Price for Wood; Shingles and Shakes in Malaysia - 2021

Contents:

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

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

In 2022, the average wood; shingles and shakes export price amounted to $1,439 per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 82% against the previous year. As a result, the export price attained the peak level of $3,316 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($2,955 per ton), while the average price for exports to Mauritius ($1,243 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 Seychelles (-2.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average wood; shingles and shakes import price amounted to $315 per ton, reducing by -48.2% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 117% against the previous year. As a result, import price attained the peak level of $1,917 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 China ($1,085 per ton), while the price for Indonesia amounted to $263 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-2.8%).

Exports of Wood; Shingles and Shakes in Malaysia

In 2022, after three years of growth, there was significant decline in shipments abroad of wood; shingles and shakeses, when their volume decreased by -33.8% to 237 tons. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 210%. As a result, the exports attained the peak of 359 tons, and then contracted markedly in the following year.

In value terms, wood; shingles and shakes exports fell dramatically to $342K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 216%. As a result, the exports attained the peak of $519K, and then reduced sharply in the following year.

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

1. United States (182.3 tons)
2. Mauritius (19.8 tons)
3. Ireland (8.5 tons)
4. Maldives (6.8 tons)
5. France (6.4 tons)

Imports of Wood; Shingles and Shakes in Malaysia

After two years of decline, purchases abroad of wood; shingles and shakeses increased by 131% to 46 tons in 2022. Over the period under review, imports, however, saw a deep slump.

In value terms, wood; shingles and shakes imports surged to $15K in 2022. Overall, imports, however, faced a sharp downturn.

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

1. Indonesia (43.4 tons)
2. China (2.9 tons)

Source: IndexBox Market Intelligence Platform