Northern America: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2025

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Northern America

In 2021, the North American market for particle board and similar board of ligneous materials (excluding wood) decreased by -4.6% to $X for the first time since 2017, thus ending a three-year rising trend. The total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +79.2% against 2015 indices. The level of consumption peaked at $X in 2020, and then declined slightly in the following year.

Production of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Northern America

In value terms, production of particle board and similar board of ligneous materials (excluding wood) shrank slightly to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +14.7% against 2016 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 55%. Over the period under review, production of hit record highs at $X in 2020, and then declined modestly in the following year.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports in Northern America

In 2021, approx. X cubic meters of particle board and similar board of ligneous materials (excluding wood) were exported in Northern America; increasing by 109% against 2020 figures. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 379% against the previous year. As a result, the exports attained the peak of X cubic meters. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) soared to $X in 2021. Over the period under review, exports, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2019 when exports increased by 314% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

The United States dominates wood) structure, accounting for X cubic meters, which was approx. 96% of total exports in 2021. Canada (X cubic meters) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to board of bagasse, bamboo or other particles exports from the United States stood at +5.3%. At the same time, Canada (+41.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +41.3% from 2012-2021. While the share of Canada (+3.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-3.9 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest board of bagasse, bamboo or other particles supplier in Northern America, comprising 95% of total exports. The second position in the ranking was held by Canada ($X), with a 5% share of total exports.

In the United States, exports of particle board and similar board of ligneous materials (excluding wood) plunged by an average annual rate of -3.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per cubic meter, declining by -17.1% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2018 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the United States amounted to $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-6.1%).

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports in Northern America

For the third year in a row, Northern America recorded growth in overseas purchases of particle board and similar board of ligneous materials (excluding wood), which increased by 23% to X cubic meters in 2021. In general, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 88%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) soared to $X in 2021. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 89%. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Canada was the key importing country with an import of about X cubic meters, which finished at 67% of total imports. It was distantly followed by the United States (X cubic meters), constituting a 33% share of total imports.

Canada was also the fastest-growing in terms of the particle board and similar board of ligneous materials (excluding wood) imports, with a CAGR of +12.7% from 2012 to 2021. At the same time, the United States (+8.4%) displayed positive paces of growth. While the share of Canada (+8.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-7.4 p.p.) displayed negative dynamics.

In value terms, Canada ($X) and the United States ($X) were the countries with the highest levels of imports in 2021.

Canada, with a CAGR of +7.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per cubic meter, with an increase of 11% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 an increase of 13%. The level of import peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while Canada stood at $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-4.7%).

Source: IndexBox Platform

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