Canadian Particle Board Exports Peak at $2B
Feb 14, 2022
In 2020, the amount of particle boards exported from Canada soared to 7.5M cubic meters, rising by 63% against 2019 figures. In value terms, supplies surged from $1.4B to $2B, reaching the highest level ever.
Germany's Parquet Panel Imports Resumes Steady Growth, Surpassing $418M
Feb 9, 2022
Germany continues to ramp up assembled parquet panels imports for the second year in a raw. In 2020, it boosted foreign purchases by 6% y/y to $418M. Austria, China and Poland remain the leading suppliers of assembled parquet panels to Germany.
EU Plywood Import Prices Spike 26% and to Continue Rising Moderately in 2022
Jan 20, 2022
From January to August 2021, plywood imports in the EU amounted to $2.4B, which was 35% more than in the same period in 2020. In physical terms, supplies rose by 7% to 3.7M cubic meters, while the average import price for this time jumped by 26% to $658 per cubic meter. This year, plywood prices are expected to keep growing.
The Fall in Demand for Furniture Should Stop MDF Price Rally in the United States
Sep 2, 2021
Prices for MDF in the U.S. continue to shoot up amid a shortage of the product and the high demand from the furniture industry. Other factors that led to the jump in prices include the high cost of woody materials and resins for manufacturing MDF as well as increasing container freight rates. Strong demand for the product has led to a spike in imports to the U.S.. High prices for MDF negatively affect furniture sales, which have been decreasing in recent months due to a slowdown in the construction boom noted at the first half of the year. The fall in demand for furniture, coupled with the beginning of a decline in the cost of wood raw materials should lead to a decrease in prices for MDF in the coming months.
American Plywood Imports Peak near $3B
Aug 17, 2021
In 2020, American plywood imports grew by +15% y-o-y to 5.4M or by +7.7% to $2.9B in value terms, reaching a record level over the past decade. Vietnam, Brazil and Canada constitute the major plywood suppliers to the U.S., with a combined 41%-share of the total imports. Last year, Cambodia, Indonesia, Brazil, Vietnam, Chile, Canada and Russia saw the most rapid increases in plywood exports to the U.S. In 2020, the average plywood import price in America dropped by -6.7% against the figures of 2019.
American Particle Board Imports Soar Instigated by Housing Building Boom
Aug 11, 2021
Last year, the American particle board imports grew by +13.2% y-o-y to 6.1M cubic meters or $2.1B in value terms due to an intensive housing building. Canada remains the prime particle board supplier to the U.S., boosting its exports by +44% y-o-y to $1.9B. The volume of supplies from Brazil to the U.S. has risen even more sharply by +69%. Average prices for imported particle board also indicates tangible growth.
Construction Boom Keeps Global Hardboard Exports Solid
Aug 9, 2021
Global hardboard exports increased by +1.1% y-o-y to 3.6M cubic meters last year. Germany heads the list of the largest hardboard exporters worldwide, supplying 45% of its export volume to the U.S., France and Poland. In 2020, Brazil, Thailand, Romania, Turkey, Spain, Belgium and Canada recorded the most prominent export growth.
Construction Boom Drives American Oriented Strand Board Imports, Making Canadian Suppliers Benefit
Jul 30, 2021
American OSB imports shot up due to the construction boom that has been seen in the country. The unprecedented demand for wood products leads to record hikes in prices that are relevant not only for OSB but the entire wood industry. Canada is the only major supplier of OSB to the U.S., holding approx. 30% share in the market. Canadian producers thus thrive from the American construction boom.
Strong Suburban Housing and Furniture Sales Propel the American Reconstituted Wood Product Market
Mar 12, 2021
The U.S. reconstituted wood product market is estimated at approx. $12B. Over May-June 2020, the production and imports recovered from the lockdown-related drop and continued to grow. It is driven by rapidly growing suburban construction and the related need to equip homes with furniture. Should the pandemic wane in 2021, the market is to continue measured growth.
Rapid Recovery of the Furniture Industry Restores the Turkish MDF Market from the Pandemic
Mar 11, 2021
In May 2020, the MDF production began to grow rapidly and exceeded its pre-crisis level in July 2020. This was also relevant for the manufacture of furniture, which is the key downstream industry for the MDF market. If the country will return to pandemic-free life in 2021, Turkey's real GDP is projected to grow by about 3% per annum in the medium term, which is to create a positive background for future MDF growth. Increasing exports to countries with rising demand for MDF, e.g., the U.S., may potentially become an additional driver for the Turkish MDF industry.
Hampered by the Pandemic, the Global MDF Market to Pursue Only Measured Growth
Jan 29, 2021
The global mdf market declined slightly to $45.9B in 2019, which is down by -4.8% against the previous year. This...