Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam (CIF) - 2022
The average import price for wood stood at $19 per cubic meter in 2022, declining by -3.2% against the previous year. In general, the import price showed a abrupt slump. The growth pace was the most rapid in 2019 an increase of 87% against the previous year. As a result, import price attained the peak level of $94 per cubic meter. From 2020 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($43 per cubic meter), while the price for China ($8.3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.0%), while the prices for the other major suppliers experienced a decline.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam (FOB) - 2022
The average export price for wood stood at $24 per cubic meter in 2022, increasing by 34% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 40%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($80 per cubic meter), while the average price for exports to Cambodia ($18 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+50.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam
In 2022, the amount of wood imported into Vietnam expanded to 2.3K cubic meters, growing by 3.9% compared with 2021 figures. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 462% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of wood amounted to $46K in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 139% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1.3 | 5.9 | 10.5 | 25.5 | 169.7% |
| United States | 9.5 | 3.9 | 4.6 | 11.1 | 5.3% |
| China | 2.3 | 3.3 | 3.0 | 7.2 | 46.3% |
| Germany | 1.8 | 2.0 | 0.6 | 1.7 | -1.9% |
| Portugal | N/A | N/A | 26.6 | N/A | 0% |
| Others | 14.2 | 3.9 | N/A | N/A | -72.5% |
| Total | 29.0 | 18.9 | 45.3 | 45.5 | 16.2% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Vietnam in 2022:
- Australia (1046.0 cubic meters)
- China (863.0 cubic meters)
- United States (396.0 cubic meters)
- Germany (40.0 cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam
Exports of wood from Vietnam contracted markedly to 1.9K cubic meters in 2022, which is down by -92.1% on the year before. Overall, exports recorded a sharp downturn. The smallest decline of -41.7% was in 2020. The exports peaked at 111K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of wood contracted significantly to $45K in 2022. In general, exports continue to indicate a sharp decline. The smallest decline of -25.8% was in 2020. The exports peaked at $1.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 687 | 205 | 57.6 | 15.0 | -72.1% |
| Pakistan | 46.0 | 47.6 | 161 | 13.7 | -33.2% |
| Cambodia | 11.1 | 33.2 | 40.8 | 3.5 | -31.9% |
| India | 40.6 | 124 | 25.7 | 3.2 | -57.1% |
| Panama | 43.8 | 49.0 | 35.5 | 3.0 | -59.1% |
| Thailand | 50.7 | 40.2 | 18.1 | 1.9 | -66.5% |
| Australia | 3.7 | 11.9 | 10.9 | 1.0 | -35.3% |
| Malaysia | 24.7 | 11.3 | 6.9 | 0.7 | -69.5% |
| Jordan | N/A | 248 | 27.1 | N/A | -89.1% |
| Others | 217 | 64.5 | 40.1 | 2.8 | -76.5% |
| Total | 1,125 | 835 | 423 | 44.9 | -65.8% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Vietnam in 2022:
- South Korea (818.0 cubic meters)
- Pakistan (448.0 cubic meters)
- Cambodia (198.0 cubic meters)
- India (129.0 cubic meters)
- Thailand (86.0 cubic meters)
- Australia (39.0 cubic meters)
- Panama (38.0 cubic meters)
- Malaysia (36.0 cubic meters)
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