Uruguay: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Uruguay

In 2023, the Uruguayan market for saw logs and veneer logs decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Saw Logs And Veneer Logs in Uruguay

In value terms, saw logs and veneer logs production contracted modestly to $X in 2023 estimated in export price. Overall, production posted prominent growth. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs

Exports from Uruguay

In 2023, the amount of saw logs and veneer logs exported from Uruguay was estimated at X cubic meters, surging by X% on the previous year. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, saw logs and veneer logs exports soared to $X in 2023. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Free Zones (X cubic meters) was the main destination for saw logs and veneer logs exports from Uruguay, with a X% share of total exports. Moreover, saw logs and veneer logs exports to Free Zones exceeded the volume sent to the second major destination, India (X cubic meters), sixfold.

From 2012 to 2023, the average annual growth rate of volume to Free Zones totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and China (X% per year).

In value terms, Free Zones ($X) remains the key foreign market for saw logs and veneer logs exports from Uruguay, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Free Zones amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and China (X% per year).

Export Prices by Country

In 2023, the average export price for saw logs and veneer logs amounted to $X per cubic meter, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2018 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Free Zones ($X per cubic meter), while the average price for exports to India ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (X%), while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs

Imports into Uruguay

In 2023, after four years of growth, there was significant decline in purchases abroad of saw logs and veneer logs, when their volume decreased by X% to X cubic meters. Overall, imports, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2022, and then fell rapidly in the following year.

In value terms, saw logs and veneer logs imports fell to $X in 2023. In general, imports, however, saw a pronounced increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, Paraguay (X cubic meters) constituted the largest supplier of saw logs and veneer logs to Uruguay, with a X% share of total imports. Moreover, saw logs and veneer logs imports from Paraguay exceeded the figures recorded by the second-largest supplier, Argentina (X cubic meters), ninefold. The third position in this ranking was held by Brazil (X cubic meters), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Paraguay stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Brazil (X% per year).

In value terms, Paraguay ($X) constituted the largest supplier of saw logs and veneer logs to Uruguay, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Bolivia, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Paraguay amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Bolivia (X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs stood at $X per cubic meter in 2023, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2016 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bolivia ($X per cubic meter), while the price for Argentina ($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 Bolivia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform