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U.S. - Particle Board - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Sep 12, 2022
U.S. Particle Board Price Bottoms at $407 per Cubic Meter, Declining for Three Consecutive Months
U.S. Particle Board Import Price July 2022
In July 2022, the average particle board import price amounted to $407 per cubic meter, dropping by -18.8% against the previous month. Overall, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in February 2022 an increase of 22% month-to-month. Over the period under review, average import prices hit record highs at $684 per cubic meter in April 2022; however, from May 2022 to July 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Romania ($440 per cubic meter), while the price for Latvia ($220 per cubic meter) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.8%), while the prices for the other major suppliers experienced a decline.
U.S. Particle Board Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In July 2022, the products with the highest prices were wooden particle board ($481 per cubic meter) and particle board and similar board of ligneous materials (excluding wood) ($431 per cubic meter), while the price for waferboards ($380 per cubic meter) and oriented strandboard (osb) ($411 per cubic meter) were amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by waferboard (+4.8%), while the prices for the other products experienced a decline.
U.S. Particle Board Imports
In July 2022, approximately 598K cubic meters of particle boards were imported into the United States; waning by -17.6% against June 2022 figures. In general, total imports indicated slight growth from January 2022 to July 2022: its volume increased at an average monthly rate of +1.3% over the last six months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports decreased by -24.8% against March 2022 indices. The pace of growth was the most pronounced in March 2022 when imports increased by 60% month-to-month. As a result, imports attained the peak of 796K cubic meters. From April 2022 to July 2022, the growth of imports failed to regain momentum.
In value terms, particle board imports contracted markedly to $243M (IndexBox estimates) in July 2022. Over the period under review, imports continue to indicate a mild slump. The pace of growth appeared the most rapid in March 2022 with an increase of 83% month-to-month. As a result, imports attained the peak of $542M. From April 2022 to July 2022, the growth of imports remained at a somewhat lower figure.
U.S. Particle Board Imports by Type
In July 2022, oriented strandboard (osb) (506K cubic meters) constituted the largest type of particle board supplied to the United States, with a 85% share of total imports. Moreover, oriented strandboard (osb) exceeded the figures recorded for the second-largest type, waferboards (91K cubic meters), sixfold. Wooden particle board (916 cubic meters) ranked third in terms of total imports with less than 0.1% share.
From January 2022 to July 2022, the average monthly growth rate of the volume of import of oriented strandboard (osb) amounted to +1.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: waferboards (-0.8% per month) and wooden particle board (-12.2% per month).
In value terms, oriented strandboard (osb) ($208M) constituted the largest type of particle board supplied to the United States, comprising 86% of total imports. The second position in the ranking was taken by waferboards ($35M), with a 14% share of total imports. It was followed by wooden particle board, with less than 0.1% share.
U.S. Particle Board Imports by Country
In July 2022, Canada (513K cubic meters) constituted the largest supplier of particle board to the United States, with a 86% share of total imports. Moreover, particle board imports from Canada exceeded the figures recorded by the second-largest supplier, Latvia (18K cubic meters), more than tenfold. The third position in this ranking was taken by Romania (14K cubic meters), with less than 0.1% share.
From January 2022 to July 2022, the average monthly growth rate of volume from Canada was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Latvia (-0.3% per month) and Romania (+317.5% per month).
In value terms, Canada ($218M) constituted the largest supplier of particle board to the United States, comprising 90% of total imports. The second position in the ranking was held by Romania ($6M), with less than 0.1% share of total imports. It was followed by Latvia, with less than 0.1% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of value from Canada stood at -2.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Romania (+198.9% per month) and Latvia (-7.6% per month).
This report provides an in-depth analysis of the particle board market 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 2030.
Product coverage:
• FCL 1697 - Particle board
• FCL 1606 - OSB
Country coverage:
• United States
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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