Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador (CIF) - 2022

In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $927 per ton, waning by -2.7% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wood; assembled flooring panels, other than multilayer or mosaic decreased by -13.4% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 110% against the previous year. As a result, import price attained the peak level of $1,601 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,276 per ton), while the price for China ($611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $794 per ton in 2022, dropping by -3.8% against the previous year. Overall, the export price saw a noticeable descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 19%. Over the period under review, the average export prices attained the maximum at $1,575 per ton in 2016; however, from 2017 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 Panama ($7,230 per ton), while the average price for exports to the United States ($470 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 Panama (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador

In 2022, approx. 625 tons of wood; assembled flooring panels, other than multilayer or mosaic were imported into Ecuador; dropping by -32.6% compared with 2021 figures. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 260%. As a result, imports reached the peak of 927 tons, and then dropped significantly in the following year.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic shrank notably to $579K in 2022. In general, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 221%. As a result, imports reached the peak of $882K, and then declined markedly in the following year.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China332136338309-2.4%
Panama11893.415917413.8%
Peru28.622.538.241.613.3%
Bolivia85.9N/AN/AN/A0%
TurkeyN/AN/A262N/A0%
Others12322.985.954.5-23.8%
Total688275882579-5.6%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Ecuador in 2022:

  1. China (505.9 tons)
  2. Panama (71.8 tons)
  3. Peru (31.8 tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador

In 2022, overseas shipments of wood; assembled flooring panels, other than multilayer or mosaic increased by 14% to 5.6 tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic stood at $4.4K in 2022. Overall, exports, however, continue to indicate a abrupt downturn.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.72.52.22.4-3.9%
Panama2.72.31.81.9-11.1%
Spain0.20.10.10.1-20.6%
Others0.1N/AN/AN/A0%
Total5.84.84.04.4-8.8%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Ecuador in 2022:

  1. United States (5.2 tons)
  2. Panama (0.3 tons)
  3. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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