Peru: Wood-Based Panels Market 2025

Wood-Based Panels Market Size in Peru

After six years of growth, the Peruvian wood-based panels market decreased by X% to $X in 2022. Over the period under review, the total consumption 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, consumption increased by X% against 2015 indices. As a result, consumption attained the peak level of $X, and then shrank modestly in the following year.

Wood-Based Panels Production in Peru

In value terms, wood-based panels production fell modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Wood-Based Panels Exports

Exports from Peru

Wood-based panels exports from Peru contracted dramatically to X cubic meters in 2022, reducing by X% compared with the previous year. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood-based panels exports declined notably to $X in 2022. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X cubic meters) was the main destination for wood-based panels exports from Peru, accounting for a X% share of total exports. Moreover, wood-based panels exports to Mexico exceeded the volume sent to the second major destination, the Dominican Republic (X cubic meters), more than tenfold. Ecuador (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Ecuador (X% per year).

In value terms, Mexico ($X) remains the key foreign market for wood-based panels exports from Peru, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with an X% share of total exports. It was followed by Ecuador, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Ecuador (X% per year).

Export Prices by Country

The average wood-based panels export price stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price 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, wood-based panels export price increased by X% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per cubic meter), while the average price for exports to Chile ($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 Ecuador (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Imports

Imports into Peru

In 2022, purchases abroad of wood-based panels decreased by X% to X cubic meters for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X cubic meters, and then declined notably in the following year.

In value terms, wood-based panels imports fell slightly to $X in 2022. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

Ecuador (X cubic meters), Brazil (X cubic meters) and China (X cubic meters) were the main suppliers of wood-based panels imports to Peru, together comprising X% of total imports. Chile, Spain and Thailand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), Brazil ($X) and China ($X) constituted the largest wood-based panels suppliers to Peru, together accounting for X% of total imports. Spain, Chile and Thailand lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood-based panels import price stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($X per cubic meter), while the price for Thailand ($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 Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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