Chile: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Chile

The Chilean coniferous roundwood market dropped modestly to $X in 2022, with a decrease of -3.6% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Coniferous Roundwood Production in Chile

In value terms, coniferous roundwood production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 46%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Coniferous Roundwood Exports

Exports from Chile

Coniferous roundwood exports from Chile reduced dramatically to X cubic meters in 2022, which is down by -62.6% on the year before. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 202%. Over the period under review, the exports attained the maximum at X cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, coniferous roundwood exports contracted significantly to $X in 2022. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2017 with an increase of 185%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

China (X cubic meters) was the main destination for coniferous roundwood exports from Chile, accounting for a 45% share of total exports. Moreover, coniferous roundwood exports to China exceeded the volume sent to the second major destination, Peru (X cubic meters), twofold. The third position in this ranking was held by Japan (X cubic meters), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +30.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+77.5% per year) and Japan (-2.3% per year).

In value terms, China ($X) remains the key foreign market for roundwood (coniferous) exports from Chile, comprising 44% of total exports. The second position in the ranking was taken by Peru ($X), with a 21% share of total exports. It was followed by Japan, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+87.1% per year) and Japan (+2.6% per year).

Export Prices by Country

The average coniferous roundwood export price stood at $X per cubic meter in 2022, with an increase of 26% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coniferous roundwood export price increased by +68.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 41%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Peru ($X per cubic meter) and the UK ($X per cubic meter), while the average price for exports to China ($X per cubic meter) and Japan ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Coniferous Roundwood Imports

Imports into Chile

Coniferous roundwood imports into Chile declined rapidly to X cubic meters in 2022, waning by -20.8% compared with the previous year. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by 480% against the previous year. Imports peaked at X cubic meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, coniferous roundwood imports skyrocketed to $X in 2022. In general, imports showed a perceptible descent. The pace of growth was the most pronounced in 2019 with an increase of 286% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest supplier of coniferous roundwood to Chile, accounting for a 86% share of total imports. Moreover, coniferous roundwood imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled -5.1%.

In value terms, the United States ($X) constituted the largest supplier of roundwood (coniferous) to Chile, comprising 68% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest.

Import Prices by Country

In 2022, the average coniferous roundwood import price amounted to $X per cubic meter, growing by 48% against the previous year. Over the period under review, the import price posted buoyant growth. The growth pace was the most rapid in 2020 an increase of 91% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%).

Source: IndexBox Platform

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