Chile: Plywood Market 2024

Plywood Market Size in Chile

The Chilean plywood market shrank modestly to $X in 2023, with a decrease of X% against the previous year. In general, consumption saw a noticeable descent. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Plywood Production in Chile

In value terms, plywood production reached $X in 2023 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

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Plywood Exports

Exports from Chile

In 2023, approx. X cubic meters of plywood were exported from Chile; growing by X% compared with 2022 figures. Over the period under review, total exports indicated a strong expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, plywood exports dropped sharply to $X in 2023. In general, total exports indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2022, and then dropped notably in the following year.

Exports by Country

The United States (X cubic meters) was the main destination for plywood exports from Chile, with a X% share of total exports. Moreover, plywood exports to the United States exceeded the volume sent to the second major destination, Mexico (X cubic meters), fivefold. The third position in this ranking was taken by the Netherlands (X cubic meters), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) remains the key foreign market for plywood exports from Chile, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average plywood export price stood at $X per cubic meter in 2023, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per cubic meter in 2022, and then contracted markedly in the following year.

Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per cubic meter) and Canada ($X per cubic meter), while the average price for exports to Belgium ($X per cubic meter) and New Zealand ($X per cubic meter) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced a decline.

Plywood Imports

Imports into Chile

In 2023, supplies from abroad of plywood decreased by X% to X cubic meters, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, plywood imports contracted notably to $X in 2023. Over the period under review, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, China (X cubic meters) constituted the largest plywood supplier to Chile, with a X% share of total imports. Moreover, plywood imports from China exceeded the figures recorded by the second-largest supplier, Uruguay (X cubic meters), fivefold. The third position in this ranking was held by Brazil (X cubic meters), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Brazil (X% per year).

In value terms, China ($X) constituted the largest supplier of plywood to Chile, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with an X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Brazil (X% per year).

Import Prices by Country

The average plywood import price stood at $X per cubic meter in 2023, surging by X% against the previous year. In general, import price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plywood import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Germany ($X per cubic meter) and Austria ($X per cubic meter), while the price for Brazil ($X per cubic meter) and Uruguay ($X per cubic meter) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform