Price for Wood; Shuttering for Concrete Constructional Work in Vietnam - 2022

Contents:

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

Price for Wood; Shuttering for Concrete Constructional Work in Vietnam (FOB) - 2022

In 2022, the average export price for wood; shuttering for concrete constructional work amounted to $1,705 per ton, surging by 8.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,705 per ton), while the average price for exports to Canada ($1,705 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 Canada (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood; Shuttering for Concrete Constructional Work in Vietnam (CIF) - 2022

The average import price for wood; shuttering for concrete constructional work stood at $1,738 per ton in 2022, increasing by 7% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,738 per ton), while the price for Portugal stood at $1,738 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%).

Exports of Wood; Shuttering for Concrete Constructional Work in Vietnam

In 2022, overseas shipments of wood; shuttering for concrete constructional work decreased by -34.3% to 386 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 583% against the previous year. As a result, the exports reached the peak of 684 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wood; shuttering for concrete constructional work contracted markedly to $657K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 557% against the previous year.

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

1. Canada (199.3 tons)
2. United States (112.7 tons)
3. Cambodia (73.5 tons)

Imports of Wood; Shuttering for Concrete Constructional Work in Vietnam

In 2022, overseas purchases of wood; shuttering for concrete constructional work decreased by -46.7% to 352 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a precipitous slump. The growth pace was the most rapid in 2020 when imports increased by 0.2%. As a result, imports attained the peak of 2.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wood; shuttering for concrete constructional work dropped remarkably to $612K in 2022. In general, imports faced a significant decline. The smallest decline of -1.8% was in 2020.

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

1. China (317.6 tons)
2. Portugal (34.7 tons)

Source: IndexBox Market Intelligence Platform