Chinese Suppliers of Wood Truss Displace Canadian Producers from the US Market
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The U.S. takes a X% share (based on USD) of global wood truss imports, which put it in second place, following Japan (X%). In 2015, U.S. wood truss imports totaled X million USD, which was X million USD (X%) more than the year before.
U.S. wood truss imports showed mixed dynamics from 2007 to 2015. A significant decline in 2008, 2009, and 2011 switched to recovery growth in the years that followed. Despite the recovery growth, imports in 2015 had yet to reach the pre-recession level of 2007.
Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.
Canada and China were the main suppliers of wood truss into the U.S., with a combined share of X% of total U.S. imports in 2015. China significantly strengthened its position in the U.S. import structure, from X% in 2007 to X% in 2015. By contrast, Canada saw its share reduced to X%.
The U.S. was a net importer of wood truss from 2007 to 2015. In 2015, U.S. wood truss market ran a trade deficit of X million USD, at approximately X% of gross imports.
Source: IndexBox AI Platform
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