Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay - 2022

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay (CIF) - 2022
  2. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay (FOB) - 2022
  3. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay
  4. Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay (CIF) - 2022

The average import price for wood stood at $66 per cubic meter in 2022, growing by 18% against the previous year. Overall, the import price, however, continues to indicate a deep setback. The import price peaked at $126 per cubic meter in 2017; however, from 2018 to 2022, import prices stood 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 France ($693 per cubic meter), while the price for the Netherlands amounted to $54 per cubic meter.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced a decline.

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay (FOB) - 2022

The average export price for wood stood at $24 per cubic meter in 2022, growing by 7.8% against the previous year. In general, the export price posted strong growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 60%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2017 to 2022, the rate of growth in terms of prices for Free Zones amounted to +26.0% per year.

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay

In 2022, purchases abroad of wood was finally on the rise to reach 12K cubic meters after two years of decline. Overall, imports, however, faced a dramatic curtailment. Over the period under review, imports of attained the peak figure at 23K cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wood skyrocketed to $784K in 2022. Over the period under review, imports, however, showed a precipitous contraction. Imports peaked at $1.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.06.93.4630371.8%
France1.82.60.8154340.6%
BrazilN/AN/A13.4N/A0%
Others1,6551,51426.3N/A-87.4%
Total1,6631,52443.8784-22.2%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Uruguay in 2022:

  1. Netherlands (11.6K cubic meters)
  2. France (0.2K cubic meters)

Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay

In 2022, approx. 393 cubic meters of wood were exported from Uruguay; falling by -52.6% on 2021 figures. In general, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 3,504% against the previous year. Over the period under review, the exports of hit record highs at 1.3K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wood plummeted to $9.3K in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 4,361%. As a result, the exports reached the peak of $18K, and then declined significantly in the following year.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile0.10.22.19.3353.1%
Free Zones7.6N/AN/AN/A0%
EgyptN/AN/A16.0N/A0%
Turkey6.4N/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total14.00.418.19.3-12.7%

Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Uruguay in 2022:

  1. Chile (393.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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