Brazil: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Brazil

The Brazilian sawnwood (non-coniferous) market fell to $X in 2022, waning by -1.7% against the previous year. In general, consumption recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 2.1% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sawnwood (Non-Coniferous) Production in Brazil

In value terms, sawnwood (non-coniferous) production fell modestly to $X in 2022 estimated in export price. Over the period under review, production faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 6.6% against the previous year. Sawnwood (non-coniferous) production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Brazil

In 2022, shipments abroad of sawnwood (non-coniferous) increased by 2.1% to X cubic meters, rising for the second consecutive year after two years of decline. Overall, total exports indicated notable growth from 2012 to 2022: its volume 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, exports increased by +5.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 22%. The exports peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sawnwood (non-coniferous) exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X cubic meters), Vietnam (X cubic meters) and the Netherlands (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from Brazil, with a combined 45% share of total exports. China, India, Spain, France, South Korea, Belgium, Mexico, the Dominican Republic, the UK and Portugal lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +57.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Vietnam ($X) were the largest markets for sawnwood (non-coniferous) exported from Brazil worldwide, with a combined 43% share of total exports. France, China, India, Belgium, Spain, the Dominican Republic, South Korea, the UK, Portugal and Mexico lagged somewhat behind, together comprising a further 47%.

South Korea, with a CAGR of +44.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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 (non-coniferous) export price amounted to $X per cubic meter, surging by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per cubic meter), while the average price for exports to Vietnam ($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 India (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Brazil

In 2022, after nine years of decline, there was significant growth in purchases abroad of sawnwood (non-coniferous), when their volume increased by 15% to X cubic meters. Over the period under review, imports, however, showed a drastic downturn. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sawnwood (non-coniferous) imports shrank rapidly to $X in 2022. In general, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 36%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bolivia (X cubic meters) constituted the largest supplier of sawnwood (non-coniferous) to Brazil, with a 51% share of total imports. Moreover, sawnwood (non-coniferous) imports from Bolivia exceeded the figures recorded by the second-largest supplier, Paraguay (X cubic meters), fourfold. The third position in this ranking was held by Argentina (X cubic meters), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bolivia totaled -10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (-26.9% per year) and Argentina (+4.6% per year).

In value terms, Ecuador ($X) constituted the largest supplier of sawnwood (non-coniferous) to Brazil, comprising 47% of total imports. The second position in the ranking was held by Bolivia ($X), with a 13% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ecuador stood at -9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (+5.8% per year) and the United States (-5.1% per year).

Import Prices by Country

In 2022, the average sawnwood (non-coniferous) import price amounted to $X per cubic meter, with a decrease of -56.1% against the previous year. Over the period under review, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 121% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2021 to 2022, the average import prices failed to regain momentum.

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 Ecuador ($X per cubic meter), while the price for Argentina ($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 Ecuador (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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