U.S. Softwood Veneer and Plywood Market. Analysis And Forecast to 2025
Chinese Vendors Have Strengthened their Position on the U.S. Softwood Veneer and Plywood Market
The U.S. dominates in global imports of softwood veneer and plywood, accounting for a 12% share (based on USD). It was followed by Japan (8%), Germany, and Saudi Arabia (5% each). In 2015, U.S. softwood veneer and plywood imports totaled 981 million USD, which was 181 million USD (23%) above previous year's imports.
From 2007 to 2015, U.S. softwood veneer and plywood imports showed mixed dynamics. A significant drop in 2008-2009 was followed by recovery growth over the next years, with an annual increase of +13.5% between 2009 and 2015. Moreover, in 2015, U.S. softwood veneer and plywood imports reached 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, China, Chile, and Brazil were the main suppliers of softwood veneer and plywood into the U.S., with a combined share of 88% of total U.S. imports in 2015. China (+4.8% per year) and Chile (+4.7% per year) were the fastest growing suppliers among the leaders from 2007 to 2015.
The U.S. was a net importer of softwood veneer and plywood from 2007 to 2015. In 2015, U.S. softwood veneer and plywood market ran a trade deficit of 705 million USD, at approximately 72% of gross imports.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for softwood veneer and plywood in the U.S.. 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 2025.
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