U.S. - Plywood - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 17, 2024

U.S. - Plywood - Market Analysis, Forecast, Size, Trends and Insights

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Plywood Price in the United States - 2023

Contents:

  1. Plywood Price in the United States (CIF) - 2023
  2. Plywood Price in the United States (FOB) - 2023
  3. Plywood Imports in the United States
  4. Plywood Exports in the United States

Plywood Price in the United States (CIF) - 2023

In August 2023, the average plywood import price amounted to $470 per cubic meter, surging by 21% against the previous month. Overall, the import price, however, showed a perceptible decrease. The import price peaked at $688 per cubic meter in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Cambodia ($1,349 per cubic meter), while the price for Spain ($69.8 per cubic meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Russia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Plywood Price in the United States (FOB) - 2023

The average plywood export price stood at $439 per cubic meter in August 2023, falling by -3.7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 9.7% month-to-month. The export price peaked at $484 per cubic meter in September 2022; however, from October 2022 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($566 per cubic meter), while the average price for exports to Mexico ($340 per cubic meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+4.1%), while the prices for the other major destinations experienced a decline.

Plywood Imports in the United States

After three years of growth, overseas purchases of plywood decreased by -7.4% to 5.8M cubic meters in 2022. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 6.2M cubic meters, and then shrank in the following year.

In value terms, plywood imports reduced to $3.8B in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of $4.1B, and then declined in the following year.

Import of Plywood in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia28331256169735.0%
Vietnam36738456467122.3%
Brazil27130761142115.8%
Canada3343394823774.1%
Chile19220026528013.4%
Russia2131753452475.1%
China466330367227-21.3%
Others60264590191715.1%
Total2,7292,6944,0983,83712.0%

Top Suppliers of Plywood to the United States in 2022:

  1. Brazil (1046.4K cubic meters)
  2. Vietnam (1020.1K cubic meters)
  3. Indonesia (932.7K cubic meters)
  4. Chile (466.7K cubic meters)
  5. Canada (443.4K cubic meters)
  6. China (410.8K cubic meters)
  7. Russia (383.5K cubic meters)

Plywood Exports in the United States

After three years of growth, shipments abroad of plywood decreased by -8.1% to 706K cubic meters in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of 768K cubic meters, and then shrank in the following year.

In value terms, plywood exports contracted to $325M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of $372M, and then contracted in the following year.

Export of Plywood in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada11211818516313.3%
Mexico41.541.884.892.330.5%
Bahamas12.214.819.121.019.8%
Dominican Republic15.27.06.99.5-14.5%
Australia32.012.128.01.0-68.5%
Others46.334.948.138.4-6.0%
Total2592283723257.9%

Top Export Markets for Plywood from the United States in 2022:

  1. Canada (316.2K cubic meters)
  2. Mexico (249.6K cubic meters)
  3. Bahamas (37.9K cubic meters)
  4. Dominican Republic (26.6K cubic meters)
  5. Australia (1.8K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plywood 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 1640 - Plywood

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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