Latin America and the Caribbean: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Latin America and the Caribbean

For the fifth year in a row, the Latin American market for saw logs and veneer logs (non-coniferous) recorded decline in sales value, which decreased by -0.3% to $X in 2022. Overall, consumption, however, showed a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Latin America and the Caribbean

In value terms, production of saw logs and veneer logs (non-coniferous) declined slightly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt slump. The growth pace was the most rapid in 2014 when the production volume increased by 2.8%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports in Latin America and the Caribbean

In 2022, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were exported in Latin America and the Caribbean; waning by -4.6% against the year before. Total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 43% against the previous year. The volume of export peaked at X cubic meters in 2021, and then fell modestly in the following year.

In value terms, exports of saw logs and veneer logs (non-coniferous) contracted to $X in 2022. Overall, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 52% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Uruguay represented the largest exporter of saw logs and veneer logs (non-coniferous) in Latin America and the Caribbean, with the volume of exports resulting at X cubic meters, which was approx. 71% of total exports in 2022. It was distantly followed by Brazil (X cubic meters), achieving a 19% share of total exports. Suriname (X cubic meters) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to saw logs and veneer logs (non-coniferous) exports from Uruguay stood at +7.1%. At the same time, Brazil (+53.2%) and Suriname (+12.7%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +53.2% from 2012-2022. From 2012 to 2022, the share of Brazil increased by +19 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X) remains the largest saw logs and veneer logs (non-coniferous) supplier in Latin America and the Caribbean, comprising 58% of total exports. The second position in the ranking was held by Brazil ($X), with an 18% share of total exports.

In Uruguay, exports of saw logs and veneer logs (non-coniferous) expanded at an average annual rate of +7.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+35.2% per year) and Suriname (+7.7% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per cubic meter, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by 24%. The level of export peaked at $X per cubic meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 Uruguay (+0.4%), while the other leaders experienced a decline in the export price figures.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports in Latin America and the Caribbean

In 2022, the amount of saw logs and veneer logs (non-coniferous) imported in Latin America and the Caribbean soared to X cubic meters, increasing by 17% on the previous year's figure. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +109.3% against 2016 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 41%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of saw logs and veneer logs (non-coniferous) soared to $X in 2022. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 43%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Bahamas (X cubic meters) and Mexico (X cubic meters) represented roughly 53% of total imports in 2022. The Dominican Republic (X cubic meters) ranks next in terms of the total imports with a 14% share, followed by Brazil (11%) and Uruguay (7%). Argentina (X cubic meters) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bahamas (with a CAGR of +16.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X), Bahamas ($X) and Mexico ($X) were the countries with the highest levels of imports in 2022, with a combined 74% share of total imports.

Among the main importing countries, Bahamas, with a CAGR of +19.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2022, rising by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the Dominican Republic ($X per cubic meter), while Brazil ($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 the Dominican Republic (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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