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 2019, after two years of growth, there was significant decline in the Ecuadorian market for saw logs and veneer logs (non-coniferous), when its value decreased by -X% to $X. Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

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

In value terms, production of saw logs and veneer logs (non-coniferous) shrank markedly to $X in 2019 estimated in export prices. In general, production saw a buoyant increase. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018, and then contracted dramatically in the following year.

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

Exports from Ecuador

Exports of saw logs and veneer logs (non-coniferous) from Ecuador soared to X cubic meters in 2019, with an increase of X% compared with the year before. Over the period under review, exports posted a strong increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2019. In general, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

China (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Ecuador, accounting for a X% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to China exceeded the volume sent to the second major destination, Malaysia (X cubic meters), twofold.

From 2007 to 2019, the average annual growth rate of volume to China stood at +X%.

In value terms, China ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Ecuador, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to China totaled +X%.

Export Prices by Country

In 2019, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, reducing by -X% against the previous year. Over the period under review, the export price, however, saw prominent growth. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per cubic meter in 2018, and then reduced dramatically in the following year.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was Malaysia ($X per cubic meter), while the average price for exports to China amounted to $X per cubic meter.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China.

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

Imports into Ecuador

After two years of decline, overseas purchases of saw logs and veneer logs (non-coniferous) increased by X% to X cubic meters in 2019. Overall, imports, however, faced a abrupt shrinkage. Imports peaked at X cubic meters in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) soared to $X in 2019. Over the period under review, imports, however, showed a deep slump. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Germany (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 Germany exceeded the figures recorded by the second-largest supplier, Poland (X cubic meters), sixfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Germany amounted to +X%.

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

From 2007 to 2019, the average annual growth rate of value from Germany totaled +X%.

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2019, reducing by -X% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Poland ($X per cubic meter), while the price for Germany amounted to $X per cubic meter.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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The countries with the highest volumes of consumption of saw logs and veneer logs (non-coniferous) in 2019 were China (182M cubic meters), Brazil (113M cubic meters) and the U.S. (92M cubic meters), with a combined 44% share of global consumption. Indonesia, India, Viet Nam, Russia, Canada, Finland, Chile, Australia and Thailand lagged somewhat behind, together comprising a further 32%.

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

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The countries with the highest volumes of production of saw logs and veneer logs (non-coniferous) in 2019 were China (160M cubic meters), Brazil (114M cubic meters) and the U.S. (94M cubic meters), with a combined 42% share of global production. These countries were followed by Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia and Thailand, which together accounted for a further 31%.

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

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In value terms, Germany ($3.3K) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Ecuador, comprising 73% of total imports. The second position in the ranking was occupied by Poland ($793), with a 17% share of total imports.

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

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In value terms, China ($53M) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Ecuador, comprising 68% of total exports. The second position in the ranking was occupied by Malaysia ($23M), with a 29% share of total exports.

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

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The average export price for saw logs and veneer logs (non-coniferous) stood at $69 per cubic meter in 2019, reducing by -33.9% against the previous year.

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

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The average import price for saw logs and veneer logs (non-coniferous) stood at $143 per cubic meter in 2019, waning by -14.2% against the previous year.