Uruguay: Sawnwood (Coniferous) Market 2024

Sawnwood (Coniferous) Market Size in Uruguay

The Uruguayan sawnwood (coniferous) market reduced sharply to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a deep downturn. Sawnwood (coniferous) consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Sawnwood (Coniferous) Production in Uruguay

In value terms, sawnwood (coniferous) production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Sawnwood (coniferous) production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Sawnwood (Coniferous) Exports

Exports from Uruguay

In 2022, sawnwood (coniferous) exports from Uruguay expanded markedly to X cubic meters, increasing by X% on 2021 figures. Overall, exports saw a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, sawnwood (coniferous) exports totaled $X in 2022. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X cubic meters), the United States (X cubic meters) and Vietnam (X cubic meters) were the main destinations of sawnwood (coniferous) exports from Uruguay, with a combined X% share of total exports. Mexico, Guatemala, Italy, Thailand, Saudi Arabia and Indonesia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Vietnam ($X) appeared to be the largest markets for sawnwood (coniferous) exported from Uruguay worldwide, with a combined X% share of total exports. Mexico, Guatemala, Italy, Thailand, Saudi Arabia and Indonesia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Italy, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average sawnwood (coniferous) export price amounted to $X per cubic meter, with an increase of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per cubic meter in 2015; however, from 2016 to 2022, the 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 United States ($X per cubic meter), while the average price for exports to China ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood (Coniferous) Imports

Imports into Uruguay

In 2022, overseas purchases of sawnwood (coniferous) increased by X% to X cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X cubic meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sawnwood (coniferous) imports soared to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X cubic meters) constituted the largest supplier of sawnwood (coniferous) to Uruguay, with a X% share of total imports. Moreover, sawnwood (coniferous) imports from Argentina exceeded the figures recorded by the second-largest supplier, Canada (X cubic meters), threefold. The third position in this ranking was held by Finland (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Finland (X% per year).

In value terms, Argentina ($X), Finland ($X) and Canada ($X) appeared to be the largest sawnwood (coniferous) suppliers to Uruguay, with a combined X% share of total imports.

Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sawnwood (coniferous) import price amounted to $X per cubic meter, with a decrease of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per cubic meter), while the price for Argentina ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :