Price for Wood; Posts and Beams in Estonia - 2022

Contents:

1. Price for Wood; Posts and Beams in Estonia (FOB) - 2022
2. Price for Wood; Posts and Beams in Estonia (CIF) - 2022
3. Exports of Wood; Posts and Beams in Estonia
4. Imports of Wood; Posts and Beams in Estonia

Price for Wood; Posts and Beams in Estonia (FOB) - 2022

In 2022, the average wood; posts and beams export price amounted to $1,173 per ton, waning by -15.7% against the previous year. In general, the export price, however, showed a measured increase. The growth pace was the most rapid in 2019 an increase of 112% against the previous year. Over the period under review, the average export prices hit record highs at $1,485 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($2,765 per ton), while the average price for exports to Finland ($826 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 Iceland (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood; Posts and Beams in Estonia (CIF) - 2022

The average wood; posts and beams import price stood at $1,074 per ton in 2022, which is down by -7.9% against the previous year. In general, the import price, however, enjoyed measured growth. The growth pace was the most rapid in 2013 an increase of 454%. As a result, import price attained the peak level of $3,839 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($3,448 per ton), while the price for Poland ($942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wood; Posts and Beams in Estonia

After three years of growth, shipments abroad of wood; posts and beamses decreased by -3.2% to 567 tons in 2022. The total export volume increased at an average annual rate of +10.9% over the period 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 with an increase of 32%.

In value terms, wood; posts and beams exports dropped notably to $665K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $815K, and then fell notably in the following year.

Top Export Markets for Wood; Posts and Beams from Estonia in 2022:

1. France (209.7 tons)
2. Norway (168.5 tons)
3. Finland (88.2 tons)
4. Belgium (54.3 tons)
5. United Kingdom (21.8 tons)
6. Denmark (16.6 tons)

Imports of Wood; Posts and Beams in Estonia

In 2022, purchases abroad of wood; posts and beamses was finally on the rise to reach 210 tons after two years of decline. In general, imports, however, faced a dramatic downturn.

In value terms, wood; posts and beams imports expanded sharply to $225K in 2022. Over the period under review, imports, however, saw a precipitous setback.

Top Suppliers of Wood; Posts and Beams to Estonia in 2022:

1. Poland (133.8 tons)
2. Sweden (72.1 tons)
3. Lithuania (3.6 tons)

Source: IndexBox Market Intelligence Platform