Latin America and the Caribbean: Market for Wood Concrete Shuttering, Shingles and Shakes 2024

Market Size for Wood Concrete Shuttering, Shingles and Shakes in Latin America and the Caribbean

In 2023, the Latin American market for wood concrete shuttering, shingles and shakes decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Wood Concrete Shuttering, Shingles and Shakes in Latin America and the Caribbean

In value terms, wood concrete shuttering and shingle production amounted to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Wood Concrete Shuttering, Shingles and Shakes

Exports in Latin America and the Caribbean

Wood concrete shuttering and shingle exports skyrocketed to X tons in 2023, picking up by X% compared with the previous year. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood concrete shuttering and shingle exports skyrocketed to $X in 2023. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Guyana represented the largest exporting country with an export of about X tons, which reached X% of total exports. Chile (X tons) ranks second in terms of the total exports with an X% share, followed by Honduras (X%).

Guyana experienced a relatively flat trend pattern with regard to volume of exports of wood concrete shuttering, shingles and shakes. At the same time, Honduras (X%) and Chile (X%) displayed positive paces of growth. Moreover, Honduras 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 Guyana and Chile increased by X and X percentage points, respectively.

In value terms, Guyana ($X) emerged as the largest wood concrete shuttering and shingle supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Guyana was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Honduras (X% per year) and Chile (X% per year).

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

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 Honduras ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Honduras (X%).

Imports of Wood Concrete Shuttering, Shingles and Shakes

Imports in Latin America and the Caribbean

In 2023, after two years of growth, there was significant decline in supplies from abroad of wood concrete shuttering, shingles and shakes, when their volume decreased by X% to X tons. In general, imports saw a mild downturn. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, wood concrete shuttering and shingle imports reduced to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the nine major importers of wood concrete shuttering, shingles and shakes, namely Mexico, Brazil, Colombia, Jamaica, Bahamas, Peru, Guatemala, Barbados and Paraguay, represented more than two-thirds of total import. The following importers - Uruguay (X tons), the Dominican Republic (X tons), Chile (X tons) and Cayman Islands (X tons) - each reached an X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Paraguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bahamas ($X), Brazil ($X) and Colombia ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Mexico, Jamaica, Peru, Barbados, Guatemala, Paraguay, the Dominican Republic, Uruguay, Cayman Islands and Chile lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Paraguay, 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 Latin America and the Caribbean stood at $X per ton in 2023, approximately mirroring 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 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2022 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahamas ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform