Northern America: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Northern America

The North American wood slicing machine market soared to $X in 2021, increasing by 32% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Wood Slicing Machine Production in Northern America

In value terms, wood slicing machine production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 51%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wood Slicing Machine Exports

Exports in Northern America

In 2021, overseas shipments of splitting, slicing or paring machines decreased by -2.6% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 42%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, wood slicing machine exports surged to $X in 2021. In general, exports showed a deep setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada represented the main exporting country with an export of about X units, which accounted for 88% of total exports. It was distantly followed by the United States (X units), making up a 12% share of total exports.

Canada was also the fastest-growing in terms of the splitting, slicing or paring machines exports, with a CAGR of +25.0% from 2012 to 2021. The United States (-13.2%) illustrated a downward trend over the same period. Canada (+67 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -66.5% from 2012 to 2021, respectively.

In value terms, Canada ($X) remains the largest wood slicing machine supplier in Northern America, comprising 76% of total exports. The second position in the ranking was taken by the United States ($X), with a 24% share of total exports.

In Canada, wood slicing machine exports expanded at an average annual rate of +3.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, surging by 65% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-3.6%).

Wood Slicing Machine Imports

Imports in Northern America

For the fifth year in a row, Northern America recorded growth in supplies from abroad of splitting, slicing or paring machines, which increased by 26% to X units in 2021. In general, imports posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 32%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, wood slicing machine imports surged to $X in 2021. Overall, imports showed a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 37% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

The United States was the main importing country with an import of around X units, which recorded 76% of total imports. It was distantly followed by Canada (X units), mixing up a 24% share of total imports.

The United States was also the fastest-growing in terms of the splitting, slicing or paring machines imports, with a CAGR of +17.0% from 2012 to 2021. At the same time, Canada (+10.5%) displayed positive paces of growth. From 2012 to 2021, the share of the United States increased by +11 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported splitting, slicing or paring machines in Northern America, comprising 81% of total imports. The second position in the ranking was held by Canada ($X), with a 19% share of total imports.

In the United States, wood slicing machine imports expanded at an average annual rate of +15.4% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, with an increase of 8% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2013 an increase of 10% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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 unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :