Wooden Particle Board Price in Estonia - 2023

Contents:

  1. Wooden Particle Board Price in Estonia (CIF) - 2022
  2. Wooden Particle Board Price in Estonia (FOB) - 2022
  3. Wooden Particle Board Imports in Estonia
  4. Wooden Particle Board Exports in Estonia

Wooden Particle Board Price in Estonia (CIF) - 2022

In 2022, the average wooden particle board import price amounted to $681 per cubic meter, shrinking by -38.7% against the previous year. In general, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 155%. As a result, import price reached the peak level of $1,112 per cubic meter, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,101 per cubic meter), while the price for Latvia ($17 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+100.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Particle Board Price in Estonia (FOB) - 2022

In 2022, the average wooden particle board export price amounted to $659 per cubic meter, stabilizing at the previous year. Overall, the export price recorded a noticeable expansion. The growth pace was the most rapid in 2018 an increase of 82%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($826 per cubic meter), while the average price for exports to Faroe Islands ($444 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 Norway (+6.3%).

Wooden Particle Board Imports in Estonia

In 2022, imports of wooden particle board into Estonia reduced rapidly to 7 cubic meters, with a decrease of -89.9% on 2021 figures. In general, imports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 92% against the previous year. As a result, imports attained the peak of 69 cubic meters, and then dropped dramatically in the following year.

In value terms, wooden particle board imports shrank significantly to $4.8K in 2022. Overall, imports faced a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 389%. As a result, imports reached the peak of $77K, and then reduced dramatically in the following year.

Import of Wooden Particle Board in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania1.81.93.42.613.0%
FinlandN/AN/A0.41.1175.0%
ChinaN/AN/AN/A1.10%
LatviaN/AN/AN/AN/A0%
IndiaN/AN/A53.3N/A0%
Poland18.213.713.9N/A-12.6%
Italy5.3N/A5.3N/A0.0%
Others0.20.10.6N/A73.2%
Total25.515.776.74.8-42.7%

Top Suppliers of Wooden Particle Board to Estonia in 2022:

  1. Lithuania (3.0 cubic meters)
  2. Finland (2.0 cubic meters)
  3. Latvia (1.0 cubic meters)
  4. China (1.0 cubic meters)

Wooden Particle Board Exports in Estonia

For the third consecutive year, Estonia recorded decline in overseas shipments of wooden particle board, which decreased by 0% to 35 cubic meters in 2022. In general, exports recorded significant growth. The smallest decline of -83.3% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wooden particle board exports totaled $23K in 2022. Over the period under review, exports enjoyed a significant increase. The smallest decline of -77.3% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Wooden Particle Board in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A14.00%
Faroe IslandsN/AN/AN/A6.70%
Norway1.2N/AN/A2.426.0%
Serbia0.6N/AN/AN/A0%
Finland0.20.5N/AN/A150.0%
OthersN/AN/AN/AN/A0%
Total2.00.5N/A23.1126.0%

Top Export Markets for Wooden Particle Board from Estonia in 2022:

  1. United Kingdom (17.0 cubic meters)
  2. Faroe Islands (15.0 cubic meters)
  3. Norway (3.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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