Northern America: Industrial Roundwood Market 2024

Industrial Roundwood Market Size in Northern America

The North American industrial roundwood market expanded notably to $X in 2022, increasing by X% against the previous year. The total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Industrial Roundwood Production in Northern America

In value terms, industrial roundwood production totaled $X in 2022 estimated in export price. Overall, production, however, posted a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Industrial Roundwood Exports

Exports in Northern America

In 2022, approx. X cubic meters of industrial roundwood were exported in Northern America; falling by X% against the previous year's figure. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood exports dropped to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States represented the major exporting country with an export of about X cubic meters, which finished at X% of total exports. It was distantly followed by Canada (X cubic meters), constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%).

In value terms, the United States ($X) remains the largest industrial roundwood supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States was relatively modest.

Export Prices by Country

The export price in Northern America stood at $X per cubic meter in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while Canada amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Industrial Roundwood Imports

Imports in Northern America

In 2022, supplies from abroad of industrial roundwood decreased by X% to X cubic meters, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, posted a slight increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, industrial roundwood imports rose markedly to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Canada was the major importer of industrial roundwood in Northern America, with the volume of imports amounting to X cubic meters, which was approx. X% of total imports in 2022. It was distantly followed by the United States (X cubic meters), constituting a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to industrial roundwood imports into Canada stood at X%. At the same time, the United States (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Canada ($X) constitutes the largest market for imported industrial roundwood in Northern America, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

In Canada, industrial roundwood imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per cubic meter in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. As a result, import price attained the peak level of $X per cubic meter. From 2018 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while Canada amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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