Chile: Industrial Roundwood (Non-Coniferous) Market 2024

Industrial Roundwood (Non-Coniferous) Market Size in Chile

The Chilean industrial roundwood (non-coniferous) market dropped slightly to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Industrial roundwood (non-coniferous) consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Industrial Roundwood (Non-Coniferous) Production in Chile

In value terms, industrial roundwood (non-coniferous) production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 21% against the previous year. Industrial roundwood (non-coniferous) production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Industrial Roundwood (Non-Coniferous) Exports

Exports from Chile

In 2022, approx. X cubic meters of industrial roundwood were exported from Chile; dropping by -89.1% against the previous year. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 213%. The exports peaked at X cubic meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood (non-coniferous) exports declined sharply to $X in 2022. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 198% against the previous year. Over the period under review, the (non-coniferous) exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

China (X cubic meters) was the main destination for industrial roundwood (non-coniferous) exports from Chile, with a 92% share of total exports. Moreover, industrial roundwood (non-coniferous) exports to China exceeded the volume sent to the second major destination, Vietnam (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China was relatively modest.

In value terms, China ($X) remains the key foreign market for industrial roundwood exports from Chile, comprising 92% of total exports. The second position in the ranking was held by Vietnam ($X), with an 8.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at -2.0%.

Export Prices by Country

In 2022, the average industrial roundwood (non-coniferous) export price amounted to $X per cubic meter, dropping by -6.8% against the previous year. In general, the export price showed a slight setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while the average price for exports to China stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Roundwood (Non-Coniferous) Imports

Imports into Chile

In 2022, approx. X cubic meters of industrial roundwood were imported into Chile; with an increase of 36% against the previous year's figure. Overall, imports showed a measured increase. The growth pace was the most rapid in 2015 with an increase of 7,983%. As a result, imports reached the peak of X cubic meters. From 2016 to 2022, the growth of (non-coniferous) imports failed to regain momentum.

In value terms, industrial roundwood (non-coniferous) imports surged to $X in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 9,374% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest industrial roundwood (non-coniferous) supplier to Chile, accounting for a 85% share of total imports. Moreover, industrial roundwood (non-coniferous) imports from the United States exceeded the figures recorded by the second-largest supplier, Paraguay (X cubic meters), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +38.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (0.0% per year) and Finland (0.0% per year).

In value terms, Paraguay ($X) constituted the largest supplier of industrial roundwood to Chile, comprising 89% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Paraguay totaled +52.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+52.1% per year) and Finland (0.0% per year).

Import Prices by Country

In 2022, the average industrial roundwood (non-coniferous) import price amounted to $X per cubic meter, dropping by -8.2% against the previous year. Overall, the import price, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 792% against the previous year. As a result, import price reached the peak level of $X per cubic meter, and then reduced in the following year.

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 Paraguay ($X per cubic meter), while the price for Finland ($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 Paraguay (+52.0%).

Source: IndexBox Platform

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