Latin America and the Caribbean: Wood Residues Market 2024

Wood Residues Market Size in Latin America and the Caribbean

The Latin American wood residues market reached $X in 2020, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2020, the growth of the market remained at a somewhat lower figure.

Wood Residues Production in Latin America and the Caribbean

In value terms, wood residues production rose notably to $X in 2020 estimated in export price. Overall, production enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2020, production growth remained at a somewhat lower figure.

Wood Residues Exports

Exports in Latin America and the Caribbean

In 2020, shipments abroad of wood residues decreased by X% to X cubic meters for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X cubic meters. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, wood residues exports rose notably to $X in 2020. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

In 2020, Mexico (X cubic meters), distantly followed by Argentina (X cubic meters) and Honduras (X cubic meters) were the major exporters of wood residues, together mixing up X% of total exports. The following exporters - Uruguay (X cubic meters) and Suriname (X cubic meters) - each reached a X% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Suriname (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Honduras ($X) remains the largest wood residues supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Suriname ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2012 to 2020, the average annual growth rate of value in Honduras totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Suriname (X% per year) and Uruguay (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per cubic meter in 2020, increasing by X% against the previous year. Export price indicated a notable expansion from 2012 to 2020: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood residues export price increased by X% against 2014 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Honduras ($X per cubic meter), while Argentina ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Suriname (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Residues Imports

Imports in Latin America and the Caribbean

In 2020, after two years of growth, there was decline in supplies from abroad of wood residues, when their volume decreased by X% to X cubic meters. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at X cubic meters in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, wood residues imports declined slightly to $X in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2020, the growth of imports remained at a lower figure.

Imports by Country

Brazil (X cubic meters) and Honduras (X cubic meters) dominates imports structure, together creating X% of total imports. The following importers - Guadeloupe (X cubic meters) and Panama (X cubic meters) - together made up X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Panama (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Panama ($X) and Guadeloupe ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Among 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 2020, standing approx. at the previous year. Overall, the import price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per cubic meter in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Panama ($X per cubic meter), while Honduras ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, 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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