Latin America and the Caribbean: Roundwood Market 2025

Roundwood Market Size in Latin America and the Caribbean

The Latin American roundwood market contracted slightly to $X in 2022, almost unchanged from the previous year. In general, consumption, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Roundwood Production in Latin America and the Caribbean

In value terms, roundwood production reached $X in 2022 estimated in export price. Over the period under review, production recorded a mild contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Roundwood Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of roundwood decreased by X% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X cubic meters in 2021, and then contracted dramatically in the following year.

In value terms, roundwood exports contracted to $X in 2022. In general, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Uruguay represented the major exporting country with an export of about X cubic meters, which finished at X% of total exports. It was distantly followed by Brazil (X cubic meters), comprising a X% share of total exports. Ecuador (X cubic meters) and Suriname (X cubic meters) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to roundwood exports from Uruguay stood at X%. At the same time, Brazil (X%), Suriname (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Brazil, Suriname and Ecuador increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X) remains the largest roundwood supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

In Uruguay, roundwood exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Ecuador (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Suriname ($X per cubic meter), while Uruguay ($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 Suriname (X%), while the other leaders experienced more modest paces of growth.

Roundwood Imports

Imports in Latin America and the Caribbean

In 2022, imports of roundwood in Latin America and the Caribbean soared to X cubic meters, jumping by X% on the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X cubic meters. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, roundwood imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of roundwood imports in 2022 were Bahamas (X cubic meters), the Dominican Republic (X cubic meters), Mexico (X cubic meters) and Cayman Islands (X cubic meters), together accounting for X% of total import. It was distantly followed by Brazil (X cubic meters), mixing up a X% share of total imports. The following importers - British Virgin Islands (X cubic meters), Uruguay (X cubic meters), Peru (X cubic meters) and Turks and Caicos Islands (X cubic meters) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cayman Islands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported roundwood in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

In the Dominican Republic, roundwood imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Uruguay (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per cubic meter, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per cubic meter in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($X per cubic meter), while Bahamas ($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 Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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