,6551,1188.9%
France91.033511069296.6%
Algeria18.1146N/A418184.8%
Germany0.3N/AN/A268863.1%
Cabo Verde312261448208-12.6%
ItalyN/AN/A13620349.3%
Guinea-Bissau74.918922615.3-41.1%
Others18585.218446235.7%
Total1,8151,9943,1284,54735.8%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Portugal in 2022:

  1. Spain (753.1 tons)
  2. Angola (691.5 tons)
  3. France (475.4 tons)
  4. Cabo Verde (250.4 tons)
  5. Algeria (167.0 tons)
  6. Germany (110.2 tons)
  7. Italy (96.7 tons)
  8. Guinea-Bissau (29.2 tons)

Source: IndexBox Market Intelligence Platform

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