Guatemala: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Guatemala

The Guatemalan market for saw logs and veneer logs reached $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Saw Logs And Veneer Logs in Guatemala

In value terms, saw logs and veneer logs production expanded modestly to $X in 2022 estimated in export price. In general, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Saw Logs And Veneer Logs

Exports from Guatemala

In 2022, the amount of saw logs and veneer logs exported from Guatemala contracted sharply to X cubic meters, reducing by X% compared with 2021 figures. Over the period under review, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of X cubic meters. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, saw logs and veneer logs exports contracted significantly to $X in 2022. In general, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

India (X cubic meters) was the main destination for saw logs and veneer logs exports from Guatemala, with a X% share of total exports. Moreover, saw logs and veneer logs exports to India exceeded the volume sent to the second major destination, China (X cubic meters), threefold. Vietnam (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Vietnam (X% per year).

In value terms, the largest markets for saw logs and veneer logs exported from Guatemala were India ($X), China ($X) and Vietnam ($X), together accounting for X% of total exports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average export price for saw logs and veneer logs stood at $X per cubic meter in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per cubic meter in 2018; however, from 2019 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 China ($X per cubic meter), while the average price for exports to El Salvador ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports into Guatemala

In 2022, saw logs and veneer logs imports into Guatemala dropped notably to X cubic meters, which is down by X% on the previous year. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters, and then dropped markedly in the following year.

In value terms, saw logs and veneer logs imports reduced sharply to $X in 2022. Overall, imports, however, recorded a measured expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest saw logs and veneer logs supplier to Guatemala, with a X% share of total imports. Moreover, saw logs and veneer logs imports from the United States exceeded the figures recorded by the second-largest supplier, Honduras (X cubic meters), fourfold. The third position in this ranking was held by Venezuela (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and Venezuela (X% per year).

In value terms, the United States ($X) constituted the largest supplier of saw logs and veneer logs to Guatemala, comprising X% of total imports. The second position in the ranking was taken by Honduras ($X), with a X% share of total imports. It was followed by Venezuela, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and Venezuela (X% per year).

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs amounted to $X per cubic meter, jumping by X% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Honduras ($X per cubic meter), while the price for China ($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 Honduras (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform