MERCOSUR: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in MERCOSUR

The MERCOSUR wooden furniture treatments market shrank to $X in 2022, falling by -6.9% against the previous year. Overall, consumption showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Wooden Furniture Treatments Production in MERCOSUR

In value terms, wooden furniture treatments production declined slightly to $X in 2022 estimated in export price. Overall, production saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 11%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wooden Furniture Treatments Exports

Exports in MERCOSUR

In 2022, shipments abroad of polishes and creams for wooden furniture and floors was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, recorded a abrupt setback. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden furniture treatments exports surged to $X in 2022. Overall, exports, however, saw a abrupt slump. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Argentina (X tons) was the major exporter of polishes and creams for wooden furniture and floors, comprising 39% of total exports. Chile (X tons) took the second position in the ranking, followed by Brazil (X tons), Peru (X tons) and Colombia (X tons). All these countries together took approx. 61% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of -1.2%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Argentina ($X), Chile ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 86% share of total exports.

Among the main exporting countries, Chile, with a CAGR of -4.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by 8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 23%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Chile ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.9%), while the other leaders experienced mixed trends in the export price figures.

Wooden Furniture Treatments Imports

Imports in MERCOSUR

In 2022, approx. X tons of polishes and creams for wooden furniture and floors were imported in MERCOSUR; falling by -24.1% compared with 2021 figures. Over the period under review, imports showed a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wooden furniture treatments imports dropped to $X in 2022. Overall, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) was the key importer of polishes and creams for wooden furniture and floors, generating 41% of total imports. Uruguay (X tons) took the second position in the ranking, distantly followed by Paraguay (X tons), Argentina (X tons), Peru (X tons) and Ecuador (X tons). All these countries together held near 55% share of total imports. Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Argentina (with a CAGR of +24.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Chile ($X) constitutes the largest market for imported polishes and creams for wooden furniture and floors in MERCOSUR, comprising 49% of total imports. The second position in the ranking was held by Uruguay ($X), with an 18% share of total imports. It was followed by Argentina, with a 7.9% share.

In Chile, wooden furniture treatments imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uruguay (-1.7% per year) and Argentina (+16.3% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform