U.S.: Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) 2021

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in the U.S.

The U.S. market for saw logs and veneer logs (non-coniferous) contracted to $X in 2020, dropping by -X% against the previous year. In general, consumption recorded a noticeable slump. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in the U.S.

In value terms, production of saw logs and veneer logs (non-coniferous) shrank to $X in 2020. Overall, production recorded a noticeable contraction. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from the U.S.

In 2020, approx. X cubic meters of saw logs and veneer logs (non-coniferous) were exported from the U.S.; picking up by X% compared with the previous year. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X cubic meters in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) amounted to $X in 2020. In general, exports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

China (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from the U.S., with a X% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to China exceeded the volume sent to the second major destination, Canada (X cubic meters), threefold. Japan (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Japan (+X% per year).

In value terms, China ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

From 2007 to 2020, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Viet Nam (+X% per year).

Export Prices by Country

In 2020, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, standing approx. at the previous year. In general, the export price saw a slight slump. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum at $X per cubic meter in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was China ($X per cubic meter), while the average price for exports to Portugal ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, 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 a decline.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into the U.S.

For the third consecutive year, the U.S. recorded decline in supplies from abroad of saw logs and veneer logs (non-coniferous), which decreased by -X% to X cubic meters in 2020. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Imports peaked at X cubic meters in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, imports of saw logs and veneer logs (non-coniferous) shrank notably to $X in 2020. Overall, imports recorded a perceptible slump. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Canada (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to the U.S., with a X% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Canada exceeded the figures recorded by the second-largest supplier, Brazil (X cubic meters), sixfold. The third position in this ranking was occupied by France (X cubic meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Canada totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and France (-X% per year).

In value terms, Canada ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to the U.S., comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Guyana, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Canada amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Guyana (+X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2020, dropping by -X% against the previous year. Overall, the import price, however, recorded a prominent expansion. The growth pace was the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per cubic meter in 2019, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per cubic meter), while the price for Brazil ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saw logs and veneer logs (non-coniferous) in the world?

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The countries with the highest volumes of consumption of saw logs and veneer logs (non-coniferous) in 2020 were China (181M cubic meters), Brazil (102M cubic meters) and the U.S. (91M cubic meters), with a combined 41% share of global consumption. Indonesia, India, Viet Nam, Russia, Canada, Chile, Australia, Thailand, Finland and Malaysia lagged somewhat behind, together comprising a further 34%.

What are the largest producers of saw logs and veneer logs (non-coniferous) in the world?

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The countries with the highest volumes of production of saw logs and veneer logs (non-coniferous) in 2020 were China (164M cubic meters), Brazil (103M cubic meters) and the U.S. (92M cubic meters), together comprising 40% of global production. Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia, Thailand and Malaysia lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of saw logs and veneer logs (non-coniferous) to the U.S.?

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In value terms, Canada ($18M) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to the U.S., comprising 77% of total imports. The second position in the ranking was occupied by China ($1.6M), with a 6.7% share of total imports. It was followed by Guyana, with a 4.1% share.

What are the leading importers of saw logs and veneer logs (non-coniferous) from the U.S.?

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In value terms, China ($360M) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from the U.S., comprising 58% of total exports. The second position in the ranking was occupied by Canada ($82M), with a 13% share of total exports. It was followed by Viet Nam, with a 10% share.

What is the average export price for saw logs and veneer logs (non-coniferous) in the U.S.?

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The average export price for saw logs and veneer logs (non-coniferous) stood at $382 per cubic meter in 2020, approximately equating the previous year.

What is the average import price for saw logs and veneer logs (non-coniferous) in the U.S.?

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In 2020, the average import price for saw logs and veneer logs (non-coniferous) amounted to $132 per cubic meter, waning by -18.3% against the previous year.