Northern America: Market for Wood Chips And Particles 2024

Market Size for Wood Chips And Particles in Northern America

In 2022, the North American wood chips and particles market decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption recorded a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Wood Chips And Particles in Northern America

In value terms, wood chips and particles production reached $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Wood Chips And Particles

Exports in Northern America

In 2022, overseas shipments of wood chips and particles increased by X% to X cubic meters, rising for the second year in a row after two years of decline. In general, exports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wood chips and particles exports soared to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States dominates exports structure, accounting for X cubic meters, which was approx. X% of total exports in 2022. It was distantly followed by Canada (X cubic meters), creating a X% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of wood chips and particles. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

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

In the United States, wood chips and particles exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per cubic meter, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the United States stood at $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%).

Imports of Wood Chips And Particles

Imports in Northern America

In 2022, supplies from abroad of wood chips and particles decreased by X% to X cubic meters, falling for the third consecutive year after two years of growth. Over the period under review, imports saw a pronounced decrease. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood chips and particles imports declined modestly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Canada prevails in imports structure, finishing at X cubic meters, which was approx. X% of total imports in 2022. The United States (X cubic meters) held a relatively small share of total imports.

Canada was also the fastest-growing in terms of the wood chips and particles imports, with a CAGR of X% from 2012 to 2022. The United States (X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Canada stood at X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per cubic meter, picking up by X% against the previous year. Import price indicated a resilient increase 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, wood chips and particles import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 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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