Colombia: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Colombia

The Colombian market for saw logs and veneer logs dropped slightly to $X in 2023, falling by X% against the previous year. Over the period under review, consumption, however, showed a abrupt decline. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market failed to regain momentum.

Production of Saw Logs And Veneer Logs in Colombia

In value terms, saw logs and veneer logs production shrank to $X in 2023 estimated in export price. Overall, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

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Exports of Saw Logs And Veneer Logs

Exports from Colombia

In 2023, saw logs and veneer logs exports from Colombia surged to X cubic meters, growing by X% on 2022 figures. Over the period under review, exports posted a temperate increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, saw logs and veneer logs exports rose sharply to $X in 2023. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X cubic meters) was the main destination for saw logs and veneer logs exports from Colombia, accounting for a X% share of total exports. Moreover, saw logs and veneer logs exports to India exceeded the volume sent to the second major destination, Vietnam (X cubic meters), fivefold. The third position in this ranking was taken by China (X cubic meters), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and China (X% per year).

In value terms, India ($X) remains the key foreign market for saw logs and veneer logs exports from Colombia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and China (X% per year).

Export Prices by Country

The average export price for saw logs and veneer logs stood at $X per cubic meter in 2023, which is down by X% against the previous year. In general, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2022 when the average export price increased by X% against the previous year. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to Singapore ($X per cubic meter) was amongst the lowest.

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

Imports of Saw Logs And Veneer Logs

Imports into Colombia

After two years of growth, overseas purchases of saw logs and veneer logs decreased by X% to X cubic meters in 2023. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X cubic meters in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, saw logs and veneer logs imports declined dramatically to $X in 2023. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Chile (X cubic meters) constituted the largest saw logs and veneer logs supplier to Colombia, accounting for a X% share of total imports. Moreover, saw logs and veneer logs imports from Chile exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Chile amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the United States (X% per year).

In value terms, Chile ($X) constituted the largest supplier of saw logs and veneer logs to Colombia, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the United States (X% per year).

Import Prices by Country

In 2023, the average import price for saw logs and veneer logs amounted to $X per cubic meter, which is down by X% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for Chile ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Panama (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform