Chile: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Chile

The Chilean sawnwood (coniferous) market reduced notably to $X in 2022, with a decrease of -61.7% against the previous year. In general, consumption recorded a abrupt setback. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Sawnwood (Coniferous) Production in Chile

In value terms, sawnwood (coniferous) production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by 33%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Sawnwood (Coniferous) Exports

Exports from Chile

In 2022, the amount of sawnwood (coniferous) exported from Chile soared to X cubic meters, jumping by 5,177% on the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X cubic meters) was the main destination for sawnwood (coniferous) exports from Chile, with a 30% share of total exports. Moreover, sawnwood (coniferous) exports to the United States exceeded the volume sent to the second major destination, Mexico (X cubic meters), twofold. The third position in this ranking was taken by South Korea (X cubic meters), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +96.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+81.1% per year) and South Korea (+85.7% per year).

In value terms, the United States ($X) remains the key foreign market for sawnwood (coniferous) exports from Chile, comprising 30% of total exports. The second position in the ranking was taken by Mexico ($X), with a 13% share of total exports. It was followed by South Korea, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +100.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+85.2% per year) and South Korea (+89.9% per year).

Export Prices by Country

The average sawnwood (coniferous) export price stood at $X per cubic meter in 2022, picking up by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 when the average export price increased by 41%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while the average price for exports to the United Arab Emirates ($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 Guatemala (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Chile

In 2022, supplies from abroad of sawnwood (coniferous) increased by 3,464% to X cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (coniferous) imports skyrocketed to $X in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Uruguay (X cubic meters), the United States (X cubic meters) and the Netherlands (X cubic meters) were the main suppliers of sawnwood (coniferous) imports to Chile, together comprising 89% of total imports. Canada and Argentina lagged somewhat behind, together comprising a further 8.9%.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +216.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X) constituted the largest supplier of sawnwood (coniferous) to Chile, comprising 52% of total imports. The second position in the ranking was held by the United States ($X), with a 23% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Uruguay stood at +69.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+52.6% per year) and the Netherlands (+90.6% per year).

Import Prices by Country

The average sawnwood (coniferous) import price stood at $X per cubic meter in 2022, jumping by 42% against the previous year. Over the period under review, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2020 an increase of 260% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 Argentina ($X per cubic meter), while the price for the Netherlands ($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 Argentina (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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