Latin America and the Caribbean: Forestry Machinery Market 2020

Forestry Machinery Market Size in Latin America and the Caribbean

The revenue of the forestry machinery market in Latin America and the Caribbean amounted to $X in 2017, picking up by X% against the previous year. The forestry machinery consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2017, when market value increased by X% against the previous year. In that year, the forestry machinery market reached their peak level, and is likely to continue its growth in the immediate term.

Forestry Machinery Production in Latin America and the Caribbean

The forestry machinery production stood at X units in 2017, jumping by X% against the previous year. The total output indicated a modest growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forestry machinery production increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. In that year, the forestry machinery production attained their peak volume, and is likely to continue its growth in the immediate term.

Forestry Machinery Exports in Latin America and the Caribbean

In 2017, approx. X units of forestry machinery were exported in Latin America and the Caribbean; reducing by -X% against the previous year. The forestry machinery exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. In that year, the forestry machinery exports attained their peak volume of X units. From 2016 to 2017, growth of the forestry machinery exports failed to regain its momentum.

In value terms, forestry machinery exports stood at $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. In that year, the forestry machinery exports reached their peak level of $X. From 2009 to 2017, growth of the forestry machinery exports failed to regain its momentum.

Forestry Machinery Exports by Country in Latin America and the Caribbean

In 2017, Brazil (X units) represented the largest exporter for forestry machinery, generating X% of total exports. Mexico (X units) took the second position in the ranking, distantly followed by Jamaica (X units). All these countries together held approx. X% share of total exports. The following exporters - Peru (X units) and Paraguay (X units) each reached a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to forestry machinery exports from Brazil stood at +X%. At the same time, Paraguay (+X%) and Peru (+X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Mexico (-X%) and Jamaica (-X%) illustrated a downward trend over the same period. Jamaica (X%) and Mexico (X%) significantly strengthened its position in terms of the global exports, while Paraguay and Brazil saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest forestry machinery supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Peru, with a X% share.

In Brazil, forestry machinery exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mexico (-X% per year) and Peru (+X% per year).

Forestry Machinery Export Prices by Country in Latin America and the Caribbean

In 2017, the forestry machinery export price in Latin America and the Caribbean amounted to $X per unit, surging by X% against the previous year. The export price indicated a prominent increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forestry machinery export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017, an increase of X% against the previous year. In that year, the export prices for forestry machinery attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per unit), while Jamaica ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

Forestry Machinery Imports in Latin America and the Caribbean

In 2017, the amount of forestry machinery imported in Latin America and the Caribbean totaled X units, coming up by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forestry machinery imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Over the period under review, the forestry machinery imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, forestry machinery imports amounted to $X in 2017. The total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forestry machinery imports increased by +X% against 2014 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Forestry Machinery Imports by Country in Latin America and the Caribbean

In 2017, Chile (X units), Ecuador (X units) and Venezuela (X units) were the largest importers of forestry machinery in Latin America and the Caribbean, creating X% of total import. Argentina (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Brazil (X%) and Mexico (X%). Uruguay (X units) took the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ecuador (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest forestry machinery markets worldwide were Venezuela ($X), Mexico ($X) and Chile ($X), together comprising X% of total imports. These countries were followed by Brazil, Argentina, Uruguay and Ecuador, which together accounted for a further X%.

Ecuador (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Forestry Machinery Import Prices by Country in Latin America and the Caribbean

The forestry machinery import price in Latin America and the Caribbean stood at $X per unit in 2017, stabilizing at the previous year. The import price indicated a modest expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forestry machinery import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2009, when it surged by X% year-to-year. Over the period under review, the import prices for forestry machinery attained its maximum level of $X per unit in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mexico ($X thousand per unit), while Ecuador ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform