Latin America and the Caribbean: Pine Wood Market 2020

Pine Wood Market Size in Latin America and the Caribbean

The revenue of the pine wood market in Latin America and the Caribbean amounted to $X in 2017, reducing by -X% against the previous year. The pine wood consumption continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2015, when it surged by -X% year-to-year. The level of pine wood consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Pine Wood Production in Latin America and the Caribbean

In 2017, pine wood production in Latin America and the Caribbean stood at X cubic meters, approximately mirroring the previous year. The pine wood production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. The volume of pine wood production peaked in 2017, and is likely to continue its growth in the near future.

Pine Wood Exports in Latin America and the Caribbean

In 2017, pine wood exports in Latin America and the Caribbean amounted to X cubic meters, increasing by X% against the previous year. The pine wood exports continue to indicate a prominent growth. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the pine wood exports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, pine wood exports totaled $X in 2017. The pine wood exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Pine Wood Exports by Country in Latin America and the Caribbean

Chile represented the key exporting country with an export of about X cubic meters, which resulted at X% of total exports. It was distantly followed by Brazil (X cubic meters) and Argentina (X cubic meters), together mixed up X% share of total exports. Uruguay (X cubic meters) followed a long way behind the leaders.

Exports from Chile increased at an average annual rate of +X% from 2007 to 2017. At the same time, Uruguay (+X%), Argentina (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Uruguay (-X%), Argentina (-X%), Brazil (-X%) and Chile (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest pine wood supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Uruguay, with a X% share.

In Chile, pine wood exports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Uruguay (+X% per year).

Pine Wood Export Prices by Country in Latin America and the Caribbean

The pine wood export price in Latin America and the Caribbean stood at $X per cubic meter in 2017, dropping by -X% against the previous year. The pine wood export price continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2008, when it surged by -X% against the previous year. The level of export price peaked of $X per cubic meter in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per cubic meter), while Argentina ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (-X% per year), while the other leaders experienced a decline in the export price figures.

Pine Wood Imports in Latin America and the Caribbean

In 2017, imports of pine wood in Latin America and the Caribbean stood at X cubic meters, surging by X% against the previous year. The total imports indicated a modest expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pine wood imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, pine wood imports stood at $X in 2017. The pine wood imports continue to indicate a relatively flat trend pattern. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Pine Wood Imports by Country in Latin America and the Caribbean

Mexico prevails in pine wood imports structure, reaching X cubic meters, which was near X% of total imports in 2017. The following importers - Costa Rica (X cubic meters), the Dominican Republic (X cubic meters), Jamaica (X cubic meters) and Peru (X cubic meters) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to pine wood imports into Mexico stood at +X%. At the same time, Costa Rica (+X%) and Peru (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Jamaica and the Dominican Republic experienced a relatively flat trend pattern. Costa Rica (-X%) and Mexico (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported pine wood in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of global imports. It was followed by the Dominican Republic, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico was relatively modest. In the other countries, the average annual rates were as follows: Costa Rica (+X% per year) and the Dominican Republic (-X% per year).

Pine Wood Import Prices by Country in Latin America and the Caribbean

The pine wood import price in Latin America and the Caribbean stood at $X per cubic meter in 2017, declining by -X% against the previous year. The pine wood import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of import price peaked of $X per cubic meter in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Dominican Republic ($X per cubic meter), while Mexico ($X per cubic meter) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Costa Rica (-X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform