Northern America: Forestry Machinery Market 2020

Forestry Machinery Market Size in Northern America

The revenue of the forestry machinery market in Northern America amounted to $X in 2017, shrinking by -X% against the previous year. The forestry machinery consumption continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. The level of forestry machinery consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Forestry Machinery Production in Northern America

The forestry machinery production totaled X units in 2017, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, when the output figure increased by X% y-o-y. The volume of forestry machinery production peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Forestry Machinery Exports in Northern America

In 2017, approx. X units of forestry machinery were exported in Northern America; increasing by X% against the previous year. The forestry machinery exports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the forestry machinery exports attained its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, forestry machinery exports amounted to $X in 2017. The total exports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the forestry machinery exports decreased by -X% against 2015 indices. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Forestry Machinery Exports by Country in Northern America

The exports of the one major exporters of forestry machinery, namely Canada, represented more than half of total export.

Canada was also the fastest growing in terms of the forestry machinery exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Canada decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) also remains the largest forestry machinery supplier in Northern America.

In Canada, forestry machinery exports increased at an average annual rate of +X% over the period from 2007-2017.

Forestry Machinery Export Prices by Country in Northern America

The forestry machinery export price in Northern America stood at $X thousand per unit in 2017, dropping by -X% against the previous year. The forestry machinery export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the export prices for forestry machinery attained its maximum level of $X thousand per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Canada.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (-X% per year).

Forestry Machinery Imports in Northern America

In 2017, imports of forestry machinery in Northern America totaled X units, falling by -X% against the previous year. The forestry machinery imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2015, when imports increased by X% year-to-year. Over the period under review, the forestry machinery imports reached its peak figure volume of X units in 2016, and then declined slightly in the following year.

In value terms, forestry machinery imports amounted to $X in 2017. The forestry machinery imports continue to indicate a strong increase. Over the period under review, the forestry machinery imports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Forestry Machinery Imports by Country in Northern America

The imports of the one major importers of forestry machinery, namely the U.S., represented more than two-thirds of total import.

The U.S. was also the fastest growing in terms of the forestry machinery imports, with a CAGR of +X% from 2007 to 2017. The U.S. (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported forestry machinery in Northern America.

In the U.S., forestry machinery imports expanded at an average annual rate of +X% over the period from 2007-2017.

Forestry Machinery Import Prices by Country in Northern America

In 2017, the forestry machinery import price in Northern America amounted to $X per unit, rising by X% against the previous year. The forestry machinery import price continues to indicate a temperate deduction. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of import price peaked of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by import prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (-X% per year).

Source: IndexBox Platform