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Canada - Sawnwood - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Canada - Sawnwood - Market Analysis, Forecast, Size, Trends and Insights

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Oct 17, 2023

Canada's Sawnwood Exports Decline to $165M in June 2023

Canada Sawnwood Exports

In June 2023, sawnwood exports from Canada reduced to 426K cubic meters, declining by -2% against the month before. Over the period under review, exports recorded a noticeable decrease. The most prominent rate of growth was recorded in March 2023 when exports increased by 27% month-to-month. Over the period under review, the exports hit record highs at 652K cubic meters in June 2022; however, from July 2022 to June 2023, the exports stood at a somewhat lower figure.

In value terms, sawnwood exports fell to $165M (IndexBox estimates) in June 2023. In general, exports saw a perceptible slump. The pace of growth appeared the most rapid in March 2023 with an increase of 26% m-o-m. Over the period under review, the exports hit record highs at 261M cubic meters in June 2022; however, from July 2022 to June 2023, the exports failed to regain momentum.Canada Sawnwood Exports By Country (Million USD)

COUNTRYExport Value of Sawnwood in Canada (million USD)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
United States18313216313812411590.795.591.8119116127129
China11.011.310.68.310.29.78.49.111.113.112.38.96.9
Japan14.713.613.615.27.68.38.85.07.45.47.86.56.5
Taiwan (Chinese)3.92.92.32.22.32.11.72.53.93.92.93.93.2
New Zealand12.19.02.05.11.83.80.52.9N/A2.40.51.01.8
Others36.227.827.925.625.117.820.717.818.923.419.921.318.0
Total261196220194171156131133133167160169165

Exports by Country

The United States (340K cubic meters) was the main destination for sawnwood exports from Canada, with a 80% share of total exports. Moreover, sawnwood exports to the United States exceeded the volume sent to the second major destination, Japan (16K cubic meters), more than tenfold. The third position in this ranking was taken by China (15K cubic meters), with a 3.4% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of volume to the United States amounted to -2.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-6.5% per month) and China (-3.1% per month).

In value terms, the United States ($129M) remains the key foreign market for sawnwood exports from Canada, comprising 78% of total exports. The second position in the ranking was held by China ($6.9M), with a 4.2% share of total exports. It was followed by Japan, with a 3.9% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value to the United States stood at -2.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: China (-3.9% per month) and Japan (-6.6% per month).

Exports by Type

Sawnwood (coniferous) (394K cubic meters) was the largest type of sawnwood exported from Canada, with a 92% share of total exports. Moreover, sawnwood (coniferous) exceeded the volume of the second product type, sawnwood (non-coniferous) (33K cubic meters), more than tenfold.

From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of export of sawnwood (coniferous) amounted to -3.6%.

In value terms, sawnwood (coniferous) ($146M) remains the largest type of sawnwood exported from Canada, comprising 89% of total exports. The second position in the ranking was held by sawnwood (non-coniferous) ($19M), with an 11% share of total exports.

From June 2022 to June 2023, the average monthly rate of growth in terms of the export volume of sawnwood (coniferous) amounted to -3.6%.

Export Prices by Country

In June 2023, the sawnwood price stood at $387 per cubic meter (FOB, Canada), remaining constant against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 1.8% month-to-month. Over the period under review, the average export prices attained the maximum at $406 per cubic meter in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were China ($471 per cubic meter) and Japan ($396 per cubic meter), while the average price for exports to the United States ($379 per cubic meter) and Taiwan (Chinese) ($387 per cubic meter) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sawnwood market in Canada. 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:

  • FCL 1632 - Sawnwood, coniferous
  • FCL 1633 - Sawnwood, non-coniferous all

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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