Chipped Coniferous Wood Price in Bangladesh - 2022
Contents:
- Chipped Coniferous Wood Price in Bangladesh (FOB) - 2022
- Chipped Coniferous Wood Exports in Bangladesh
Chipped Coniferous Wood Price in Bangladesh (FOB) - 2022
The average chipped coniferous wood export price stood at $46 per cubic meter in 2022, which is down by -16.1% against the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 530% against the previous year. As a result, the export price attained the peak level of $412 per cubic meter. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -10.1% per year.
Chipped Coniferous Wood Exports in Bangladesh
In 2022, approx. 246 cubic meters of coniferous wood in chips or particles were exported from Bangladesh; rising by 45% against 2021. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 431%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, chipped coniferous wood exports skyrocketed to $11K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 decreased by -15.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Chipped Coniferous Wood in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.7 | 2.0 | 9.2 | 11.2 | 18.7% |
| Others | N/A | 11.2 | N/A | N/A | 0% |
| Total | 6.7 | 13.2 | 9.2 | 11.2 | 18.7% |
Top Export Markets for Chipped Coniferous Wood from Bangladesh in 2022:
- United Arab Emirates (246.0 cubic meters)
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