Peru: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Peru

The Peruvian sawnwood (non-coniferous) market fell notably to $X in 2022, shrinking by -30.2% against the previous year. Overall, consumption saw a slight decrease. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Sawnwood (Non-Coniferous) Production in Peru

In value terms, sawnwood (non-coniferous) production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2015 with an increase of 56% against the previous year. Sawnwood (non-coniferous) production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Sawnwood (Non-Coniferous) Exports

Exports from Peru

Sawnwood (non-coniferous) exports from Peru soared to X cubic meters in 2022, increasing by 73% against 2021. In general, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 when exports increased by 115% against the previous year. Over the period under review, the exports attained the peak figure at X cubic meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, sawnwood (non-coniferous) exports soared to $X in 2022. Over the period under review, exports showed a modest expansion. The pace of growth was the most pronounced in 2017 when exports increased by 171% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X cubic meters), the Dominican Republic (X cubic meters) and Ecuador (X cubic meters) were the main destinations of sawnwood (non-coniferous) exports from Peru, together accounting for 62% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of +71.6%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Dominican Republic ($X) and Vietnam ($X) constituted the largest markets for sawnwood (non-coniferous) exported from Peru worldwide, with a combined 60% share of total exports.

Vietnam, with a CAGR of +49.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sawnwood (non-coniferous) export price stood at $X per cubic meter in 2022, with an increase of 28% against the previous year. Overall, the export price posted a buoyant expansion. The growth pace was the most rapid in 2015 an increase of 39% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to Ecuador ($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 the United States (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports into Peru

In 2022, the amount of sawnwood (non-coniferous) imported into Peru was estimated at X cubic meters, surging by 2.8% against 2021 figures. Overall, imports showed resilient growth. The growth pace was the most rapid in 2020 with an increase of 201%. As a result, imports reached the peak of X cubic meters. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sawnwood (non-coniferous) imports declined slightly to $X in 2022. Over the period under review, imports saw slight growth. The pace of growth appeared the most rapid in 2018 when imports increased by 190% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest supplier of sawnwood (non-coniferous) to Peru, with a 71% share of total imports. Moreover, sawnwood (non-coniferous) imports from Brazil exceeded the figures recorded by the second-largest supplier, Chile (X cubic meters), fivefold. The third position in this ranking was taken by Bolivia (X cubic meters), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +54.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-2.1% per year) and Bolivia (+7.7% per year).

In value terms, Brazil ($X) constituted the largest supplier of sawnwood (non-coniferous) to Peru, comprising 56% of total imports. The second position in the ranking was taken by Chile ($X), with a 25% share of total imports. It was followed by Bolivia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +40.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-3.6% per year) and Bolivia (+3.0% per year).

Import Prices by Country

In 2022, the average sawnwood (non-coniferous) import price amounted to $X per cubic meter, declining by -3% against the previous year. Overall, the import price saw a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 136%. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2022, the average import prices remained at a somewhat 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 Italy ($X per cubic meter), while the price for Brazil ($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 Ecuador (+20.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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