Latin America and the Caribbean: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Latin America and the Caribbean

The Latin American market for saw logs and veneer logs (non-coniferous) fell to $X in 2023, leveling off at the previous year. In general, consumption recorded a pronounced curtailment. The growth pace was the most rapid in 2022 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Latin America and the Caribbean

In value terms, production of saw logs and veneer logs (non-coniferous) declined to $X in 2023 estimated in export price. Over the period under review, production saw a deep slump. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

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

Exports in Latin America and the Caribbean

Exports of saw logs and veneer logs (non-coniferous) rose notably to X cubic meters in 2023, growing by X% compared with the previous year's figure. Total exports indicated buoyant growth from 2012 to 2023: its volume 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports of attained the peak figure in 2023 and are likely to continue growth in the near future.

In value terms, exports of saw logs and veneer logs (non-coniferous) rose slightly to $X in 2023. Total exports indicated strong growth from 2012 to 2023: its value 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, exports decreased by X% against 2021 indices. 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 remained at a lower figure.

Exports by Country

Uruguay was the key exporter of saw logs and veneer logs (non-coniferous) in Latin America and the Caribbean, with the volume of exports amounting to X cubic meters, which was near X% of total exports in 2023. It was distantly followed by Brazil (X cubic meters) and Ecuador (X cubic meters), together achieving 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%) 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.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Uruguay, exports of saw logs and veneer logs (non-coniferous) 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: 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, falling by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per cubic meter in 2018; however, from 2019 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 (Non-Coniferous)

Imports in Latin America and the Caribbean

After two years of growth, supplies from abroad of saw logs and veneer logs (non-coniferous) decreased by X% to X cubic meters in 2023. Over the period under review, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X cubic meters in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) contracted sharply to $X in 2023. Total imports indicated a measured increase from 2012 to 2023: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then declined rapidly in the following year.

Imports by Country

Brazil (X cubic meters), the Dominican Republic (X cubic meters) and Uruguay (X cubic meters) represented roughly X% of total imports in 2023. Bahamas (X cubic meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by British Virgin Islands (X%). Paraguay (X cubic meters), Haiti (X cubic meters), Argentina (X cubic meters), Costa Rica (X cubic meters), Anguilla (X cubic meters), Antigua and Barbuda (X cubic meters), Turks and Caicos Islands (X cubic meters) and Cayman Islands (X cubic meters) took a minor share of total imports.

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

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

From 2012 to 2023, the average annual growth rate of value in the Dominican Republic stood at X%. In the other countries, the average annual rates were as follows: Uruguay (X% per year) and Bahamas (X% per year).

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per cubic meter, dropping by X% against the previous year. Import price indicated a perceptible expansion 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, import price for saw logs and veneer logs (non-coniferous) increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per cubic meter in 2022, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, 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 British Virgin Islands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform