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

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

The Puerto Rican market for wood chips, parts, residues, pellets and other agglomerates was estimated at less than $X in 2021, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern.

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

Exports from Puerto Rico

In 2021, approx. less than X cubic meters of wood chips, parts, residues, pellets and other agglomerates were exported from Puerto Rico; remaining stable against the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates totaled less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Exports by Country

In 2021, Vietnam (X cubic meters), distantly followed by the United States (X cubic meters), Russia (X cubic meters) and Latvia (X cubic meters) represented the largest exporters of wood chips, parts, residues, pellets and other agglomerates, together constituting 48% of total exports. Canada (X cubic meters), Chile (X cubic meters), Germany (X cubic meters), Belarus (X cubic meters), Estonia (X cubic meters), Brazil (X cubic meters), Thailand (X cubic meters), South Africa (X cubic meters) and Indonesia (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +16.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wood chips, parts, residues, pellets and other agglomerates supplying countries from Puerto Rico were Vietnam ($X), the United States ($X) and Latvia ($X), with a combined 41% share of total exports. These countries were followed by Canada, Russia, Germany, Estonia, Chile, Thailand, Brazil, South Africa, Belarus and Indonesia, which together accounted for a further 29%.

Belarus, with a CAGR of +14.4%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand cubic meters, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per thousand cubic meters), while Belarus ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+4.7%), while the other leaders experienced more modest paces of growth.

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

Imports into Puerto Rico

In 2021, the amount of wood chips, parts, residues, pellets and other agglomerates imported into Puerto Rico amounted to less than X cubic meters, remaining stable against the previous year. Overall, imports showed a relatively flat trend pattern.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates totaled less than $X in 2021. In general, imports continue to indicate a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of imports of wood chips, parts, residues, pellets and other agglomerates in 2021 were China (X cubic meters), Japan (X cubic meters) and the UK (X cubic meters), together resulting at 48% of total import. It was distantly followed by South Korea (X cubic meters) and Denmark (X cubic meters), together achieving an 11% share of total imports. The Netherlands (X cubic meters), Finland (X cubic meters), Austria (X cubic meters), Italy (X cubic meters), Germany (X cubic meters), Sweden (X cubic meters), Latvia (X cubic meters) and Poland (X cubic meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Latvia (with a CAGR of +39.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and the UK ($X) were the countries with the highest levels of imports in 2021, together comprising 59% of total imports. These countries were followed by Denmark, the Netherlands, South Korea, Italy, Finland, Germany, Austria, Sweden, Latvia and Poland, which together accounted for a further 28%.

Among the main importing countries, Latvia, with a CAGR of +30.7%, recorded the highest rates of growth with regard to 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 Puerto Rico stood at less than $X per thousand cubic meters in 2021, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per thousand cubic meters), while Poland ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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