Price for Wood; Posts and Beams in Sri Lanka - 2021
Contents:
- Price for Wood; Posts and Beams in Sri Lanka (FOB) - 2022
- Price for Wood; Posts and Beams in Sri Lanka (CIF) - 2022
- Exports of Wood; Posts and Beams in Sri Lanka
- Imports of Wood; Posts and Beams in Sri Lanka
Price for Wood; Posts and Beams in Sri Lanka (FOB) - 2022
In 2022, the average wood; posts and beams export price amounted to $457 per ton, growing by 9.4% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 36% against the previous year. Over the period under review, the average export prices reached the maximum at $2,559 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6,000 per ton), while the average price for exports to Maldives totaled $344 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Posts and Beams in Sri Lanka (CIF) - 2022
The average wood; posts and beams import price stood at $12,475 per ton in 2022, increasing by 1,342% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($13,395 per ton), while the price for Malaysia ($1,095 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Wood; Posts and Beams in Sri Lanka
In 2022, overseas shipments of wood; posts and beamses were finally on the rise to reach 398 kg after two years of decline. Overall, exports, however, saw a abrupt shrinkage.
In value terms, wood; posts and beams exports expanded rapidly to $182 in 2022. Over the period under review, exports, however, faced a deep reduction.
Export of Wood; Posts and Beams in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 2.0 | 75.0 | 126 | 134 | 306.2% |
Netherlands | 5.0 | 95.0 | 40.0 | 48.0 | 112.5% |
India | 336 | 28.0 | N/A | N/A | -91.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 343 | 198 | 166 | 182 | -19.0% |
Top Export Markets for Wood; Posts and Beams from Sri Lanka in 2022:
- Maldives (390.0 kg)
- Netherlands (8.0 kg)
Imports of Wood; Posts and Beams in Sri Lanka
Wood; posts and beams imports into Sri Lanka declined notably to 6.3 tons in 2022, falling by -26.7% on 2021 figures. Over the period under review, imports saw a sharp setback. The growth pace was the most rapid in 2021 with an increase of 238% against the previous year.
In value terms, wood; posts and beams imports skyrocketed to $79K in 2022. In general, imports, however, saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Wood; Posts and Beams in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | N/A | N/A | N/A | 77.8 | 0% |
Australia | 0.7 | N/A | N/A | 0.8 | 4.6% |
Malaysia | 12.5 | 0.9 | 1.7 | 0.1 | -80.0% |
France | 1.6 | 0.2 | 0.9 | N/A | -25.0% |
India | 6.1 | 1.1 | 4.7 | N/A | -12.2% |
Others | 2.0 | 0.1 | 0.2 | N/A | -68.4% |
Total | 22.8 | 2.3 | 7.4 | 78.7 | 51.1% |
Top Suppliers of Wood; Posts and Beams to Sri Lanka in 2022:
- Poland (5.8 tons)
- Australia (0.4 tons)
- Malaysia (0.1 tons)
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