Ecuador: Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) 2021

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Ecuador

In 2020, the Ecuadorian market for saw logs and veneer logs (non-coniferous) increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. Over the period under review, consumption saw a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Ecuador

In value terms, production of saw logs and veneer logs (non-coniferous) surged to $X in 2020 estimated in export prices. Overall, production enjoyed a remarkable increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Ecuador

In 2020, after two years of growth, there was significant decline in shipments abroad of saw logs and veneer logs (non-coniferous), when their volume decreased by -X% to X cubic meters. Over the period under review, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X cubic meters in 2019, and then dropped dramatically in the following year.

In value terms, exports of saw logs and veneer logs (non-coniferous) declined rapidly to $X in 2020. In general, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Ecuador, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Slovakia was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Slovakia was relatively modest.

Export Prices by Country

In 2020, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, shrinking by -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, export price reached the peak level of $X per cubic meter. from 2018 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovakia.

From 2007 to 2020, the rate of growth in terms of prices for Slovakia amounted to X% per year.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Ecuador

In 2020, supplies from abroad of saw logs and veneer logs (non-coniferous) increased by X% to X cubic meters, rising for the second year in a row after two years of decline. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of saw logs and veneer logs (non-coniferous) surged to $X in 2020. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Bosnia and Herzegovina (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to Ecuador, with a X% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, Hungary (X cubic meters), sixfold. The third position in this ranking was occupied by Serbia (X cubic meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Bosnia and Herzegovina stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and Serbia (+X% per year).

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Ecuador, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Bosnia and Herzegovina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Greece (+X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2020, dropping by -X% against the previous year. Overall, the import price faced a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per cubic meter), while the price for Hungary ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary (+X% per year), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (non-coniferous) in the world?

+

The countries with the highest volumes of consumption of saw logs and veneer logs (non-coniferous) in 2020 were China (181M cubic meters), Brazil (102M cubic meters) and the U.S. (91M cubic meters), with a combined 41% share of global consumption. These countries were followed by Indonesia, India, Viet Nam, Russia, Canada, Chile, Australia, Thailand, Finland and Malaysia, which together accounted for a further 34%.

What are the largest producers of saw logs and veneer logs (non-coniferous) in the world?

+

The countries with the highest volumes of production of saw logs and veneer logs (non-coniferous) in 2020 were China (164M cubic meters), Brazil (103M cubic meters) and the U.S. (92M cubic meters), with a combined 40% share of global production. These countries were followed by Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia, Thailand and Malaysia, which together accounted for a further 33%.

What are the leading suppliers of saw logs and veneer logs (non-coniferous) to Ecuador?

+

In value terms, Bosnia and Herzegovina ($687K) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Ecuador, comprising 50% of total imports. The second position in the ranking was occupied by Germany ($245K), with a 18% share of total imports. It was followed by Greece, with a 14% share.

What is the average export price for saw logs and veneer logs (non-coniferous) in Ecuador?

+

In 2020, the average export price for saw logs and veneer logs (non-coniferous) amounted to $40 per cubic meter, declining by -55.9% against the previous year.

What is the average import price for saw logs and veneer logs (non-coniferous) in Ecuador?

+

In 2020, the average import price for saw logs and veneer logs (non-coniferous) amounted to $61 per cubic meter, shrinking by -53.6% against the previous year.