Canada - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood-Based Panels Price in Canada - 2023
Contents:
- Wood-Based Panels Price in Canada (FOB) - 2022
- Wood-Based Panels Price in Canada (CIF) - 2022
- Wood-Based Panels Exports in Canada
- Wood-Based Panels Imports in Canada
Wood-Based Panels Price in Canada (FOB) - 2022
The average wood-based panels export price stood at $566 per cubic meter in 2022, waning by -9.8% against the previous year. Over the period under review, the export price, however, posted tangible growth. The most prominent rate of growth was recorded in 2021 an increase of 67% against the previous year. As a result, the export price attained the peak level of $627 per cubic meter, and then shrank in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($566 per cubic meter), while the average price for exports to Japan stood at $504 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.7%).
Wood-Based Panels Price in Canada (CIF) - 2022
The average wood-based panels import price stood at $697 per cubic meter in 2022, jumping by 27% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $916 per cubic meter. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($964 per cubic meter), while the price for Italy ($269 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood-Based Panels Exports in Canada
In 2022, exports of wood-based panels from Canada reduced modestly to 8.5M cubic meters, shrinking by -2.9% compared with 2021 figures. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 11%. As a result, the exports reached the peak of 8.7M cubic meters, and then declined in the following year.
In value terms, wood-based panels exports dropped to $4.8B in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 85%. As a result, the exports reached the peak of $5.5B, and then contracted in the following year.
| Export of Wood-Based Panels in Canada (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 2.9 | 5.4 | 4.7 | 26.9% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 2.4 | 3.0 | 5.5 | 4.8 | 26.0% |
Top Export Markets for Wood-Based Panels from Canada in 2022:
- United States (8.3M cubic meters)
- Japan (0.1M cubic meters)
Wood-Based Panels Imports in Canada
In 2022, wood-based panels imports into Canada dropped dramatically to 1.9M cubic meters, waning by -25.6% compared with 2021 figures. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 2.6M cubic meters, and then shrank markedly in the following year.
In value terms, wood-based panels imports shrank to $1.3B in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $1.4B, and then fell in the following year.
| Import of Wood-Based Panels in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 430 | 435 | 579 | 603 | 11.9% |
| China | 276 | 265 | 400 | 320 | 5.1% |
| Germany | 61.8 | 59.7 | 77.4 | 58.0 | -2.1% |
| Turkey | 15.2 | 28.5 | 57.4 | 55.7 | 54.2% |
| Chile | 27.8 | 29.0 | 31.3 | 39.0 | 11.9% |
| Austria | 28.8 | 24.4 | 23.7 | 31.5 | 3.0% |
| Spain | 13.7 | 11.7 | 22.5 | 26.4 | 24.4% |
| Russia | 35.3 | 28.6 | 56.2 | 26.1 | -9.6% |
| Belgium | 7.8 | 6.8 | 14.4 | 21.5 | 40.2% |
| Italy | 13.4 | 12.6 | 13.7 | 15.2 | 4.3% |
| Others | 74.0 | 70.0 | 131 | 136 | 22.5% |
| Total | 983 | 972 | 1,406 | 1,332 | 10.7% |
Top Suppliers of Wood-Based Panels to Canada in 2022:
- United States (898.0K cubic meters)
- China (482.2K cubic meters)
- Turkey (67.5K cubic meters)
- Germany (63.5K cubic meters)
- Italy (56.6K cubic meters)
- Chile (40.5K cubic meters)
- Spain (39.2K cubic meters)
- Austria (37.7K cubic meters)
- Belgium (33.0K cubic meters)
- Russia (28.0K cubic meters)
This report provides an in-depth analysis of the wood-based panels market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1647 - Hardboard
- FCL 1648 - MDF/HDF
- FCL 1650 - Other fibreboard
- FCL 1697 - Particle board
- FCL 1606 - OSB
- FCL 1640 - Plywood
- FCL 1634 - Veneer sheets
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The price of Fiberboard in June 2023 was $203 per cubic meter (CIF, Canada), representing a decrease of 8% compared to the previous month.
363
In February 2023, the hardboard price amounted to $1,017 per cubic meter (FOB, Canada), increasing by 13% against the previous month.
236
In February 2023, the price of Insulating Board was $797 per cubic meter (CIF, Canada), up 6.8% from the previous month.
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In February 2023, the MDF price was $963 per cubic meter (CIF, Canada), a 4.9% increase compared to the previous month.
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Explore the top import markets for wood-based panels in the world, including the United States, Germany, Japan, and more. Discover key statistics and the market potential for exporters and manufacturers. Utilize the IndexBox market intelligence platform for valuable insights.
2474
Ongoing urbanization in Asia, combined with rising household income and an increase in the construction of new housing in the U.S., will continue to drive the global market for wood based panels.
1507
In 2015, the wood-based panel market grew to X thousand cubic meters.
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Global wood-based panel market production was estimated at X thousand cubic meters in 2015, which was X thousand cubic meters more than in 2013. There was an annual increase of +X% in physical terms for the period from 2007 to 2014.
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From 2007 to 2015, global wood-based panel market showed mixed dynamics. A significant drop in 2008-2009 was followed by a gradual increase. In 2015, the wood-based panel market grew to X thousand cubic meters. The market value showed similar dyn
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From 2007 to 2015, global exports on the wood-based panel market showed mixed dynamics, finally decreasing to X million USD in 2015. In physical terms, they reached X thousand cubic meters in 2015, which was X thousand cubic meters more tha
