MERCOSUR: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2024

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in MERCOSUR

The MERCOSUR market for wood chips, parts, residues, pellets and other agglomerates stood at $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in MERCOSUR

In value terms, production of wood chips, parts, residues, pellets and other agglomerates expanded to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production of attained the maximum level in 2023 and is likely to see gradual growth in years to come.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports in MERCOSUR

In 2023, shipments abroad of wood chips, parts, residues, pellets and other agglomerates decreased by X% to X cubic meters, falling for the fifth year in a row after three years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X cubic meters in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates rose modestly to $X in 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Chile represented the major exporter of wood chips, parts, residues, pellets and other agglomerates in MERCOSUR, with the volume of exports finishing at X cubic meters, which was near X% of total exports in 2023. Brazil (X cubic meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Uruguay (X%) and Venezuela (X%).

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Venezuela (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates supplying countries in MERCOSUR were Brazil ($X), Chile ($X) and Uruguay ($X), with a combined X% share of total exports. These countries were followed by Venezuela, which accounted for a further X%.

Among the main exporting countries, Venezuela, 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 2023, the export price in MERCOSUR amounted to $X per cubic meter, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in years to come.

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 Brazil ($X per cubic meter), while Chile ($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 Brazil (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports in MERCOSUR

In 2023, approx. X cubic meters of wood chips, parts, residues, pellets and other agglomerates were imported in MERCOSUR; jumping by X% compared with 2022. Over the period under review, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates rose markedly to $X in 2023. Total imports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

Brazil was the largest importer of wood chips, parts, residues, pellets and other agglomerates in MERCOSUR, with the volume of imports accounting for X cubic meters, which was near X% of total imports in 2023. Chile (X cubic meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Peru (X%). Venezuela (X cubic meters), Uruguay (X cubic meters) and Argentina (X cubic meters) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to wood chips, parts, residues, pellets and other agglomerates imports into Brazil stood at X%. At the same time, Venezuela (X%), Uruguay (X%), Chile (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Peru (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Brazil, Chile, Venezuela and Uruguay increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X), Brazil ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per cubic meter in 2023, dropping by X% against the previous year. In general, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of import peaked at $X per cubic meter in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

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 Argentina ($X per cubic meter), while Venezuela ($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 a decline in the import price figures.

Source: IndexBox Platform