U.S. Reconstituted wood product Market. Analysis And Forecast to 2025

U.S.: Reconstituted Wood Product Market Overview 2019

Reconstituted Wood Product Market Size in the USA

The revenue of the reconstituted wood product market in the U.S. amounted to $X in 2018, shrinking by -X% against the previous year. Overall, reconstituted wood product consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when market value increased by X% y-o-y. The reconstituted wood product consumption peaked of $X in 2017, and then declined slightly in the following year.

Reconstituted Wood Product Production in the USA

In value terms, reconstituted wood product production totaled $X in 2018. In general, reconstituted wood product production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The reconstituted wood product production peaked of $X in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

Reconstituted Wood Product Exports

Exports from the USA

Reconstituted wood product exports from the U.S. stood at X tonnes in 2018, jumping by X% against the previous year. Overall, reconstituted wood product exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018, when it surged by X% y-o-y. The exports peaked of X tonnes in 2014; however, from 2015 to 2018, it failed to regain its momentum.

In value terms, reconstituted wood product exports amounted to $X in 2018. In general, reconstituted wood product exports continue to indicate a deep reduction. The exports peaked of $X in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

Exports by Country

Viet Nam (X tonnes), South Korea (X tonnes) and Chile (X tonnes) were the main destinations of reconstituted wood product exports from the U.S., with a combined X% share of total exports.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Viet Nam ($X), South Korea ($X) and Japan ($X) constituted the largest markets for reconstituted wood product exported from the U.S. worldwide, with a combined X% share of total exports.

Viet Nam (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last five year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average reconstituted wood product export price stood at $X per tonne in 2018, coming down by -X% against the previous year. In general, the export price indicated a perceptible expansion from 2013 to 2018: its price increased at an average annual rate of +X% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2018 figures, the reconstituted wood product export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2017, an increase of X% y-o-y. In that year, the average export prices for reconstituted wood product attained their peak level of $X per tonne, and then declined slightly in the following year.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Japan ($X per kg), while average price for exports to Honduras ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Chile (+X% per year), the export prices for the other major destinations experienced mixed trend patterns.

Reconstituted Wood Product Imports

Imports into the USA

In 2018, imports of reconstituted wood product into the U.S. amounted to X tonnes, flattening at the previous year. The total import volume increased an average annual rate of +X% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the reconstituted wood product imports attained their peak volume of X tonnes, leveling off in the following year.

In value terms, reconstituted wood product imports stood at $X in 2018. The total import value increased an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the reconstituted wood product imports attained its maximum level of $X in 2017, and then declined slightly in the following year.

Imports by Country

China (X tonnes), Brazil (X tonnes) and Germany (X tonnes) were the main suppliers of reconstituted wood product imports to the U.S., with a combined X% share of total imports. Poland, Chile, New Zealand, Austria, Belgium, Spain, Italy, Romania and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Romania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Brazil ($X) appeared to be the largest reconstituted wood product suppliers to the U.S., with a combined X% share of total imports. These countries were followed by Chile, Austria, Spain, Belgium, New Zealand, Italy, Switzerland, Poland and Romania, which together accounted for a further X%.

In terms of the main suppliers, Romania (+X% per year) recorded the highest rates of growth with regard to imports, over the last five years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average reconstituted wood product import price stood at $X per tonne in 2018, approximately reflecting the previous year. In general, reconstituted wood product import price continues to indicate a slight drop. The most prominent rate of growth was recorded in 2014, an increase of X% y-o-y. In that year, the average import prices for reconstituted wood product attained their peak level of $X per tonne. From 2015 to 2018, growth of the average import prices for reconstituted wood product failed to regain its momentum.

Import prices varied noticeably by the country of origin; the country with the highest import price was Switzerland ($X per tonne), while price for Poland ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Romania (+X% per year), the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform