MERCOSUR: Market for Builders' Joinery And Carpentry Of Wood 2024

Market Size for Builders' Joinery And Carpentry Of Wood in MERCOSUR

After three years of decline, the MERCOSUR wooden joinery and carpentry market increased by 5.3% to $X in 2021. In general, consumption, however, saw a slight shrinkage. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Builders' Joinery And Carpentry Of Wood in MERCOSUR

In value terms, wooden joinery and carpentry production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Exports of Builders' Joinery And Carpentry Of Wood

Exports in MERCOSUR

For the seventh year in a row, MERCOSUR recorded growth in shipments abroad of builders' joinery and carpentry of wood, which increased by 11% to X tons in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +93.7% against 2012 indices. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, wooden joinery and carpentry exports surged to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +121.3% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Brazil (X tons) represented the main exporter of builders' joinery and carpentry of wood, generating 85% of total exports. It was distantly followed by Chile (X tons), constituting a 12% share of total exports.

Brazil was also the fastest-growing in terms of the builders' joinery and carpentry of wood exports, with a CAGR of +9.8% from 2012 to 2021. Chile experienced a relatively flat trend pattern. From 2012 to 2021, the share of Brazil increased by +14 percentage points.

In value terms, Brazil ($X) remains the largest wooden joinery and carpentry supplier in MERCOSUR, comprising 83% of total exports. The second position in the ranking was held by Chile ($X), with a 14% share of total exports.

In Brazil, wooden joinery and carpentry exports increased at an average annual rate of +11.8% over the period from 2012-2021.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+2.3%).

Imports of Builders' Joinery And Carpentry Of Wood

Imports in MERCOSUR

In 2021, overseas purchases of builders' joinery and carpentry of wood were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a abrupt contraction. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wooden joinery and carpentry imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt slump. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Chile (X tons), Colombia (X tons), Argentina (X tons), Uruguay (X tons) and Peru (X tons) represented roughly 80% of total imports in 2021. Brazil (X tons) ranks next in terms of the total imports with a 5.3% share, followed by Ecuador (4.6%).

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +4.4%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Chile ($X) constitutes the largest market for imported builders' joinery and carpentry of wood in MERCOSUR, comprising 36% of total imports. The second position in the ranking was held by Colombia ($X), with a 16% share of total imports. It was followed by Argentina, with an 11% share.

In Chile, wooden joinery and carpentry imports plunged by an average annual rate of -7.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (-2.8% per year) and Argentina (+3.8% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, surging by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2018 when the import price increased by 17%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Chile ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform