Northern America: Coniferous Roundwood Market 2024

Coniferous Roundwood Market Size in Northern America

The North American coniferous roundwood market stood at $X in 2022, surging by X% against the previous year. The total consumption indicated a resilient expansion 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 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Coniferous Roundwood Production in Northern America

In value terms, coniferous roundwood production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Coniferous Roundwood Exports

Exports in Northern America

In 2022, approx. X cubic meters of roundwood (coniferous) were exported in Northern America; which is down by X% on the previous year's figure. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, coniferous roundwood exports dropped to $X in 2022. In general, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the United States (X cubic meters), distantly followed by Canada (X cubic meters) were the key exporters of roundwood (coniferous), together comprising X% 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 ($X) remains the largest coniferous roundwood supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($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 totaled X%.

Export Prices by Country

The export price in Northern America stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while Canada totaled $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%).

Coniferous Roundwood Imports

Imports in Northern America

In 2022, supplies from abroad of roundwood (coniferous) decreased by X% to X cubic meters, falling for the third year in a row after two years of growth. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, coniferous roundwood imports skyrocketed to $X in 2022. In general, imports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Canada was the key importing country with an import of about X cubic meters, which resulted at X% of total imports. It was distantly followed by the United States (X cubic meters), committing a X% share of total imports.

Canada experienced a relatively flat trend pattern with regard to volume of imports of roundwood (coniferous). 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. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, Canada ($X) and the United States ($X) appeared to be the countries with the highest levels of imports in 2022.

Among the main importing countries, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per cubic meter, with an increase of X% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price 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, coniferous roundwood import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices 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 totaled $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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