U.S.: Veneer Sheets Market 2024

Veneer Sheets Market Size in the U.S.

In 2022, after three years of decline, there was significant growth in the U.S. veneer sheets market, when its value increased by X% to $X. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Veneer Sheets Production in the U.S.

In value terms, veneer sheets production stood at $X in 2022. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; afterwards, it flattened through to 2022.

Veneer Sheets Exports

Exports from the U.S.

In 2022, the amount of veneer sheets exported from the United States dropped to X cubic meters, which is down by X% against 2021. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X cubic meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, veneer sheets exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Canada (X cubic meters) was the main destination for veneer sheets exports from the United States, accounting for a X% share of total exports. Moreover, veneer sheets exports to Canada exceeded the volume sent to the second major destination, Mexico (X cubic meters), fourfold. The third position in this ranking was held by Germany (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Germany (X% per year).

In value terms, Canada ($X) remains the key foreign market for veneer sheets exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to 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 2022, the average veneer sheets export price amounted to $X per cubic meter, growing by X% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per cubic meter), while the average price for exports to Egypt ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, 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 more modest paces of growth.

Veneer Sheets Imports

Imports into the U.S.

In 2022, purchases abroad of veneer sheets was finally on the rise to reach X cubic meters for the first time since 2015, thus ending a six-year declining trend. Over the period under review, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, veneer sheets imports skyrocketed to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Canada (X cubic meters) constituted the largest veneer sheets supplier to the United States, accounting for a X% share of total imports. Moreover, veneer sheets imports from Canada exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), threefold. Italy (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Canada ($X) constituted the largest supplier of veneer sheets to the United States, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average veneer sheets import price amounted to $X per cubic meter, shrinking by X% against the previous year. Overall, the import price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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