Latin America and the Caribbean: Wood Dryer Market 2025

Wood Dryer Market Size in Latin America and the Caribbean

The Latin American wood dryer market skyrocketed to $X in 2021, with an increase of 62% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wood Dryer Production in Latin America and the Caribbean

In value terms, wood dryer production declined to $X in 2021 estimated in export price. In general, production saw a pronounced decline. The growth pace was the most rapid in 2017 with an increase of 273%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wood Dryer Exports

Exports in Latin America and the Caribbean

In 2021, approx. X units of dryers for wood, paper pulp, paper or paperboard were exported in Latin America and the Caribbean; jumping by 36% on the previous year. Overall, exports showed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 65%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, wood dryer exports surged to $X in 2021. Total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +120.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 90% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Brazil (X units) was the key exporter of dryers for wood, paper pulp, paper or paperboard, making up 59% of total exports. Chile (X units) took the second position in the ranking, followed by Mexico (X units) and Ecuador (X units). All these countries together held near 36% share of total exports. The following exporters - Colombia (X units) and Argentina (X units) - each recorded a 4.1% share of total exports.

Exports from Brazil increased at an average annual rate of +6.9% from 2012 to 2021. At the same time, Ecuador (+37.1%), Chile (+25.6%), Colombia (+19.6%), Mexico (+6.8%) and Argentina (+1.7%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +37.1% from 2012-2021. Chile (+13 p.p.) and Ecuador (+6 p.p.) significantly strengthened its position in terms of the total exports, while Argentina, Mexico and Brazil saw its share reduced by -1.5%, -2.7% and -13.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest wood dryer supplier in Latin America and the Caribbean, comprising 94% of total exports. The second position in the ranking was taken by Argentina ($X), with a 2.2% share of total exports. It was followed by Mexico, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value in Brazil amounted to +5.9%. In the other countries, the average annual rates were as follows: Argentina (-7.0% per year) and Mexico (+10.2% per year).

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per unit, falling by -14.9% against the previous year. In general, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2014 when the export price increased by 28%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+13.9%), while the other leaders experienced mixed trends in the export price figures.

Wood Dryer Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of dryers for wood, paper pulp, paper or paperboard increased by 202% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood dryer imports skyrocketed to $X in 2021. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Paraguay was the key importing country with an import of about X units, which resulted at 39% of total imports. Brazil (X units) held the second position in the ranking, followed by Uruguay (X units) and Costa Rica (X units). All these countries together held near 45% share of total imports. The following importers - Mexico (X units), Chile (X units) and Peru (X units) - together made up 8.1% of total imports.

From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of +46.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported dryers for wood, paper pulp, paper or paperboard in Latin America and the Caribbean, comprising 58% of total imports. The second position in the ranking was taken by Uruguay ($X), with a 13% share of total imports. It was followed by Chile, with an 11% share.

In Brazil, wood dryer imports expanded at an average annual rate of +22.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uruguay (+12.7% per year) and Chile (+2.7% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2021, rising by 8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the import price increased by 130%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per unit), while Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+3.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :