Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway - 2022
Contents:
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway (CIF) - 2022
- Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway (FOB) - 2022
- Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway
- Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway (CIF) - 2022
The average import price for wood stood at $10.1 per cubic meter in December 2021, with a decrease of -2.2% against the previous month. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 8.3% m-o-m. The import price peaked at $14.6 per cubic meter in January 2021; however, from February 2021 to December 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Latvia ($10.8 per cubic meter), while the price for Sweden stood at $9.9 per cubic meter.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Latvia (0.0%).
Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway (FOB) - 2022
The average export price for wood stood at $6.1 per cubic meter in December 2021, picking up by 13% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 when the average export price increased by 34% m-o-m. The export price peaked at $6.4 per cubic meter in October 2021; however, from November 2021 to December 2021, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($8.7 per cubic meter), while the average price for exports to Germany ($3.8 per cubic meter) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway
In 2022, approx. 1.8M cubic meters of wood were imported into Norway; growing by 5.6% on the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of hit record highs at 1.9M cubic meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of wood soared to $22M in 2022. Over the period under review, imports, however, continue to indicate a pronounced shrinkage. Over the period under review, imports of hit record highs at $25M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 19.0 | 20.8 | 18.5 | 19.4 | 0.7% |
| Germany | 3.4 | 1.0 | 0.3 | 1.6 | -22.2% |
| Latvia | 2.2 | 0.9 | 0.2 | 1.1 | -20.6% |
| Others | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Total | 24.9 | 23.1 | 19.1 | 22.4 | -3.5% |
Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Norway in 2022:
- Sweden (1657.5K cubic meters)
- Germany (100.3K cubic meters)
- Latvia (86.0K cubic meters)
Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway
Exports of wood from Norway stood at 3.5M cubic meters in 2022, approximately equating the previous year's figure. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 3.1%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of wood amounted to $19M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 12%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.0 | 10.2 | 10.4 | 10.5 | 9.5% |
| Denmark | 5.8 | 5.2 | 6.2 | 6.3 | 2.8% |
| Latvia | 0.9 | 0.9 | 1.0 | 1.1 | 6.9% |
| Germany | 0.4 | 0.4 | 0.6 | 0.6 | 14.5% |
| United Kingdom | 0.2 | 0.4 | 0.5 | 0.5 | 35.7% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 15.3 | 17.2 | 18.9 | 19.0 | 7.5% |
Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Norway in 2022:
- Sweden (2168.6K cubic meters)
- Denmark (742.2K cubic meters)
- Latvia (314.4K cubic meters)
- Germany (174.0K cubic meters)
- United Kingdom (95.4K cubic meters)
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