U.S.: Market for Builders' Joinery And Carpentry Of Wood 2024

Market Size for Builders' Joinery And Carpentry Of Wood in the U.S.

The U.S. wooden joinery and carpentry market reached $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wooden joinery and carpentry consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Builders' Joinery And Carpentry Of Wood in the U.S.

In value terms, wooden joinery and carpentry production rose to $X in 2022. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Wooden joinery and carpentry production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Builders' Joinery And Carpentry Of Wood

Exports from the U.S.

In 2022, overseas shipments of builders' joinery and carpentry of wood increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports saw buoyant growth. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wooden joinery and carpentry exports stood at $X in 2022. Over the period under review, total exports indicated a notable 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, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for wooden joinery and carpentry exports from the United States, accounting for a X% share of total exports. Moreover, wooden joinery and carpentry exports to Canada exceeded the volume sent to the second major destination, Australia (X tons), more than tenfold. Bahamas (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Bahamas (X% per year).

In value terms, Canada ($X) remains the key foreign market for builders' joinery and carpentry of wood exports from the United States, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by Bahamas, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Bahamas (X% per year).

Export Prices by Country

In 2022, the average wooden joinery and carpentry export price amounted to $X per ton, approximately equating the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahamas ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (X%), while the prices for the other major destinations experienced a decline.

Imports of Builders' Joinery And Carpentry Of Wood

Imports into the U.S.

Wooden joinery and carpentry imports into the United States amounted to X tons in 2022, stabilizing at the previous year. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume 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 most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, wooden joinery and carpentry imports soared to $X in 2022. In general, total imports indicated resilient 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of wooden joinery and carpentry to the United States, with a X% share of total imports. Moreover, wooden joinery and carpentry imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was held by Brazil (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Brazil (X% per year).

In value terms, Canada ($X) constituted the largest supplier of builders' joinery and carpentry of wood to the United States, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and China (X% per year).

Import Prices by Country

The average wooden joinery and carpentry import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated a moderate expansion 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, wooden joinery and carpentry import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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