Latin America and the Caribbean: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Latin America and the Caribbean

The Latin American market for saw logs and veneer logs rose modestly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption recorded a noticeable decline. The pace of growth was the most pronounced in 2021 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs in Latin America and the Caribbean

In value terms, saw logs and veneer logs production amounted to $X in 2023 estimated in export price. Over the period under review, production recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Saw Logs And Veneer Logs

Exports in Latin America and the Caribbean

In 2023, approx. X cubic meters of saw logs and veneer logs were exported in Latin America and the Caribbean; with an increase of X% against 2022. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X cubic meters in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, saw logs and veneer logs exports amounted to $X in 2023. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Uruguay prevails in exports structure, recording X cubic meters, which was near X% of total exports in 2023. Brazil (X cubic meters) took the second position in the ranking, followed by Argentina (X cubic meters). All these countries together held approx. X% share of total exports. The following exporters - Ecuador (X cubic meters) and Suriname (X cubic meters) - together made up X% of total exports.

Exports from Uruguay increased at an average annual rate of X% from 2012 to 2023. At the same time, Argentina (X%), Brazil (X%), Suriname (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Brazil and Argentina increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X) remains the largest saw logs and veneer logs supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with an X% share of total exports. It was followed by Ecuador, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Uruguay amounted to X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2023, the export 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 export price saw a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per cubic meter in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Suriname ($X per cubic meter), while Argentina ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Saw Logs And Veneer Logs

Imports in Latin America and the Caribbean

In 2023, after three years of growth, there was significant decline in overseas purchases of saw logs and veneer logs, when their volume decreased by X% to X cubic meters. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters, and then declined notably in the following year.

In value terms, saw logs and veneer logs imports reduced notably to $X in 2023. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2023, Cayman Islands (X cubic meters), the Dominican Republic (X cubic meters) and Bahamas (X cubic meters) was the key importer of saw logs and veneer logs in Latin America and the Caribbean, achieving X% of total import. It was distantly followed by Peru (X cubic meters), Brazil (X cubic meters) and British Virgin Islands (X cubic meters), together committing a X% share of total imports. Uruguay (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Cayman Islands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported saw logs and veneer logs in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Bahamas ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

In the Dominican Republic, saw logs and veneer logs imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Bahamas (X% per year) and Uruguay (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2023, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. As a result, import price attained the peak level of $X per cubic meter. From 2016 to 2023, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Dominican Republic ($X per cubic meter), while Brazil ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform