Report U.S. Hardwood Veneer and Plywood Market. Analysis and Forecast to 2025 for 499$
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U.S. Hardwood Veneer and Plywood Market. Analysis and Forecast to 2025
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U.S.: Market for Hardwood Veneer and Plywood 2022

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

In 2021, the U.S. hardwood veneer and plywood market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed perceptible growth. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the immediate term.

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

In value terms, hardwood veneer and plywood production expanded slightly to $X in 2021. In general, production showed notable growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Hardwood veneer and plywood production peaked in 2021 and is expected to retain growth in years to come.

Exports of Hardwood Veneer and Plywood

Exports from the U.S.

In 2021, shipments abroad of hardwood veneer and plywood was finally on the rise to reach X cubic meters for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X cubic meters in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, hardwood veneer and plywood exports skyrocketed to $X in 2021. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

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

From 2013 to 2021, the average annual rate of growth in terms 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 ($X) remains the key foreign market for hardwood veneer and plywood exports from the United States, comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2013 to 2021, the average annual rate of growth in terms of value 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).

Export Prices by Country

The average hardwood veneer and plywood export price stood at $X per cubic meter in 2021, increasing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per cubic meter in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were Indonesia ($X per cubic meter) and Italy ($X per cubic meter), while the average price for exports to Mexico ($X per cubic meter) and China ($X per cubic meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-X%), while the prices for the other major destinations experienced a decline.

Imports of Hardwood Veneer and Plywood

Imports into the U.S.

After four years of decline, purchases abroad of hardwood veneer and plywood increased by X% to X cubic meters in 2021. In general, imports posted a moderate expansion. Imports peaked at X cubic meters in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, hardwood veneer and plywood imports skyrocketed to $X in 2021. Overall, imports saw a tangible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam (X cubic meters), Russia (X cubic meters) and Indonesia (X cubic meters) were the main suppliers of hardwood veneer and plywood imports to the United States, together comprising X% of total imports. These countries were followed by Canada, China, Brazil and Cambodia, which together accounted for a further X 2013 to 2021, the biggest increases were in Cambodia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Russia ($X) and Canada ($X) constituted the largest hardwood veneer and plywood suppliers to the United States, together accounting for X% of total imports. These countries were followed by China, Cambodia, Indonesia and Brazil, which together accounted for a further X the main suppliers, Cambodia, with a CAGR of +X%, recorded 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 and plywood import price stood at $X per cubic meter in 2021, surging by X% against the previous year. Over the period under review, the import price showed pronounced growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Cambodia ($X per cubic meter), while the price for Brazil ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the leading suppliers of hardwood veneer and plywood to the U.S.?
+
In value terms, the largest hardwood veneer and plywood suppliers to the United States were Vietnam, Russia and Canada, with a combined 48% share of total imports. China, Cambodia, Indonesia and Brazil lagged somewhat behind, together accounting for a further 32%.
What are the leading importers of hardwood veneer and plywood from the U.S.?
+
In value terms, Canada remains the key foreign market for hardwood veneer and plywood exports from the United States, comprising 43% of total exports. The second position in the ranking was occupied by Mexico, with a 15% share of total exports. It was followed by Spain, with a 5.2% share.
What is the average export price for hardwood veneer and plywood in the U.S.?
+
In 2021, the average hardwood veneer and plywood export price amounted to $593 per cubic meter, picking up by 11% against the previous year.
What is the average import price for hardwood veneer and plywood in the U.S.?
+
The average hardwood veneer and plywood import price stood at $735 per cubic meter in 2021, picking up by 11% against the previous year.

This report provides an in-depth analysis of the market for hardwood veneer and 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 2030.


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

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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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