Wooden Particle Board Price in Ethiopia - 2021

Contents:

  1. Wooden Particle Board Price in Ethiopia (CIF) - 2022
  2. Wooden Particle Board Price in Ethiopia (FOB) - 2022
  3. Wooden Particle Board Imports in Ethiopia
  4. Wooden Particle Board Exports in Ethiopia

Wooden Particle Board Price in Ethiopia (CIF) - 2022

In 2022, the average wooden particle board import price amounted to $833 per cubic meter, rising by 59% against the previous year. In general, the import price recorded a resilient increase. The growth pace was the most rapid in 2013 an increase of 106% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Swaziland ($1,370 per cubic meter), while the price for Turkey ($458 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Particle Board Price in Ethiopia (FOB) - 2022

In 2022, the average wooden particle board export price amounted to $25 per cubic meter, with a decrease of -88.7% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2017 when the average export price increased by 510%. Over the period under review, the average export prices hit record highs at $2,024 per cubic meter in 2019; however, from 2020 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 Zambia ($35 per cubic meter), while the average price for exports to Japan amounted to $15 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7,133.3%), while the prices for the other major destinations experienced mixed trend patterns.

Wooden Particle Board Imports in Ethiopia

After two years of decline, purchases abroad of wooden particle board increased by 51% to 968 cubic meters in 2022. Over the period under review, imports, however, showed a precipitous contraction. Over the period under review, imports reached the maximum at 4.4K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wooden particle board imports soared to $806K in 2022. In general, imports, however, recorded a abrupt decrease. Over the period under review, imports attained the peak figure at $1.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Wooden Particle Board in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,189490232423-29.1%
Italy7.610.714.2184189.3%
SwazilandN/AN/AN/A74.00%
AustriaN/AN/AN/A68.80%
Turkey61.039.63.19.2-46.8%
Malaysia49.037.532.8N/A-18.2%
Others80.981.754.247.0-16.6%
Total1,387659336806-16.6%

Top Suppliers of Wooden Particle Board to Ethiopia in 2022:

  1. China (654.0 cubic meters)
  2. Italy (146.0 cubic meters)
  3. Austria (78.0 cubic meters)
  4. Swaziland (54.0 cubic meters)
  5. Turkey (20.0 cubic meters)

Wooden Particle Board Exports in Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas shipments of wooden particle board, which decreased by 0% to 2 cubic meters in 2022. Overall, exports saw a dramatic contraction. The smallest decline of -33.3% was in 2021. Over the period under review, the exports attained the peak figure at 7 cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wooden particle board exports reduced sharply to $50 in 2022. Over the period under review, exports showed a significant decrease. The smallest decline of -47.1% was in 2021. Over the period under review, the exports attained the peak figure at $14K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wooden Particle Board in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/A0.4N/A0%
JapanN/AN/AN/AN/A0%
South SudanN/A0.2N/AN/A0%
Germany13.9N/AN/AN/A0%
United StatesN/A0.7N/AN/A0%
IndonesiaN/AN/AN/AN/A0%
ZambiaN/AN/AN/AN/A0%
United Arab EmiratesN/AN/A0.1N/A0%
Canada0.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total14.20.80.40.1-80.8%

Top Export Markets for Wooden Particle Board from Ethiopia in 2022:

  1. Japan (1.0 cubic meters)
  2. Zambia (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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