Colombia: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Colombia

The Colombian wood chips and particles market contracted to $X in 2022, remaining constant against the previous year. In general, consumption, however, showed a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Wood Chips And Particles in Colombia

In value terms, wood chips and particles production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Wood chips and particles production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Wood Chips And Particles

Exports from Colombia

In 2022, overseas shipments of wood chips and particles were finally on the rise to reach X cubic meters after two years of decline. Overall, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood chips and particles exports surged to $X in 2022. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X cubic meters) was the main destination for wood chips and particles exports from Colombia, with a X% share of total exports. Moreover, wood chips and particles exports to Peru exceeded the volume sent to the second major destination, Luxembourg (X cubic meters), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru totaled X%.

In value terms, Peru ($X) remains the key foreign market for wood chips and particles exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Luxembourg ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Peru totaled X%.

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2022, dropping by X% against the previous year. In general, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per cubic meter. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per cubic meter), while the average price for exports to Luxembourg totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%).

Imports of Wood Chips And Particles

Imports into Colombia

In 2022, approx. X cubic meters of wood chips and particles were imported into Colombia; rising by X% on the previous year's figure. Over the period under review, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X cubic meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, wood chips and particles imports rose notably to $X in 2022. In general, imports recorded a mild increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest supplier of wood chips and particles to Colombia, accounting for a X% share of total imports. Moreover, wood chips and particles imports from the United States exceeded the figures recorded by the second-largest supplier, Ecuador (X cubic meters), threefold.

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

In value terms, the largest wood chips and particles suppliers to Colombia were the United States ($X), Ecuador ($X) and Germany ($X), together comprising X% of total imports.

In terms of the main suppliers, Ecuador, 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 a decline.

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2022, declining by X% against the previous year. Over the period under review, the import price faced a abrupt downturn. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for the United States ($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 Ecuador (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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