Paraguay: Wood-Based Panels Market 2024

Wood-Based Panels Market Size in Paraguay

In 2022, the Paraguayan wood-based panels market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Wood-Based Panels Production in Paraguay

In value terms, wood-based panels production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Wood-based panels production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Wood-Based Panels Exports

Exports from Paraguay

Wood-based panels exports from Paraguay soared to X cubic meters in 2022, jumping by X% compared with the year before. Over the period under review, exports continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, wood-based panels exports skyrocketed to $X in 2022. In general, exports showed a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The United States (X cubic meters), Chile (X cubic meters) and the UK (X cubic meters) were the main destinations of wood-based panels exports from Paraguay, together accounting for X% of total exports. Italy, Brazil, Uruguay, Argentina and Mexico lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Chile ($X) appeared to be the largest markets for wood-based panels exported from Paraguay worldwide, with a combined X% share of total exports. Italy, Uruguay, Brazil, Argentina and Mexico lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Italy, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wood-based panels export price amounted to $X per cubic meter, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per cubic meter), while the average price for exports to Brazil ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Imports

Imports into Paraguay

After six years of growth, overseas purchases of wood-based panels decreased by X% to X cubic meters in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2021, and then dropped modestly in the following year.

In value terms, wood-based panels imports expanded markedly to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest wood-based panels supplier to Paraguay, accounting for a X% share of total imports. Moreover, wood-based panels imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X cubic meters), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Bolivia (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of wood-based panels to Paraguay, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Bolivia (X% per year).

Import Prices by Country

In 2022, the average wood-based panels import price amounted to $X per cubic meter, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per cubic meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bolivia ($X per cubic meter), while the price for Argentina ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform