Bolivia: Fromwork Market 2024

Fromwork Market Size in Bolivia

The Bolivian fromwork market amounted to $X in 2022, almost unchanged from the previous year. Overall, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Fromwork Production in Bolivia

In value terms, fromwork production dropped modestly to $X in 2022 estimated in export price. Overall, the total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.1% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 34% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Fromwork Exports

Exports from Bolivia

In 2022, overseas shipments of shuttering for concrete constructional work, shingles and shakes, of wood were finally on the rise to reach X tons for the first time since 2012, thus ending a nine-year declining trend. Overall, exports, however, continue to indicate a precipitous descent. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fromwork exports surged to $X in 2022. In general, exports, however, continue to indicate a deep setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for fromwork exports from Bolivia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at -32.3%.

In value terms, Canada ($X) also remains the key foreign market for shuttering for concrete constructional work, shingles and shakes, of wood exports from Bolivia.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to -14.3%.

Export Prices by Country

In 2022, the average fromwork export price amounted to $X per ton, rising by 2% against the previous year. In general, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2015 an increase of 94%. The export price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +26.6% per year.

Fromwork Imports

Imports into Bolivia

In 2022, after three years of decline, there was significant growth in purchases abroad of shuttering for concrete constructional work, shingles and shakes, of wood, when their volume increased by 391% to X tons. Over the period under review, imports, however, saw a mild setback. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, fromwork imports skyrocketed to $X in 2022. Overall, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2015 with an increase of 208%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest fromwork supplier to Bolivia, with a 56% share of total imports. Moreover, fromwork imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+16.2% per year) and Austria (-0.4% per year).

In value terms, China ($X) constituted the largest supplier of shuttering for concrete constructional work, shingles and shakes, of wood to Bolivia, comprising 56% of total imports. The second position in the ranking was taken by Spain ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+26.9% per year) and Austria (-5.5% per year).

Import Prices by Country

In 2022, the average fromwork import price amounted to $X per ton, shrinking by -49% against the previous year. Over the period under review, the import price, however, posted a pronounced increase. The pace of growth was the most pronounced in 2019 an increase of 109% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform