Brazil: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Brazil

The Brazilian wood chips and particles market shrank to $X in 2022, declining by -7.6% against the previous year. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 -20.1% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Wood Chips And Particles in Brazil

In value terms, wood chips and particles production declined to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +4.7% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 69%. Wood chips and particles production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Wood Chips And Particles

Exports from Brazil

In 2022, overseas shipments of wood chips and particles increased by 8.4% to X cubic meters, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +5.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 15%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, wood chips and particles exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X cubic meters) was the main destination for wood chips and particles exports from Brazil, with a 48% share of total exports. Moreover, wood chips and particles exports to China exceeded the volume sent to the second major destination, Portugal (X cubic meters), twofold. The third position in this ranking was held by Japan (X cubic meters), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+34.7% per year) and Japan (-14.2% per year).

In value terms, China ($X), Portugal ($X) and Japan ($X) appeared to be the largest markets for wood chips and particles exported from Brazil worldwide, with a combined 82% share of total exports. Denmark, Finland and France lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Denmark, with a CAGR of +113.7%, recorded 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 wood chips and particles export price amounted to $X per cubic meter, surging by 6.4% against the previous year. Overall, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2019 an increase of 12%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a 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 Portugal ($X per cubic meter), while the average price for exports to Denmark ($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 France (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips And Particles

Imports into Brazil

For the eleventh consecutive year, Brazil recorded growth in overseas purchases of wood chips and particles, which increased by 32% to X cubic meters in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 97%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, wood chips and particles imports surged to $X in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States (X cubic meters), Argentina (X cubic meters) and Germany (X cubic meters) were the main suppliers of wood chips and particles imports to Brazil, together accounting for 97% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +58.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of wood chips and particles to Brazil, comprising 87% of total imports. The second position in the ranking was held by Germany ($X), with a 7.1% share of total imports. It was followed by France, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+65.2% per year) and France (+11.1% per year).

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2022, growing by 3.5% against the previous year. In general, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2021 an increase of 25%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($X per cubic meter), while the price for Argentina ($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 Germany (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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