Latin America and the Caribbean: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Latin America and the Caribbean

The Latin American market for saw logs and veneer logs reached $X in 2023, remaining stable against the previous year. Over the period under review, consumption showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs in Latin America and the Caribbean

In value terms, saw logs and veneer logs production reached $X in 2023 estimated in export price. Over the period under review, production recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs

Exports in Latin America and the Caribbean

In 2023, saw logs and veneer logs exports in Latin America and the Caribbean was estimated at X cubic meters, picking up by X% against the previous year. In general, exports showed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, saw logs and veneer logs exports reached $X in 2023. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay prevails in exports structure, amounting to X cubic meters, which was approx. X% of total exports in 2023. It was distantly followed by Brazil (X cubic meters), comprising a X% share of total exports. The following exporters - Ecuador (X cubic meters) and Argentina (X cubic meters) - each finished at a X% share of total exports.

Exports from Uruguay increased at an average annual rate of X% from 2012 to 2023. At the same time, Brazil (X%), Argentina (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. Brazil (X p.p.) and Argentina (X p.p.) significantly strengthened its position in terms of the total exports, while Uruguay saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X) remains the largest saw logs and veneer logs supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Uruguay stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Ecuador (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per cubic meter in 2023, stabilizing at the previous year. In general, the export price saw a mild reduction. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. As a result, the export price attained the peak level of $X per cubic meter. From 2018 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Ecuador ($X per cubic meter), while Uruguay ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Saw Logs And Veneer Logs

Imports in Latin America and the Caribbean

In 2023, approx. X cubic meters of saw logs and veneer logs were imported in Latin America and the Caribbean; reducing by X% on the previous year's figure. In general, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs imports dropped markedly to $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

The purchases of the three major importers of saw logs and veneer logs, namely Cayman Islands, the Dominican Republic and Bahamas, represented more than half of total import. Peru (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%), British Virgin Islands (X%), Suriname (X%) and Uruguay (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Suriname (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported saw logs and veneer logs in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Bahamas ($X), with a X% share of total imports. It was followed by Uruguay, with an X% share.

In the Dominican Republic, saw logs and veneer logs imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Bahamas (X% per year) and Uruguay (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2023, shrinking by X% against the previous year. Import price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, saw logs and veneer logs import price increased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2020 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per cubic meter), while Brazil ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, 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