Blog - Wood-Based Panels

Aug 17, 2021

584

In 2020, American plywood imports grew by +15% y-o-y to 5.4M or by +7.7% to $2.9B in value terms, reaching a record level over the past decade. Vietnam, Brazil and Canada constitute the major plywood suppliers to the U.S., with a combined 41%-share of the total imports. Last year, Cambodia, Indonesia, Brazil, Vietnam, Chile, Canada and Russia saw the most rapid increases in plywood exports to the U.S. In 2020, the average plywood import price in America dropped by -6.7% against the figures of 2019.

Aug 11, 2021

936

Last year, the American particle board imports grew by +13.2% y-o-y to 6.1M cubic meters or $2.1B in value terms due to an intensive housing building. Canada remains the prime particle board supplier to the U.S., boosting its exports by +44% y-o-y to $1.9B. The volume of supplies from Brazil to the U.S. has risen even more sharply by +69%. Average prices for imported particle board also indicates tangible growth.

Aug 9, 2021

685

Global hardboard exports increased by +1.1% y-o-y to 3.6M cubic meters last year. Germany heads the list of the largest hardboard exporters worldwide, supplying 45% of its export volume to the U.S., France and Poland. In 2020, Brazil, Thailand, Romania, Turkey, Spain, Belgium and Canada recorded the most prominent export growth. 

Jul 30, 2021

424

American OSB imports shot up due to the construction boom that has been seen in the country. The unprecedented demand for wood products leads to record hikes in prices that are relevant not only for OSB but the entire wood industry. Canada is the only major supplier of OSB to the U.S., holding approx. 30% share in the market. Canadian producers thus thrive from the American construction boom.

Mar 12, 2021

622

The U.S. reconstituted wood product market is estimated at approx. $12B. Over May-June 2020, the production and imports recovered from the lockdown-related drop and continued to grow. It is driven by rapidly growing suburban construction and the related need to equip homes with furniture. Should the pandemic wane in 2021, the market is to continue measured growth.

Mar 11, 2021

835

In May 2020, the MDF production began to grow rapidly and exceeded its pre-crisis level in July 2020. This was also relevant for the manufacture of furniture, which is the key downstream industry for the MDF market. If the country will return to pandemic-free life in 2021, Turkey's real GDP is projected to grow by about 3% per annum in the medium term, which is to create a positive background for future MDF growth. Increasing exports to countries with rising demand for MDF, e.g., the U.S., may potentially become an additional driver for the Turkish MDF industry.

Jan 29, 2021

834

The global mdf market declined slightly to $45.9B in 2019, which is down by -4.8% against the previous year. This...

Aug 12, 2020

636

In 2019, after two years of growth, there was significant decline in the U.S. hardwood veneer and plywood market,...

May 15, 2020

648

The revenue of the hardboard market in Asia-Pacific rose to $3.8B in 2018, surging by 6.4% against the previous year.

Mar 2, 2020

550

The revenue of the particle board market in the European Union amounted to $11.4B in 2018. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.2% for the period from 2018 to 2030.

Feb 27, 2020

647

The revenue of the MDF market in the European Union amounted to $5.3B in 2018. Driven by increasing demand for MDF in the European Union, the market is expected to continue an upward consumption trend over the next decade. 

Feb 25, 2020

753

The revenue of the plywood market in the Middle East amounted to $1.4B in 2018. Driven by increasing demand for plywood in the Middle East, the market is expected to continue an upward consumption trend over the next decade.