Latin America and the Caribbean: Wood Residues Market 2022

Wood Residues Market Size in Latin America and the Caribbean

The Latin American wood residues market rose modestly to $X in 2020, increasing by X% against the previous year. The total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Wood Residues Production in Latin America and the Caribbean

In value terms, wood residues production stood at $X in 2020 estimated in export prices. In general, production showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The country with the largest volume of wood residues production was Brazil (X cubic meters), comprising approx. X% of total volume. Moreover, wood residues production in Brazil exceeded the figures recorded by the second-largest producer, Chile (X cubic meters), tenfold. The third position in this ranking was occupied by El Salvador (X cubic meters), with a X% share.

In Brazil, wood residues production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Chile (X% per year) and El Salvador (X% per year).

Wood Residues Exports

Exports in Latin America and the Caribbean

After two years of growth, shipments abroad of wood residues decreased by -X% to X cubic meters in 2020. Overall, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of X cubic meters. from 2009 to 2020, the growth exports failed to regain the momentum.

In value terms, wood residues exports reached $X in 2020. Over the period under review, exports continue to indicate a mild descent. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports remained at a lower figure.

Exports by Country

In 2020, Mexico (X cubic meters), distantly followed by Argentina (X cubic meters) and Honduras (X cubic meters) were the main exporters of wood residues, together making up X% of total exports. The following exporters - Uruguay (X cubic meters) and Suriname (X cubic meters) - each finished at a X% share of total exports.

From 2007 to 2020, the biggest increases were in Suriname, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Honduras ($X) remains the largest wood residues supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Suriname ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Honduras amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Suriname (+X% per year) and Uruguay (-X% per year).

Export Prices by Country

In 2020, the wood residues export price in Latin America and the Caribbean amounted to $X per cubic meter, increasing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% y-o-y. Over the period under review, export prices reached the maximum in 2020 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Honduras ($X per cubic meter), while Argentina ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Suriname, while the other leaders experienced mixed trends in the export price figures.

Wood Residues Imports

Imports in Latin America and the Caribbean

In 2020, overseas purchases of wood residues decreased by -X% to X cubic meters for the first time since 2017, thus ending a two-year rising trend. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. As a result, imports attained the peak of X cubic meters. from 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, wood residues imports dropped modestly to $X in 2020. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Brazil (X cubic meters) and Honduras (X cubic meters) dominates wood residues imports structure, together comprising X% of total imports. The following importers - Guadeloupe (X cubic meters) and Panama (X cubic meters) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in Honduras, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Panama ($X) and Guadeloupe ($X) constituted the countries with the highest levels of imports in 2020, together comprising X% of total imports.

In terms of the main importing countries, Brazil recorded 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

In 2020, the wood residues import price in Latin America and the Caribbean amounted to $X per cubic meter, approximately reflecting the previous year. In general, the import price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per cubic meter in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Panama ($X per cubic meter), while Honduras ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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