Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia (CIF) - 2022
The average import price for wood stood at $233 per cubic meter in 2022, growing by 6.5% against the previous year. In general, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 92%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($493 per cubic meter), while the price for Germany ($133 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 (+77.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia (FOB) - 2022
The average export price for wood stood at $70 per cubic meter in 2022, growing by 37% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wood increased by +87.9% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 54% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,972 per cubic meter), while the average price for exports to South Korea ($39 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 Japan (+42.5%), 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 Indonesia
In 2022, imports of wood into Indonesia reduced to 3.9K cubic meters, with a decrease of -5.7% compared with 2021 figures. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 556% against the previous year. As a result, imports reached the peak of 4.1K cubic meters, and then declined in the following year.
In value terms, imports of wood stood at $898K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,158%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 61.4 | 36.4 | 450 | 516 | 103.3% |
| Germany | 28.8 | 19.6 | 243 | 278 | 112.9% |
| France | 14.5 | 11.1 | 76.5 | 105 | 93.5% |
| Australia | N/A | 3.9 | 69.3 | N/A | 1676.9% |
| Canada | N/A | N/A | 54.8 | N/A | 0% |
| Others | 5.9 | 0.1 | N/A | N/A | -98.3% |
| Total | 111 | 71.1 | 894 | 898 | 100.7% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Indonesia in 2022:
- Germany (2.1K cubic meters)
- United States (1.0K cubic meters)
- France (0.7K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia
In 2022, overseas shipments of wood decreased by -26.8% to 11K cubic meters, falling for the second consecutive year after two years of growth. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 91%. As a result, the exports reached the peak of 22K cubic meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wood amounted to $793K in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 34%. As a result, the exports attained the peak of $878K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 154 | 319 | 385 | 353 | 31.9% |
| China | 11.6 | 49.0 | 121 | 111 | 112.3% |
| Saudi Arabia | 167 | 174 | 52.9 | 95.2 | -17.1% |
| Philippines | 2.2 | 18.7 | 61.1 | 56.0 | 194.2% |
| Malaysia | 35.4 | 73.8 | 19.6 | 30.8 | -4.5% |
| Pakistan | 19.2 | 63.9 | 31.6 | 29.0 | 14.7% |
| India | 87.3 | N/A | N/A | N/A | 0% |
| Others | 178 | 180 | 122 | 119 | -12.6% |
| Total | 655 | 878 | 792 | 793 | 6.6% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Indonesia in 2022:
- South Korea (9.0K cubic meters)
- Philippines (0.7K cubic meters)
- Saudi Arabia (0.6K cubic meters)
- Malaysia (0.4K cubic meters)
- China (0.3K cubic meters)
- Pakistan (0.1K cubic meters)
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