Mexico: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in Mexico

In 2022, the Mexican industrial roundwood market decreased by -6.2% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption posted a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced in the following year.

Industrial Roundwood Production in Mexico

In value terms, industrial roundwood production dropped to $X in 2022 estimated in export price. In general, production posted a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 35% against the previous year. Industrial roundwood production peaked at $X in 2021, and then declined in the following year.

Industrial Roundwood Exports

Exports from Mexico

In 2022, after two years of growth, there was significant decline in shipments abroad of industrial roundwood, when their volume decreased by -8.1% to X cubic meters. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 460% against the previous year. As a result, the exports attained the peak of X cubic meters, and then reduced in the following year.

In value terms, industrial roundwood exports skyrocketed to $X in 2022. In general, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 422% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

China (X cubic meters) was the main destination for industrial roundwood exports from Mexico, accounting for a approx. 98% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +25.8%.

In value terms, China ($X) also remains the key foreign market for industrial roundwood exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +19.2%.

Export Prices by Country

The average industrial roundwood export price stood at $X per cubic meter in 2022, surging by 25% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible descent. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.3% per year.

Industrial Roundwood Imports

Imports into Mexico

In 2022, imports of industrial roundwood into Mexico skyrocketed to X cubic meters, picking up by 18% compared with 2021. In general, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by 220% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood imports soared to $X in 2022. Overall, imports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 196%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X cubic meters) was the main industrial roundwood supplier to Mexico, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -8.1%.

In value terms, the United States ($X) constituted the largest supplier of industrial roundwood to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -3.8%.

Import Prices by Country

In 2022, the average industrial roundwood import price amounted to $X per cubic meter, picking up by 18% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial roundwood import price increased by +70.8% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 49%. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.6% per year.

Source: IndexBox Platform

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