Mexico: Coniferous Roundwood Market 2025

Coniferous Roundwood Market Size in Mexico

The Mexican coniferous roundwood market expanded modestly to $X in 2022, surging by 3.1% against the previous year. Over the period under review, consumption enjoyed buoyant growth. Coniferous roundwood consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Coniferous Roundwood Production in Mexico

In value terms, coniferous roundwood production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production posted strong growth. The pace of growth was the most pronounced in 2017 with an increase of 186%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Coniferous Roundwood Exports

Exports from Mexico

After two years of growth, overseas shipments of roundwood (coniferous) decreased by -48% to X cubic meters in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 536%. Over the period under review, the exports attained the peak figure at X cubic meters in 2021, and then shrank significantly in the following year.

In value terms, coniferous roundwood exports reduced remarkably to $X in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 293%. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped markedly in the following year.

Exports by Country

China (X cubic meters) was the main destination for coniferous roundwood exports from Mexico, with a 96% share of total exports. Moreover, coniferous roundwood exports to China exceeded the volume sent to the second major destination, the United States (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +40.6%.

In value terms, China ($X) remains the key foreign market for roundwood (coniferous) exports from Mexico, comprising 99% of total exports. The second position in the ranking was taken by the United States ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China totaled +71.4%.

Export Prices by Country

In 2022, the average coniferous roundwood export price amounted to $X per cubic meter, increasing by 29% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth appeared the most rapid in 2017 an increase of 167% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to the United States totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+22.0%), while the prices for the other major destinations experienced mixed trend patterns.

Coniferous Roundwood Imports

Imports into Mexico

In 2022, imports of roundwood (coniferous) into Mexico surged to X cubic meters, with an increase of 60% against the year before. Overall, imports, however, saw a deep slump. The growth pace was the most rapid in 2019 with an increase of 500%. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coniferous roundwood imports soared to $X in 2022. Over the period under review, imports, however, faced a drastic downturn. The growth pace was the most rapid in 2019 when imports increased by 516%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X cubic meters) was the main coniferous roundwood supplier to Mexico, with a 95% share of total imports. Moreover, coniferous roundwood imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled -18.1%.

In value terms, the United States ($X) constituted the largest supplier of roundwood (coniferous) to Mexico, comprising 96% of total imports. The second position in the ranking was held by Canada ($X), with a 2.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -17.6%.

Import Prices by Country

In 2022, the average coniferous roundwood import price amounted to $X per cubic meter, shrinking by -8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 62% against the previous year. The import price peaked at $X per cubic meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Canada amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%).

Source: IndexBox Platform

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