Latest Report Update: Jul 4, 2020

U.S. Hardwood veneer and plywood Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Hardwood Veneer Аnd Plywood 2020

Market Size for Hardwood Veneer Аnd Plywood in the U.S.

The U.S. hardwood veneer nd plywood market was estimated at $X in 2019, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the near future.

Production of Hardwood Veneer Аnd Plywood in the U.S.

In value terms, hardwood veneer nd plywood production rose rapidly to $X in 2019. The total output value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level in 2019 and is likely to continue growth in the immediate term.

Exports of Hardwood Veneer Аnd Plywood

Exports from the U.S.

In 2019, shipments abroad of hardwood veneer nd plywood increased by X% to X square meters, rising for the second consecutive year after three years of decline. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of X square meters. From 2015 to 2019, the growth exports remained at a lower figure.

In value terms, hardwood veneer nd plywood exports fell modestly to $X in 2019. Over the period under review, exports, however, showed a mild reduction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2015 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Canada (X square meters) was the main destination for hardwood veneer nd plywood exports from the U.S., with a X% share of total exports. Moreover, hardwood veneer nd plywood exports to Canada exceeded the volume sent to the second major destination, Mexico (X square meters), threefold. Spain (X square meters) ranked third in terms of total exports with a X% share.

From 2013 to 2019, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Spain (+X% per year).

In value terms, Canada ($X) remains the key foreign market for hardwood veneer nd plywood exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2019, the average hardwood veneer nd plywood export price amounted to $X per square meter, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, export price attained the peak level of $X per square meter. From 2018 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per square meter), while the average price for exports to Egypt ($X per square meter) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hardwood Veneer Аnd Plywood

Imports into the U.S.

In 2019, approx. X square meters of hardwood veneer nd plywood were imported into the U.S.; waning by -X% on the previous year's figure. Over the period under review, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters. From 2016 to 2019, the growth imports remained at a lower figure.

In value terms, hardwood veneer nd plywood imports reduced notably to $X in 2019. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then dropped significantly in the following year.

Imports by Country

In 2019, Canada (X square meters) constituted the largest hardwood veneer nd plywood supplier to the U.S., with a X% share of total imports. Moreover, hardwood veneer nd plywood imports from Canada exceeded the figures recorded by the second-largest supplier, Italy (X square meters), more than tenfold. Ecuador (X square meters) ranked third in terms of total imports with a X% share.

From 2013 to 2019, the average annual growth rate of volume from Canada amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Ecuador (+X% per year).

In value terms, the largest hardwood veneer nd plywood suppliers to the U.S. were China ($X), Canada ($X) and Ecuador ($X), together comprising X% of total imports. Brazil, Italy, Germany, Portugal, Estonia, Ghana, Cote d'Ivoire and Gabon lagged somewhat behind, together accounting for a further X terms of the main suppliers, Portugal saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hardwood veneer nd plywood import price stood at $X per square meter in 2019, dropping by -X% against the previous year. Over the last six-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per square meter, and then reduced in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per square meter), while the price for Gabon ($X per square meter) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of hardwood veneer Аnd plywood to the U.S.?
+
In value terms, the largest hardwood veneer аnd plywood suppliers to the U.S. were China ($308M), Canada ($247M) and Ecuador ($52M), together comprising 33% of total imports. These countries were followed by Brazil, Italy, Germany, Portugal, Estonia, Ghana, Cote d'Ivoire and Gabon, which together accounted for a further 6.1%.
What are the leading importers of hardwood veneer Аnd plywood from the U.S.?
+
In value terms, Canada ($163M) remains the key foreign market for hardwood veneer аnd plywood exports from the U.S., comprising 43% of total exports. The second position in the ranking was occupied by Mexico ($51M), with a 13% share of total exports. It was followed by Spain, with a 4.9% share.
What is the average export price for hardwood veneer Аnd plywood in the U.S.?
+
In 2019, the average hardwood veneer аnd plywood export price amounted to $1.9 per square meter, therefore, remained relatively stable against the previous year.
What is the average import price for hardwood veneer Аnd plywood in the U.S.?
+
The average hardwood veneer аnd plywood import price stood at $26 per square meter in 2019, falling by -9.6% against the previous year.

Product coverage:
• NAICS 321211 - Hardwood veneer and plywood manufacturing

This report provides an in-depth analysis of the market for hardwood veneer u0410nd plywood in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Companies mentioned:
• Columbia Forest Products
• Smith Family Companies
• Veneer Technologies
• States Industries
• Decorative Panels International
• Mt. Baker Products
• Rutland Plywood Corp.
• The Freeman Corporation
• Marion Plywood Corporation
• David R. Webb Company
• Nmsa
• International Timber and Veneer
• Miller Veneers
• Amos-Hill Associates
• Swaner Hardwood Co.
• Manthei
• Murphy Company
• Ferche Millwork
• Standard Plywoods Incorporated
• Swanson Group Mfg.
• Coldwater Veneer
• Birchwood Lumber & Veneer Co.
• Plycraft Industries
• Bessemer Plywood Corp.
• Davis Wood Products
• Timber Products Michigan Limited Partnership
• Danzer Services
• Northern Michigan Veneers
• Columbia Plywood Corporation
• Plum Creek Northwest Plywood
• Coastal Plywood Company
• Ivc USA Inc.

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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