Costa Rica: Industrial Roundwood (Coniferous) Market 2025

Industrial Roundwood (Coniferous) Market Size in Costa Rica

After three years of growth, the Costa Rican industrial roundwood (coniferous) market decreased by -0.6% to $X in 2022. Over the period under review, consumption, however, showed a prominent increase. Industrial roundwood (coniferous) consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Industrial Roundwood (Coniferous) Production in Costa Rica

In value terms, industrial roundwood (coniferous) production totaled $X in 2022 estimated in export price. In general, production continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 35%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Industrial Roundwood (Coniferous) Exports

Exports from Costa Rica

In 2022, after three years of decline, there was significant growth in overseas shipments of industrial roundwood (coniferous), when their volume increased by 6.7% to X cubic meters. Overall, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 458%. Over the period under review, the exports reached the maximum at X cubic meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood (coniferous) exports expanded rapidly to $X in 2022. In general, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 823% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X cubic meters) was the main destination for industrial roundwood (coniferous) exports from Costa Rica, with a 99% share of total exports. It was followed by India (X cubic meters), with a 1.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +7.6%.

In value terms, China ($X) remains the key foreign market for industrial roundwood (coniferous) exports from Costa Rica, comprising 99% of total exports. The second position in the ranking was held by India ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at +1.1%.

Export Prices by Country

In 2022, the average industrial roundwood (coniferous) export price amounted to $X per cubic meter, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 65% against the previous year. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to India totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.5%), while the prices for the other major destinations experienced a decline.

Industrial Roundwood (Coniferous) Imports

Imports into Costa Rica

In 2022, the amount of industrial roundwood (coniferous) imported into Costa Rica skyrocketed to X cubic meters, growing by 119% against 2021. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 269% against the previous year. Imports peaked at X cubic meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood (coniferous) imports skyrocketed to $X in 2022. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 404%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X cubic meters) was the main industrial roundwood (coniferous) supplier to Costa Rica, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile stood at +40.4%.

In value terms, Chile ($X) constituted the largest supplier of industrial roundwood (coniferous) to Costa Rica.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile totaled +42.3%.

Import Prices by Country

In 2022, the average industrial roundwood (coniferous) import price amounted to $X per cubic meter, surging by 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2014 an increase of 38%. As a result, import price attained the peak level of $X per cubic meter. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +22.7% per year.

Source: IndexBox Platform