Price for Wood; Shuttering for Concrete Constructional Work in Indonesia - 2022

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Indonesia (CIF) - 2022
  2. Price for Wood; Shuttering for Concrete Constructional Work in Indonesia (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Indonesia
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Indonesia

Price for Wood; Shuttering for Concrete Constructional Work in Indonesia (CIF) - 2022

The average import price for wood; shuttering for concrete constructional work stood at $312 per ton in 2022, declining by -52.8% against the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $1,901 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.2% per year.

Price for Wood; Shuttering for Concrete Constructional Work in Indonesia (FOB) - 2022

In 2022, the average export price for wood; shuttering for concrete constructional work amounted to $958 per ton, with an increase of 7.5% against the previous year. In general, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 24%. The export price peaked at $1,557 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($4,256 per ton), while the average price for exports to Taiwan (Chinese) ($530 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 Kuwait (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Shuttering for Concrete Constructional Work in Indonesia

In 2022, overseas purchases of wood; shuttering for concrete constructional work increased by 214% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt slump.

In value terms, imports of wood; shuttering for concrete constructional work soared to $403K in 2022. In general, imports, however, continue to indicate a dramatic downturn.

Import of Wood; Shuttering for Concrete Constructional Work in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China65115886.9402-14.8%
Austria49.719.312.2N/A-50.5%
Germany52516466.9N/A-64.3%
Others43.012.01060.6-75.9%
Total1,269353272403-31.8%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Indonesia in 2022:

  1. China (1290.0 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Indonesia

Exports of wood; shuttering for concrete constructional work from Indonesia fell remarkably to 75 tons in 2022, shrinking by -50.5% compared with 2021. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 1,318% against the previous year. As a result, the exports reached the peak of 151 tons, and then contracted significantly in the following year.

In value terms, exports of wood; shuttering for concrete constructional work dropped notably to $71K in 2022. Overall, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,476%. As a result, the exports attained the peak of $134K, and then shrank markedly in the following year.

Export of Wood; Shuttering for Concrete Constructional Work in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia27.64.159.437.010.3%
Taiwan (Chinese)2.10.217.59.163.0%
Maldives16.52.433.48.6-19.5%
Kuwait8.10.910.14.8-16.0%
Norway1.20.22.31.45.3%
Others5.40.711.510.524.8%
Total60.98.513471.45.4%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Indonesia in 2022:

  1. Croatia (47.4 tons)
  2. Taiwan (Chinese) (17.3 tons)
  3. Maldives (5.5 tons)
  4. Norway (1.4 tons)
  5. Kuwait (1.1 tons)

Source: IndexBox Market Intelligence Platform

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