Venezuela: Industrial Roundwood (Non-Coniferous) Market 2025

Industrial Roundwood (Non-Coniferous) Market Size in Venezuela

The Venezuelan industrial roundwood (non-coniferous) market amounted to $X in 2022, approximately equating the previous year. In general, consumption saw a mild decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Industrial Roundwood (Non-Coniferous) Production in Venezuela

In value terms, industrial roundwood (non-coniferous) production rose to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 37% against the previous year. Over the period under review, (non-coniferous) production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Industrial Roundwood (Non-Coniferous) Exports

Exports from Venezuela

For the third consecutive year, Venezuela recorded growth in overseas shipments of industrial roundwood, which increased by 25% to X cubic meters in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by 420%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, industrial roundwood (non-coniferous) exports rose slightly to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 462%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the (non-coniferous) exports failed to regain momentum.

Exports by Country

China (X cubic meters) was the main destination for industrial roundwood (non-coniferous) exports from Venezuela, accounting for a 83% share of total exports. Moreover, industrial roundwood (non-coniferous) exports to China exceeded the volume sent to the second major destination, India (X cubic meters), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +63.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+42.8% per year) and the United Arab Emirates (+149.2% per year).

In value terms, China ($X) remains the key foreign market for industrial roundwood exports from Venezuela, comprising 73% of total exports. The second position in the ranking was held by India ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to +50.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+39.7% per year) and the United Arab Emirates (+76.6% per year).

Export Prices by Country

In 2022, the average industrial roundwood (non-coniferous) export price amounted to $X per cubic meter, which is down by -18.3% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 10% against the previous year. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per cubic meter), while the average price for exports to the United Arab Emirates ($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 India (-2.2%), while the prices for the other major destinations experienced a decline.

Industrial Roundwood (Non-Coniferous) Imports

Imports into Venezuela

For the eleventh year in a row, Venezuela recorded growth in supplies from abroad of industrial roundwood, which increased by 301% to X cubic meters in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial roundwood (non-coniferous) imports surged to $X in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X cubic meters) was the main industrial roundwood (non-coniferous) supplier to Venezuela, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +104.4%.

In value terms, the United States ($X) constituted the largest supplier of industrial roundwood to Venezuela.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +180.3%.

Import Prices by Country

In 2022, the average industrial roundwood (non-coniferous) import price amounted to $X per cubic meter, with a decrease of -6.2% against the previous year. In general, the import price, however, showed a moderate increase. The most prominent rate of growth was recorded in 2014 an increase of 79% against the previous year. The import price peaked at $X per cubic meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +37.1% per year.

Source: IndexBox Platform

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