Price for Wood; Shingles and Shakes in Ethiopia - 2022
Contents:
- Price for Wood; Shingles and Shakes in Ethiopia (CIF) - 2022
- Imports of Wood; Shingles and Shakes in Ethiopia
Price for Wood; Shingles and Shakes in Ethiopia (CIF) - 2022
The average wood; shingles and shakes import price stood at $3,907 per ton in 2022, rising by 125% against the previous year. In general, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($5,484 per ton), while the price for Indonesia ($375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wood; Shingles and Shakes in Ethiopia
Wood; shingles and shakes imports into Ethiopia declined rapidly to 1.8 tons in 2022, shrinking by -75.3% on the previous year. In general, imports continue to indicate a precipitous shrinkage. The smallest decline of -25.7% was in 2020.
In value terms, wood; shingles and shakes imports dropped sharply to $7.2K in 2022. Over the period under review, imports recorded a significant curtailment. The smallest decline of -29.4% was in 2020.
| Import of Wood; Shingles and Shakes in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 1.7 | 0.7 | 4.0 | 18.6% |
| Australia | 2.1 | 1.5 | 0.6 | 3.0 | 12.6% |
| Indonesia | N/A | N/A | N/A | 0.2 | 0% |
| Italy | 31.3 | 22.0 | 9.0 | N/A | -46.4% |
| Others | 0.9 | 0.6 | 2.5 | N/A | 66.7% |
| Total | 36.7 | 25.9 | 12.9 | 7.2 | -41.9% |
Top Suppliers of Wood; Shingles and Shakes to Ethiopia in 2022:
- China (802.0 kg)
- Australia (550.0 kg)
- Indonesia (480.0 kg)
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