Uruguay: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Uruguay

In 2020, the Uruguayan wood fuel (non-coniferous) market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2020, consumption remained at a lower figure.

Wood Fuel (Non-Coniferous) Production in Uruguay

In value terms, wood fuel (non-coniferous) production expanded significantly to $X in 2020 estimated in export prices. Over the period under review, production showed a slight decrease. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from Uruguay

For the third year in a row, Uruguay recorded decline in overseas shipments of wood fuel (non-coniferous), which decreased by -X% to X cubic meters in 2020. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, exports reached the peak of X cubic meters. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) exports dropped remarkably to $X in 2020. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X cubic meters) was the main destination for wood fuel (non-coniferous) exports from Uruguay, with a X% share of total exports. Moreover, wood fuel (non-coniferous) exports to Germany exceeded the volume sent to the second major destination, Belgium (X cubic meters), twofold. Israel (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Israel (-X% per year).

In value terms, the largest markets for wood fuel (non-coniferous) exported from Uruguay were Belgium ($X), Germany ($X) and Israel ($X), together comprising X% of total exports.

Among the main countries of destination, Belgium recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per cubic meter. from 2016 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per cubic meter), while the average price for exports to France ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Wood Fuel (Non-Coniferous) Imports

Imports into Uruguay

In 2020, supplies from abroad of wood fuel (non-coniferous) decreased by -X% to X cubic meters, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) imports reduced rapidly to $X in 2020. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

Brazil (X cubic meters), Bolivia (X cubic meters) and Argentina (X cubic meters) were the main suppliers of wood fuel (non-coniferous) imports to Uruguay, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bolivia, while imports for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X), Bolivia ($X) and Argentina ($X) constituted the largest wood fuel (non-coniferous) suppliers to Uruguay, with a combined X% share of total imports.

Bolivia recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood fuel (non-coniferous) import price stood at $X per cubic meter in 2020, shrinking by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. As a result, import price attained the peak level of $X per cubic meter. from 2014 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per cubic meter), while the price for Argentina ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bolivia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform