Latin America and the Caribbean: Sawnwood Market 2024

Sawnwood Market Size in Latin America and the Caribbean

In 2022, the Latin American sawnwood market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, saw a pronounced decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sawnwood Production in Latin America and the Caribbean

In value terms, sawnwood production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sawnwood Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of sawnwood decreased by X% to X cubic meters, falling for the second year in a row after nine years of growth. Total exports indicated a temperate expansion 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. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, sawnwood exports expanded markedly to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value 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. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Chile (X cubic meters) and Brazil (X cubic meters) prevails in exports structure, together comprising X% of total exports. It was distantly followed by Uruguay (X cubic meters), achieving a X% share of total exports. The following exporters - Argentina (X cubic meters) and Honduras (X cubic meters) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood supplying countries in Latin America and the Caribbean were Chile ($X), Brazil ($X) and Uruguay ($X), together accounting for X% of total exports.

Uruguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per cubic meter in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

Sawnwood Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of sawnwood increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. Total imports indicated pronounced 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. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, sawnwood imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Mexico prevails in imports structure, recording X cubic meters, which was approx. X% of total imports in 2022. It was distantly followed by the Dominican Republic (X cubic meters), mixing up a X% share of total imports. The following importers - Costa Rica (X cubic meters), Peru (X cubic meters), Bahamas (X cubic meters), Chile (X cubic meters), El Salvador (X cubic meters), Guatemala (X cubic meters), Jamaica (X cubic meters), Haiti (X cubic meters) and Trinidad and Tobago (X cubic meters) - together made up X% of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, El Salvador (X%), Chile (X%), Bahamas (X%), Guatemala (X%), the Dominican Republic (X%), Peru (X%), Haiti (X%), Jamaica (X%) and Costa Rica (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Trinidad and Tobago experienced a relatively flat trend pattern. From 2012 to 2022, the share of Mexico, El Salvador and Chile increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Mexico totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the Dominican Republic (X% per year) and Costa Rica (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per cubic meter), while Chile ($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 Costa Rica (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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