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.

In 2019, the U.S. market for saw logs and veneer logs (non-coniferous) increased by X% to $X, rising for the fourth consecutive year after four years of decline. In general, consumption saw a slight reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Consumption peaked at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

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) expanded markedly to $X in 2019. In general, production recorded a mild slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

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

Exports from the U.S.

In 2019, shipments abroad of saw logs and veneer logs (non-coniferous) decreased by -X% to X cubic meters, falling for the fifth consecutive year after three years of growth. Overall, exports saw a slight decrease. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked at X cubic meters in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) declined remarkably to $X in 2019. Over the period under review, exports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2018, and then contracted sharply in the following year.

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), more than tenfold. The third position in this ranking was occupied by Viet Nam (X cubic meters), with a X% share.

From 2007 to 2019, 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 Viet Nam (+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 2019, 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

The average export price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2019, picking up by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per cubic meter in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to China ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

In 2019, the amount of saw logs and veneer logs (non-coniferous) imported into the U.S. fell notably to X cubic meters, waning by -X% on the previous year. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) declined to $X in 2019. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Canada (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to the U.S., accounting for 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, Cameroon (X cubic meters), fourfold. The third position in this ranking was occupied by China (X cubic meters), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Canada amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cameroon (-X% per year) and China (-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 Cameroon, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Cameroon (+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 2019, with an increase of X% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The import price peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Canada ($X per cubic meter), while the price for Brazil ($X per cubic meter) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Myanmar (+X% per year), 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 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 2019 were China (182M cubic meters), Brazil (113M cubic meters) and the U.S. (92M cubic meters), with a combined 44% share of global consumption. Indonesia, India, Viet Nam, Russia, Canada, Finland, Chile, Australia and Thailand lagged somewhat behind, together accounting for a further 32%.

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 2019 were China (160M cubic meters), Brazil (114M cubic meters) and the U.S. (94M cubic meters), with a combined 42% share of global production. These countries were followed by Indonesia, India, Russia, Viet Nam, Canada, Chile, Australia and Thailand, which together accounted for a further 31%.

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 ($23M) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to the U.S., comprising 74% of total imports. The second position in the ranking was occupied by China ($1.9M), with a 5.9% share of total imports. It was followed by Cameroon, with a 4.6% 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 ($357M) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from the U.S., comprising 54% of total exports. The second position in the ranking was occupied by Canada ($111M), with a 17% 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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In 2019, the average export price for saw logs and veneer logs (non-coniferous) amounted to $456 per cubic meter, increasing by 18% against 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 2019, the average import price for saw logs and veneer logs (non-coniferous) amounted to $155 per cubic meter, with an increase of 38% against the previous year.