Argentina: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Argentina

The Argentinian sawnwood (coniferous) market contracted to $X in 2022, dropping by -6.7% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Sawnwood (Coniferous) Production in Argentina

In value terms, sawnwood (coniferous) production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +47.5% against 2015 indices. The growth pace was the most rapid in 2021 when the production volume increased by 27%. As a result, production attained the peak level of $X, and then fell in the following year.

Sawnwood (Coniferous) Exports

Exports from Argentina

For the third year in a row, Argentina recorded decline in overseas shipments of sawnwood (coniferous), which decreased by -29.7% to X cubic meters in 2022. In general, exports continue to indicate a deep contraction. The smallest decline of -10.1% was in 2020. The exports peaked at X cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, sawnwood (coniferous) exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 46%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X cubic meters), China (X cubic meters) and Vietnam (X cubic meters) were the main destinations of sawnwood (coniferous) exports from Argentina, together comprising 64% of total exports. The Philippines, Mexico, Guatemala, the Dominican Republic and Brazil lagged somewhat behind, together accounting for a further 26%.

From 2019 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +45.4%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), China ($X) and Vietnam ($X) constituted the largest markets for sawnwood (coniferous) exported from Argentina worldwide, together comprising 64% of total exports. Mexico, the Philippines, Guatemala, the Dominican Republic and Brazil lagged somewhat behind, together accounting for a further 25%.

Among the main countries of destination, the Philippines, with a CAGR of +104.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood (coniferous) export price amounted to $X per cubic meter, with an increase of 74% against the previous year. Overall, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per cubic meter) and the Dominican Republic ($X per cubic meter), while the average price for exports to the Philippines ($X per cubic meter) and China ($X per cubic meter) were amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+59.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Argentina

In 2022, supplies from abroad of sawnwood (coniferous) was finally on the rise to reach X cubic meters for the first time since 2015, thus ending a six-year declining trend. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) imports soared to $X in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X cubic meters), the United States (X cubic meters) and Canada (X cubic meters) were the main suppliers of sawnwood (coniferous) imports to Argentina, together comprising 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +1,720.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood (coniferous) suppliers to Argentina were Spain ($X), Canada ($X) and Slovenia ($X), with a combined 85% share of total imports.

Spain, with a CAGR of +2,060.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, growing by 228% against the previous year. In general, the import price saw a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per cubic meter), while the price for the United States ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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