Latin America and the Caribbean: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2024

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Latin America and the Caribbean

The Latin American market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X in 2022, leveling off at the previous year. The total consumption indicated a notable increase 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. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Latin America and the Caribbean

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X in 2022 estimated in export price. The total production indicated tangible 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 most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports in Latin America and the Caribbean

In 2022, shipments abroad of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X in 2022. Overall, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Brazil dominates panels) structure, resulting at X tons, which was near X% of total exports in 2022. Argentina (X tons) and Mexico (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) exports, with a CAGR of X% from 2012 to 2022. At the same time, Argentina (X%) displayed positive paces of growth. By contrast, Mexico (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (X p.p.) and Mexico (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced more modest paces of growth.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports in Latin America and the Caribbean

In 2022, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) in Latin America and the Caribbean contracted markedly to X tons, shrinking by X% on the year before. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) dropped significantly to $X in 2022. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons), distantly followed by Aruba (X tons), Argentina (X tons), Colombia (X tons), Chile (X tons), Bahamas (X tons) and Cayman Islands (X tons) were the main importers of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels), together generating X% of total imports. Cuba (X tons), Barbados (X tons), Falkland Islands (Malvinas) (X tons), Curacao (X tons), British Virgin Islands (X tons) and Peru (X tons) took a little share of total imports.

Imports into Mexico decreased at an average annual rate of X% from 2012 to 2022. At the same time, Aruba (X%), Barbados (X%), Cayman Islands (X%), Argentina (X%), Curacao (X%) and Falkland Islands (Malvinas) (X%) displayed positive paces of growth. Moreover, Aruba emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Cuba (X%), British Virgin Islands (X%), Colombia (X%), Peru (X%), Chile (X%) and Bahamas (X%) illustrated a downward trend over the same period. While the share of Aruba (X p.p.), Argentina (X p.p.), Mexico (X p.p.), Cayman Islands (X p.p.), Barbados (X p.p.), Cuba (X p.p.), Curacao (X p.p.) and Falkland Islands (Malvinas) (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (X p.p.), Chile (X p.p.) and Bahamas (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Chile ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Bahamas, Colombia, Aruba, Cayman Islands, Peru, Barbados, Cuba, Falkland Islands (Malvinas), Curacao and British Virgin Islands lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Aruba, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Aruba ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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