Production of Wood Chips and Particles in Mexico - 2022

Wood Chips and Particles Production in Mexico - 2022

In 2022, approx. 449K cubic meters of wood chips and particles were produced in Mexico; approximately reflecting the previous year. Overall, the total production indicated prominent growth from 2017 to 2022: its volume increased at an average annual rate of +11.0% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +68.8% against 2017 indices. The growth pace was the most rapid in 2018 when the production volume increased by 69%. Wood chips and particles production peaked in 2022 and is expected to retain growth in years to come.

In value terms, wood chips and particles production surged to $37M in 2022 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 441% against the previous year. As a result, production reached the peak level of $46M. From 2021 to 2022, production growth remained at a somewhat lower figure.

Source: IndexBox Market Intelligence Platform

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