Latin America and the Caribbean: Market for Wood Chips, Particles And Residues 2024

Market Size for Wood Chips, Particles And Residues in Latin America and the Caribbean

The Latin American market for wood chips, particles and residues rose modestly to $X in 2021, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Wood Chips, Particles And Residues in Latin America and the Caribbean

In value terms, wood chips, particles and residues production contracted markedly to $X in 2021 estimated in export price. In general, production continues to indicate a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Wood Chips, Particles And Residues

Exports in Latin America and the Caribbean

In 2021, overseas shipments of wood chips, particles and residues decreased by X% to X cubic meters, falling for the third consecutive year after three years of growth. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, wood chips, particles and residues exports shrank markedly to $X in 2021. Overall, exports recorded a noticeable contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Chile represented the largest exporting country with an export of about X cubic meters, which resulted at X% of total exports. Brazil (X cubic meters) took the second position in the ranking, distantly followed by Uruguay (X cubic meters). All these countries together held near X% share of total exports. Venezuela (X cubic meters) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest wood chips, particles and residues supplying countries in Latin America and the Caribbean were Chile ($X), Brazil ($X) and Uruguay ($X), together comprising X% of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per cubic meter, shrinking by X% against the previous year. In general, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per cubic meter), while Uruguay ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the export price figures.

Imports of Wood Chips, Particles And Residues

Imports in Latin America and the Caribbean

In 2021, purchases abroad of wood chips, particles and residues increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. Total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood chips, particles and residues imports surged to $X in 2021. The total import value increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico represented the main importer of wood chips, particles and residues in Latin America and the Caribbean, with the volume of imports accounting for X cubic meters, which was approx. X% of total imports in 2021. It was distantly followed by Argentina (X cubic meters), making up a X% share of total imports. Bahamas (X cubic meters), Brazil (X cubic meters) and Haiti (X cubic meters) took a relatively small share of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2021. At the same time, Bahamas (X%) and Haiti (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 2012-2021. By contrast, Argentina (X%) and Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mexico and Bahamas increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood chips, particles and residues importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Argentina ($X), together accounting for X% of total imports.

In terms of the main importing countries, Brazil, 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

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2021, which is down by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per cubic meter in 2019; however, from 2020 to 2021, 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 Brazil ($X per cubic meter), while Haiti ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, 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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