Northern America: Roundwood Market 2024

Roundwood Market Size in Northern America

The North American roundwood market rose notably to $X in 2022, growing by X% against the previous year. The total consumption indicated a perceptible 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Roundwood Production in Northern America

In value terms, roundwood production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient increase. The pace of growth appeared the most rapid 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 lower figure.

Roundwood Exports

Exports in Northern America

In 2022, exports of roundwood in Northern America fell notably to X cubic meters, which is down by X% against 2021 figures. Over the period under review, exports faced a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, roundwood exports shrank to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United States represented the largest exporter of roundwood in Northern America, with the volume of exports reaching X cubic meters, which was approx. X% of total exports in 2022. It was distantly followed by Canada (X cubic meters), making up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Canada (with a CAGR of X%).

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

From 2012 to 2022, the average annual growth rate 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, picking up by X% against the previous year. Overall, the export price posted a prominent increase. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

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 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%).

Roundwood Imports

Imports in Northern America

After four years of growth, overseas purchases of roundwood decreased by X% to X cubic meters in 2022. Overall, imports faced a dramatic shrinkage. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, roundwood imports rose remarkably 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 2017 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

In 2022, Bermuda (X cubic meters) was the main importer of roundwood, committing X% of total imports. Greenland (X cubic meters) ranks second in terms of the total imports with a X% share, followed by Canada (X%). The United States (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bermuda (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per cubic meter, jumping by X% against the previous year. Over the period under review, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per cubic meter in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while Greenland (less than $X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greenland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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