Chile: Veneer Sheet Market 2024

Veneer Sheet Market Size in Chile

The Chilean veneer sheet market contracted to $X in 2022, waning by -12% against the previous year. In general, consumption continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 7.4%. Veneer sheet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Veneer Sheet Production in Chile

In value terms, veneer sheet production shrank slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 7.8% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Veneer Sheet Exports

Exports from Chile

Veneer sheet exports from Chile stood at X square meters in 2022, growing by 9% compared with the previous year's figure. Overall, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.2% 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 +18.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 63%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, veneer sheet exports declined to $X in 2022. In general, total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +13.9% against 2020 indices. The pace of growth was the most pronounced in 2015 when exports increased by 42%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Korea (X square meters), Mexico (X square meters) and Taiwan (Chinese) (X square meters) were the main destinations of veneer sheet exports from Chile, together accounting for 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +24.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for veneer sheet exported from Chile were South Korea ($X), Taiwan (Chinese) ($X) and Mexico ($X), with a combined 94% share of total exports.

South Korea, with a CAGR of +16.8%, saw the highest growth rate of 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 veneer sheet export price amounted to $X per square meter, waning by -11.5% against the previous year. Overall, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 17%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to South Korea ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Veneer Sheet Imports

Imports into Chile

In 2022, approx. X square meters of veneer sheets and sheets for plywood and other wood sawn lengthwise were imported into Chile; waning by -10.6% on 2021 figures. In general, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 49%. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, veneer sheet imports expanded sharply to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X square meters), Brazil (X square meters) and the United States (X square meters) were the main suppliers of veneer sheet imports to Chile, together accounting for 84% of total imports. China, Ghana and Portugal lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ghana (with a CAGR of +0.8%), while imports for the other leaders experienced a decline.

In value terms, the largest veneer sheet suppliers to Chile were Brazil ($X), Spain ($X) and the United States ($X), with a combined 78% share of total imports. These countries were followed by China, Ghana and Portugal, which together accounted for a further 14%.

In terms of the main suppliers, Ghana, with a CAGR of +0.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average veneer sheet import price amounted to $X per square meter, growing by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Spain ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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