Brazil: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Brazil

The Brazilian sawnwood (coniferous) market reduced remarkably to $X in 2022, with a decrease of -48.6% against the previous year. Overall, consumption recorded a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sawnwood (Coniferous) Production in Brazil

In value terms, sawnwood (coniferous) production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 19% against the previous year. Sawnwood (coniferous) production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sawnwood (Coniferous) Exports

Exports from Brazil

For the fourth consecutive year, Brazil recorded growth in overseas shipments of sawnwood (coniferous), which increased by 1,550% to X cubic meters in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2017 with an increase of 5,381%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sawnwood (coniferous) exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 5,808% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X cubic meters), Mexico (X cubic meters) and Saudi Arabia (X cubic meters) were the main destinations of sawnwood (coniferous) exports from Brazil, with a combined 71% share of total exports. China, Vietnam, the United Arab Emirates, Spain, Cambodia and Cuba lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +170.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for sawnwood (coniferous) exports from Brazil, comprising 44% of total exports. The second position in the ranking was taken by Mexico ($X), with a 22% share of total exports. It was followed by Saudi Arabia, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +132.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+118.4% per year) and Saudi Arabia (+95.9% per year).

Export Prices by Country

The average sawnwood (coniferous) export price stood at $X per cubic meter in 2022, leveling off at the previous year. In general, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 24%. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($X per cubic meter), while the average price for exports to China ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+221.2%), while the prices for the other major destinations experienced a decline.

Sawnwood (Coniferous) Imports

Imports into Brazil

In 2022, purchases abroad of sawnwood (coniferous) increased by 47,505% to X cubic meters, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a significant 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. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Argentina (X cubic meters) constituted the largest sawnwood (coniferous) supplier to Brazil, with a 74% share of total imports. Moreover, sawnwood (coniferous) imports from Argentina exceeded the figures recorded by the second-largest supplier, Uruguay (X cubic meters), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina stood at +64.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+112.3% per year) and Chile (+1,524.8% per year).

In value terms, Argentina ($X) constituted the largest supplier of sawnwood (coniferous) to Brazil, comprising 72% of total imports. The second position in the ranking was held by Uruguay ($X), with a 9.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to +71.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+123.2% per year) and Chile (+2,862.4% per year).

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, growing by 151% against the previous year. Overall, the import price enjoyed prominent growth. As a result, import price attained 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 Argentina ($X per cubic meter), while the price for Uruguay ($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 Chile (+82.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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