Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore
  4. Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, multilayer, other than mosaic amounted to $5,373 per ton, reducing by -10.8% against the previous year. Overall, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 45%. The import price peaked at $6,022 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($34,067 per ton), while the price for the Netherlands ($486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore (FOB) - 2022

In 2022, the average export price for wood; assembled flooring panels, multilayer, other than mosaic amounted to $2,263 per ton, approximately reflecting the previous year. Overall, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2013 an increase of 26%. The export price peaked at $3,343 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($30,610 per ton), while the average price for exports to Germany ($441 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 Belgium (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore

After two years of decline, purchases abroad of wood; assembled flooring panels, multilayer, other than mosaic increased by 2.7% to 390 tons in 2022. Over the period under review, imports, however, showed a slight shrinkage.

In value terms, imports of wood; assembled flooring panels, multilayer, other than mosaic reduced to $2.1M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of $2.3M, and then declined in the following year.

Import of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria46459274871815.7%
Switzerland21327134333015.7%
China20725230528110.7%
Japan12716220519715.8%
Spain1191381591395.3%
Malaysia150157164130-4.7%
Netherlands94.087.580.956.7-15.5%
United Kingdom8.79.410.18.2-2.0%
Others2032332682355.0%
Total1,5861,9042,2842,0949.7%

Top Suppliers of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic to Singapore in 2022:

  1. Japan (120.7 tons)
  2. Netherlands (116.6 tons)
  3. Austria (37.5 tons)
  4. Malaysia (27.9 tons)
  5. Switzerland (23.2 tons)
  6. Spain (17.3 tons)
  7. United Kingdom (13.7 tons)
  8. China (8.2 tons)

Exports of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore

For the fourth consecutive year, Singapore recorded growth in shipments abroad of wood; assembled flooring panels, multilayer, other than mosaic, which increased by less than 0.1% to 71 tons in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 0.2%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of wood; assembled flooring panels, multilayer, other than mosaic reached $161K in 2022. In general, exports, however, saw a relatively flat trend pattern.

Export of Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway47.447.948.148.60.8%
Italy25.426.527.528.74.2%
United States20.621.722.824.05.2%
Israel14.112.110.49.0-13.9%
Thailand6.66.97.37.75.3%
Vietnam3.13.33.53.76.1%
Hong Kong SAR3.23.43.53.75.0%
China3.93.83.73.6-2.6%
United Kingdom5.14.13.32.7-19.1%
Taiwan (Chinese)2.82.62.52.4-5.0%
Germany2.61.81.31.0-27.3%
Others27.927.126.325.8-2.6%
Total163161160161-0.4%

Top Export Markets for Wood; Assembled Flooring Panels, Multilayer, Other than Mosaic from Singapore in 2022:

  1. United States (18.6 tons)
  2. Norway (9.6 tons)
  3. Israel (7.3 tons)
  4. Italy (6.3 tons)
  5. China (5.7 tons)
  6. Thailand (5.7 tons)
  7. Hong Kong SAR (4.1 tons)
  8. Taiwan (Chinese) (3.2 tons)
  9. Vietnam (2.7 tons)
  10. Germany (2.2 tons)
  11. United Kingdom (1.7 tons)

Source: IndexBox Market Intelligence Platform

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