Peru: Industrial Roundwood (Non-Coniferous) Market 2024

Industrial Roundwood (Non-Coniferous) Market Size in Peru

The Peruvian industrial roundwood (non-coniferous) market contracted sharply to $X in 2022, waning by -17.6% against the previous year. Overall, consumption showed a deep setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Industrial Roundwood (Non-Coniferous) Production in Peru

In value terms, industrial roundwood (non-coniferous) production declined markedly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by 43% against the previous year. Industrial roundwood (non-coniferous) production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Industrial Roundwood (Non-Coniferous) Exports

Exports from Peru

Industrial roundwood (non-coniferous) exports from Peru expanded markedly to X cubic meters in 2022, increasing by 5.4% compared with the previous year's figure. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 181%. Over the period under review, the (non-coniferous) exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, industrial roundwood (non-coniferous) exports rose slightly to $X in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 169% against the previous year. Over the period under review, the (non-coniferous) exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China (X cubic meters), Vietnam (X cubic meters) and the Dominican Republic (X cubic meters) were the main destinations of industrial roundwood (non-coniferous) exports from Peru, together accounting for 61% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +44.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial roundwood (non-coniferous) exported from Peru were China ($X), Vietnam ($X) and the Dominican Republic ($X), with a combined 66% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +37.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial roundwood (non-coniferous) export price stood at $X per cubic meter in 2022, reducing by -3% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73%. As a result, the export price reached the peak level of $X per cubic meter. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per cubic meter), while the average price for exports to Vietnam ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+5.7%), while the prices for the other major destinations experienced a decline.

Industrial Roundwood (Non-Coniferous) Imports

Imports into Peru

In 2022, approx. X cubic meters of industrial roundwood were imported into Peru; growing by 150% compared with 2021 figures. In general, imports, however, showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by 250% against the previous year. Imports peaked at X cubic meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial roundwood (non-coniferous) imports surged to $X in 2022. Over the period under review, imports, however, saw a abrupt decrease. Over the period under review, (non-coniferous) imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X cubic meters) was the main industrial roundwood (non-coniferous) supplier to Peru, with a 92% share of total imports. Moreover, industrial roundwood (non-coniferous) imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -29.5%.

In value terms, the United States ($X) constituted the largest supplier of industrial roundwood to Peru, comprising 95% of total imports. The second position in the ranking was taken by Brazil ($X), with a 4.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to -13.1%.

Import Prices by Country

The average industrial roundwood (non-coniferous) import price stood at $X per cubic meter in 2022, surging by 9.5% against the previous year. In general, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 205%. As a result, import price attained the peak level of $X per cubic meter. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Brazil stood at $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.4%).

Source: IndexBox Platform

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