Canada: Sawnwood Market 2024

Sawnwood Market Size in Canada

In 2022, the Canadian sawnwood market was finally on the rise to reach $X after five years of decline. In general, consumption saw a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Sawnwood Production in Canada

In value terms, sawnwood production reached $X in 2022 estimated in export price. Overall, production, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Sawnwood production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Sawnwood Exports

Exports from Canada

In 2022, after two years of growth, there was significant decline in shipments abroad of sawnwood, when their volume decreased by X% to X cubic meters. In general, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X cubic meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, sawnwood exports reduced remarkably to $X in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

The United States (X cubic meters) was the main destination for sawnwood exports from Canada, with a X% share of total exports. Moreover, sawnwood exports to the United States exceeded the volume sent to the second major destination, Japan (X cubic meters), more than tenfold. China (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

The average sawnwood export price stood at $X per cubic meter in 2022, surging by X% against the previous year. Overall, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($X per cubic meter) and the UK ($X per cubic meter), while the average price for exports to the Philippines ($X per cubic meter) and Taiwan (Chinese) ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawnwood Imports

Imports into Canada

In 2022, approx. X cubic meters of sawnwood were imported into Canada; which is down by X% on 2021 figures. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sawnwood imports dropped to $X in 2022. Overall, total imports indicated tangible 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 pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, the United States (X cubic meters) constituted the largest supplier of sawnwood to Canada, accounting for a X% share of total imports. It was followed by Brazil (X cubic meters), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Germany (X% per year).

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

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

Import Prices by Country

The average sawnwood import price stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Overall, the import price posted a resilient increase. The growth pace was the most rapid in 2017 an increase of X%. As a result, import price attained the peak level of $X per cubic meter. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Germany ($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 the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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