Latin America and the Caribbean: Veneer Sheets Market 2024

Veneer Sheets Market Size in Latin America and the Caribbean

For the third consecutive year, the Latin American veneer sheets market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption 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, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Veneer Sheets Production in Latin America and the Caribbean

In value terms, veneer sheets production expanded rapidly to $X in 2022 estimated in export price. Overall, production saw buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Veneer Sheets Exports

Exports in Latin America and the Caribbean

In 2022, exports of veneer sheets in Latin America and the Caribbean skyrocketed to X cubic meters, rising by X% compared with the previous year's figure. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, veneer sheets exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil represented the largest exporting country with an export of about X cubic meters, which finished at X% of total exports. It was distantly followed by Chile (X cubic meters), making up a X% share of total exports.

Brazil was also the fastest-growing in terms of the veneer sheets exports, with a CAGR of X% from 2012 to 2022. At the same time, Chile (X%) displayed positive paces of growth. From 2012 to 2022, the share of Brazil increased by X percentage points.

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

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per cubic meter, reducing by X% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per cubic meter), while Brazil amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%).

Veneer Sheets Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of veneer sheets increased by X% to X cubic meters, rising for the fourth consecutive year after three years of decline. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, veneer sheets imports totaled $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico prevails in imports structure, amounting to X cubic meters, which was near X% of total imports in 2022. It was distantly followed by Brazil (X cubic meters), mixing up a X% share of total imports. Honduras (X cubic meters) followed a long way behind the leaders.

Mexico was also the fastest-growing in terms of the veneer sheets imports, with a CAGR of X% from 2012 to 2022. At the same time, Honduras (X%) and Brazil (X%) displayed positive paces of growth. While the share of Mexico (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported veneer sheets in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico amounted to X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Honduras (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per cubic meter, with a decrease of X% against the previous year. In general, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per cubic meter. From 2019 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Honduras ($X per cubic meter), while Mexico ($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 a decline in the import price figures.

Source: IndexBox Platform

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