Price for Wood; Shuttering for Concrete Constructional Work in the United States - 2023

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in the United States (CIF) - 2023
  2. Price for Wood; Shuttering for Concrete Constructional Work in the United States (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in the United States
  4. Exports of Wood; Shuttering for Concrete Constructional Work in the United States

Price for Wood; Shuttering for Concrete Constructional Work in the United States (CIF) - 2023

In December 2023, the average import price for wood; shuttering for concrete constructional work amounted to $825 per ton, declining by -6.7% against the previous month. Overall, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in February 2023 an increase of 71% against the previous month. As a result, import price attained the peak level of $1,559 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($2,923 per ton), while the price for China ($396 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.1%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Shuttering for Concrete Constructional Work in the United States (FOB) - 2022

The average export price for wood; shuttering for concrete constructional work stood at $3,652 per ton in 2022, surging by 23% against the previous year. Overall, the export price saw strong growth. The pace of growth was the most pronounced in 2019 an increase of 88%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cayman Islands ($7,494 per ton), while the average price for exports to Nicaragua ($565 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 China (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shuttering for Concrete Constructional Work in the United States

After three years of growth, overseas purchases of wood; shuttering for concrete constructional work decreased by -2% to 13K tons in 2022. The total import volume increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of 13K tons, and then fell in the following year.

In value terms, imports of wood; shuttering for concrete constructional work rose significantly to $25M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Wood; Shuttering for Concrete Constructional Work in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria7.07.010.015.630.6%
Vietnam2.85.110.16.733.8%
Canada0.40.40.41.035.7%
Spain0.60.50.70.60.0%
China1.90.30.10.4-40.5%
Czech RepublicN/A0.40.30.3-13.4%
Russia0.60.4N/AN/A-33.3%
Others0.40.60.30.614.5%
Total13.714.722.025.322.7%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to the United States in 2022:

  1. Austria (6.3K tons)
  2. Vietnam (5.6K tons)
  3. Canada (0.3K tons)
  4. China (0.3K tons)
  5. Spain (0.3K tons)
  6. Czech Republic (0.1K tons)

Exports of Wood; Shuttering for Concrete Constructional Work in the United States

In 2022, exports of wood; shuttering for concrete constructional work from the United States skyrocketed to 1.4K tons, picking up by 59% on the year before. In general, exports, however, recorded a noticeable reduction.

In value terms, exports of wood; shuttering for concrete constructional work surged to $5M in 2022. Over the period under review, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wood; Shuttering for Concrete Constructional Work in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2,3107772,1343,54815.4%
Cayman Islands42.41434.8547134.5%
Antigua and BarbudaN/AN/A3.72366278.4%
JapanN/AN/AN/A90.50%
Mexico32221.171.188.3-35.0%
ColombiaN/A16110371.8-33.2%
NicaraguaN/A47.588.655.07.6%
Israel230N/AN/AN/A0%
Others588436131323-18.1%
Total3,4921,5862,5364,96012.4%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from the United States in 2022:

  1. Canada (710.8 tons)
  2. Antigua and Barbuda (271.1 tons)
  3. Nicaragua (97.4 tons)
  4. Mexico (89.6 tons)
  5. Cayman Islands (73.1 tons)
  6. Japan (32.7 tons)
  7. Colombia (30.9 tons)

Source: IndexBox Market Intelligence Platform

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