Latin America and the Caribbean: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Latin America and the Caribbean

In 2022, the Latin American sawnwood (non-coniferous) market increased by X% to $X, rising for the second consecutive year after eight years of decline. Overall, consumption, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sawnwood (Non-Coniferous) Production in Latin America and the Caribbean

In value terms, sawnwood (non-coniferous) production fell slightly to $X in 2022 estimated in export price. In general, production recorded a deep setback. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Sawnwood (Non-Coniferous) Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of sawnwood (non-coniferous) increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, sawnwood (non-coniferous) exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Brazil (X cubic meters) represented the major exporter of sawnwood (non-coniferous), comprising X% of total exports. Uruguay (X cubic meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Bolivia (X%), Peru (X%), Ecuador (X%) and Guyana (X%). Panama (X cubic meters) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Panama (X%) and Bolivia (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Guyana and Uruguay experienced a relatively flat trend pattern. By contrast, Peru (X%) and Ecuador (X%) illustrated a downward trend over the same period. Bolivia (X p.p.), Brazil (X p.p.), Guyana (X p.p.) and Panama (X p.p.) significantly strengthened its position in terms of the total exports, while Uruguay, Ecuador and Peru saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Brazil ($X), Ecuador ($X) and Uruguay ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Peru, Bolivia, Guyana and Panama lagged somewhat behind, together comprising a further X%.

Panama, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ecuador ($X per cubic meter), while Panama ($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 Uruguay (X%), while the other leaders experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports in Latin America and the Caribbean

In 2022, sawnwood (non-coniferous) imports in Latin America and the Caribbean skyrocketed to X cubic meters, jumping by X% on 2021. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sawnwood (non-coniferous) imports surged to $X in 2022. Total imports indicated resilient 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Mexico (X cubic meters) represented the major importer of sawnwood (non-coniferous), constituting X% of total imports. Chile (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Dominican Republic (X%). The following importers - Bahamas (X cubic meters) and Brazil (X cubic meters) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sawnwood (non-coniferous) imports into Mexico stood at X%. At the same time, Bahamas (X%), Chile (X%) and the Dominican Republic (X%) displayed positive paces of growth. Moreover, Bahamas emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) illustrated a downward trend over the same period. Chile (X p.p.), the Dominican Republic (X p.p.) and Bahamas (X p.p.) significantly strengthened its position in terms of the total imports, while Mexico and Brazil saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

In Mexico, sawnwood (non-coniferous) imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Dominican Republic (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked at $X per cubic meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per cubic meter), while Chile ($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 other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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