Price for Wood; Posts and Beams in Thailand - 2021
Contents:
- Price for Wood; Posts and Beams in Thailand (FOB) - 2022
- Price for Wood; Posts and Beams in Thailand (CIF) - 2022
- Exports of Wood; Posts and Beams in Thailand
- Imports of Wood; Posts and Beams in Thailand
Price for Wood; Posts and Beams in Thailand (FOB) - 2022
The average wood; posts and beams export price stood at $998 per ton in 2022, with an increase of 21% against the previous year. Overall, the export price saw a mild expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 158%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +125.3% per year.
Price for Wood; Posts and Beams in Thailand (CIF) - 2022
The average wood; posts and beams import price stood at $2,249 per ton in 2022, waning by -33.9% against the previous year. In general, the import price, however, posted a strong increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 317% against the previous year. The import price peaked at $3,403 per ton in 2021, and then dropped rapidly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,528 per ton), while the price for China totaled $1,775 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+73.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wood; Posts and Beams in Thailand
Wood; posts and beams exports from Thailand shrank significantly to 73 tons in 2022, declining by -55.9% compared with 2021. Overall, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 1,352% against the previous year.
In value terms, wood; posts and beams exports shrank significantly to $73K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1,482% against the previous year. As a result, the exports reached the peak of $137K, and then shrank remarkably in the following year.
| Export of Wood; Posts and Beams in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 42.8 | 4.5 | 1.7 | 61.4 | 12.8% |
| Hungary | 22.8 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 123 | N/A | 0% |
| Others | 5.9 | 4.1 | 12.6 | 11.4 | 24.6% |
| Total | 71.5 | 8.7 | 137 | 72.8 | 0.6% |
Top Export Markets for Wood; Posts and Beams from Thailand in 2022:
- Lao People's Democratic Republic (72.8 tons)
Imports of Wood; Posts and Beams in Thailand
After two years of decline, overseas purchases of wood; posts and beamses increased by 243% to 25 tons in 2022. Overall, imports, however, faced a precipitous decrease.
In value terms, wood; posts and beams imports surged to $57K in 2022. In general, imports, however, continue to indicate a dramatic setback.
| Import of Wood; Posts and Beams in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 63.0 | 82.4 | 24.4 | 40.3 | -13.8% |
| China | 62.4 | 5.9 | 0.7 | 16.6 | -35.7% |
| Others | 3.8 | 0.4 | N/A | N/A | -89.5% |
| Total | 129 | 88.7 | 25.1 | 56.9 | -23.9% |
Top Suppliers of Wood; Posts and Beams to Thailand in 2022:
- India (15.9 tons)
- China (9.4 tons)
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