Mexico: Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) 2021

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in Mexico

The Mexican market for saw logs and veneer logs (non-coniferous) rose notably to $X in 2019, growing by X% against the previous year. Over the period under review, consumption saw a buoyant expansion. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2019 and is likely to continue growth in the immediate term.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in Mexico

In value terms, production of saw logs and veneer logs (non-coniferous) skyrocketed to $X in 2019 estimated in export prices. Overall, production posted a strong increase. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level in 2019 and is expected to retain growth in the immediate term.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Mexico

In 2019, after two years of growth, there was significant decline in shipments abroad of saw logs and veneer logs (non-coniferous), when their volume decreased by -X% to X cubic meters. In general, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X cubic meters in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, exports of saw logs and veneer logs (non-coniferous) fell dramatically to $X in 2019. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Japan (X cubic meters), Viet Nam (X cubic meters) and India (X cubic meters) were the main destinations of exports of saw logs and veneer logs (non-coniferous) from Mexico, with a combined X% share of total exports. France, South Korea, the U.S., Germany and Italy lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), South Korea ($X) and France ($X) were the largest markets for saw logs and veneer logs (non-coniferous) exported from Mexico worldwide, with a combined X% share of total exports.

South Korea (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2019, rising by X% against the previous year. Overall, the export price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The export price peaked at $X per cubic meter in 2009; however, from 2010 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Japan ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Mexico

In 2019, purchases abroad of saw logs and veneer logs (non-coniferous) increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. Over the period under review, imports saw a measured increase. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) rose significantly to $X in 2019. In general, imports saw a deep setback. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2010 to 2019, the growth of imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X cubic meters) was the main supplier of saw logs and veneer logs (non-coniferous) to Mexico, with a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. amounted to +X%.

In value terms, the U.S. ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Mexico.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. stood at -X%.

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2019, waning by -X% against the previous year. Over the period under review, the import price showed a abrupt decline. The growth pace was the most rapid in 2016 an increase of X% y-o-y. The import price peaked at $X per cubic meter in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (non-coniferous) in the world?

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The countries with the highest volumes of consumption of saw logs and veneer logs (non-coniferous) in 2019 were China (182M cubic meters), Brazil (113M cubic meters) and the U.S. (92M cubic meters), with a combined 44% share of global consumption. These countries were followed by Indonesia, India, Viet Nam, Russia, Canada, Finland, Chile, Australia and Thailand, which together accounted for a further 32%.

What are the largest producers of saw logs and veneer logs (non-coniferous) in the world?

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The countries with the highest volumes of production of saw logs and veneer logs (non-coniferous) in 2019 were China (160M cubic meters), Brazil (114M cubic meters) and the U.S. (94M cubic meters), with a combined 42% share of global production. These countries were followed by Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia and Thailand, which together accounted for a further 31%.

What are the leading suppliers of saw logs and veneer logs (non-coniferous) to Mexico?

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In value terms, the U.S. ($636K) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to Mexico.

What are the leading importers of saw logs and veneer logs (non-coniferous) from Mexico?

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In value terms, the largest markets for saw logs and veneer logs (non-coniferous) exported from Mexico were India ($467K), South Korea ($430K) and France ($397K), with a combined 46% share of total exports.

What is the average export price for saw logs and veneer logs (non-coniferous) in Mexico?

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In 2019, the average export price for saw logs and veneer logs (non-coniferous) amounted to $578 per cubic meter, rising by 30% against the previous year.

What is the average import price for saw logs and veneer logs (non-coniferous) in Mexico?

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In 2019, the average import price for saw logs and veneer logs (non-coniferous) amounted to $67 per cubic meter, declining by -48% against the previous year.