Price for Wood; Shingles and Shakes in Estonia - 2023

Contents:

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

Price for Wood; Shingles and Shakes in Estonia (FOB) - 2022

In 2022, the average wood; shingles and shakes export price amounted to $750 per ton, jumping by 41% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $3,067 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Norway ($1,439 per ton), while the average price for exports to Austria ($653 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 Austria (+15.0%), while the prices for the other major destinations experienced a decline.

Price for Wood; Shingles and Shakes in Estonia (CIF) - 2022

In 2022, the average wood; shingles and shakes import price amounted to $472 per ton, remaining stable against the previous year. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in 2017 when the average import price increased by 54%. The import price peaked at $1,408 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to -7.1% per year.

Exports of Wood; Shingles and Shakes in Estonia

In 2022, overseas shipments of wood; shingles and shakeses decreased by -85.7% to 2.5 tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,250%. As a result, the exports reached the peak of 18 tons, and then dropped rapidly in the following year.

In value terms, wood; shingles and shakes exports plummeted to $1.9K in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,193%. As a result, the exports reached the peak of $9.4K, and then shrank sharply in the following year.

Top Export Markets for Wood; Shingles and Shakes from Estonia in 2022:

1. France (1750.0 kg)
2. Norway (278.0 kg)
3. Austria (245.0 kg)
4. Sweden (245.0 kg)

Imports of Wood; Shingles and Shakes in Estonia

In 2022, imports of wood; shingles and shakeses into Estonia totaled 2.8 tons, remaining relatively unchanged against 2021 figures. Over the period under review, imports showed a perceptible curtailment. The smallest decline of -91.6% was in 2020.

In value terms, wood; shingles and shakes imports amounted to $1.3K in 2022. In general, imports saw a significant curtailment. The smallest decline of -94.9% was in 2020.

Top Suppliers of Wood; Shingles and Shakes to Estonia in 2022:

1. Lithuania (2.8 tons)

Source: IndexBox Market Intelligence Platform