Latin America and the Caribbean: Market for Tableware And Kitchenware Of Wood 2024

Market Size for Tableware And Kitchenware Of Wood in Latin America and the Caribbean

In 2022, the Latin American wood kitchenware and tableware market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Tableware And Kitchenware Of Wood in Latin America and the Caribbean

In value terms, wood kitchenware and tableware production totaled $X in 2022 estimated in export price. The total production indicated pronounced 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 pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Tableware And Kitchenware Of Wood

Exports in Latin America and the Caribbean

In 2022, wood kitchenware and tableware exports in Latin America and the Caribbean surged to X tons, growing by X% against the previous year's figure. Over the period under review, exports recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, wood kitchenware and tableware exports skyrocketed to $X in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Mexico (X tons) and Brazil (X tons) dominates exports structure, together comprising X% of total exports. Chile (X tons) and Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wood kitchenware and tableware supplying countries in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Chile ($X), with a combined X% share of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of 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 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Chile ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

Imports of Tableware And Kitchenware Of Wood

Imports in Latin America and the Caribbean

In 2022, the amount of tableware and kitchenware of wood imported in Latin America and the Caribbean expanded modestly to X tons, increasing by X% against the year before. In general, imports saw strong growth. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, wood kitchenware and tableware imports reached $X in 2022. Overall, imports showed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Brazil represented the main importing country with an import of around X tons, which amounted to X% of total imports. Mexico (X tons) ranks second in terms of the total imports with a X% share, followed by Colombia (X%) and Argentina (X%). The following importers - Peru (X tons), Costa Rica (X tons), Ecuador (X tons), Guatemala (X tons), the Dominican Republic (X tons) and Chile (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood kitchenware and tableware importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Chile ($X), together comprising X% of total imports. Colombia, Argentina, Peru, Ecuador, Costa Rica, the Dominican Republic and Guatemala lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Peru, with a CAGR of X%, recorded 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price 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, wood kitchenware and tableware import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :