Costa Rica: Sawnwood Market 2024

Sawnwood Market Size in Costa Rica

The Costa Rican sawnwood market skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a slight curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sawnwood Production in Costa Rica

In value terms, sawnwood production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Sawnwood production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sawnwood Exports

Exports from Costa Rica

In 2022, the amount of sawnwood exported from Costa Rica dropped dramatically to X cubic meters, which is down by X% against 2021 figures. Over the period under review, exports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X cubic meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, sawnwood exports contracted notably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India (X cubic meters) was the main destination for sawnwood exports from Costa Rica, with a X% share of total exports. Moreover, sawnwood exports to India exceeded the volume sent to the second major destination, the United States (X cubic meters), fivefold. China (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

In value terms, the largest markets for sawnwood exported from Costa Rica were the United States ($X), India ($X) and Canada ($X), together comprising X% of total exports.

In terms of the main countries of destination, Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood export price amounted to $X per cubic meter, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight reduction. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to India ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood Imports

Imports into Costa Rica

In 2022, the amount of sawnwood imported into Costa Rica rose markedly to X cubic meters, surging by X% on 2021 figures. In general, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, sawnwood imports surged to $X in 2022. Over the period under review, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Chile (X cubic meters) constituted the largest sawnwood supplier to Costa Rica, accounting for a X% share of total imports. Moreover, sawnwood imports from Chile exceeded the figures recorded by the second-largest supplier, Venezuela (X cubic meters), eightfold. The United States (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Venezuela (X% per year) and the United States (X% per year).

In value terms, Chile ($X) constituted the largest supplier of sawnwood to Costa Rica, comprising X% of total imports. The second position in the ranking was held by Venezuela ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Venezuela (X% per year) and Argentina (X% per year).

Import Prices by Country

The average sawnwood import price stood at $X per cubic meter in 2022, increasing by X% against the previous year. In general, the import price saw buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per cubic meter), while the price for Venezuela ($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 Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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