Guatemala: Sawnwood Market 2024

Sawnwood Market Size in Guatemala

The Guatemalan sawnwood market was estimated at $X in 2022, remaining constant against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sawnwood Production in Guatemala

In value terms, sawnwood production expanded modestly to $X in 2022 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Sawnwood Exports

Exports from Guatemala

Sawnwood exports from Guatemala rose modestly to X cubic meters in 2022, picking up by X% on 2021 figures. Overall, exports, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sawnwood exports soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

El Salvador (X cubic meters) was the main destination for sawnwood exports from Guatemala, with a X% share of total exports. Moreover, sawnwood exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X cubic meters), fivefold. The third position in this ranking was taken by the United States (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and the United States (X% per year).

In value terms, the largest markets for sawnwood exported from Guatemala were El Salvador ($X), the United States ($X) and Honduras ($X), with a combined X% share of total exports.

Honduras, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average sawnwood export price amounted to $X per cubic meter, with an increase of X% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price 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, sawnwood export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

Sawnwood Imports

Imports into Guatemala

After two years of growth, supplies from abroad of sawnwood decreased by X% to X cubic meters in 2022. In general, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum at X cubic meters in 2021, and then dropped in the following year.

In value terms, sawnwood imports skyrocketed to $X in 2022. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Chile (X cubic meters), Brazil (X cubic meters) and Uruguay (X cubic meters) were the main suppliers of sawnwood imports to Guatemala, with a combined X% share of total imports. Argentina and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sawnwood suppliers to Guatemala were Chile ($X), Brazil ($X) and Uruguay ($X), together accounting for X% of total imports. The United States and Argentina lagged somewhat behind, together accounting for a further X%.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sawnwood import price stood at $X per cubic meter in 2022, growing by X% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price 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, sawnwood import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

Source: IndexBox Platform

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