Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Australia - 2024

Contents:

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

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

The average import price for wood; assembled flooring panels, other than multilayer or mosaic stood at $2,729 per ton in 2022, falling by -2.6% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 -3.3% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 51%. The import price peaked at $2,822 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($2,733 per ton) and Indonesia ($2,733 per ton), while the price for Lithuania ($2,714 per ton) and Malaysia ($2,714 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $3,338 per ton in 2022, falling by -3.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. As a result, the export price attained the peak level of $4,358 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Papua New Guinea ($3,395 per ton) and New Zealand ($3,395 per ton), while the average price for exports to Singapore ($2,984 per ton) and Malaysia ($3,182 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norfolk Island (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of wood; assembled flooring panels, other than multilayer or mosaic imported into Australia expanded markedly to 16K tons, picking up by 12% compared with the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic expanded rapidly to $42M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.018.025.026.824.2%
Malaysia9.46.47.48.1-4.8%
Indonesia0.90.61.82.030.5%
Germany1.41.01.51.64.6%
Lithuania0.90.60.70.8-3.9%
Vietnam0.10.10.80.8100.0%
Others2.51.51.62.1-5.6%
Total29.128.238.942.313.3%

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

  1. China (9.8K tons)
  2. Malaysia (3.0K tons)
  3. Indonesia (0.7K tons)
  4. Germany (0.6K tons)
  5. Lithuania (0.3K tons)
  6. Vietnam (0.3K tons)

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

In 2022, approx. 430 tons of wood; assembled flooring panels, other than multilayer or mosaic were exported from Australia; increasing by 25% against the previous year. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 136%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic soared to $1.4M in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 102%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1055628521,123120.3%
Singapore5.286.886.4114179.9%
Papua New Guinea25.033.758.276.645.2%
Malaysia61.867.718.861.7-0.1%
Norfolk Island42.244.319.244.01.4%
Japan58.1201N/AN/A246.0%
China175N/A106N/A-22.2%
Others95.715156.116.8-44.0%
Total5681,1471,1961,43636.2%

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

  1. New Zealand (330.7 tons)
  2. Singapore (38.1 tons)
  3. Papua New Guinea (22.6 tons)
  4. Malaysia (19.4 tons)
  5. Norfolk Island (13.8 tons)

Source: IndexBox Market Intelligence Platform

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