Northern America: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Northern America

The North American wood fuel (non-coniferous) market expanded slightly to $X in 2020, picking up by X% against the previous year. The total consumption indicated modest growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Wood Fuel (Non-Coniferous) Production in Northern America

In value terms, wood fuel (non-coniferous) production expanded modestly to $X in 2020 estimated in export prices. The total production indicated a slight expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Production By Country in Northern America

The U.S. (X cubic meters) remains the largest wood fuel (non-coniferous) producing country in Northern America, comprising approx. X% of total volume.

From 2007 to 2020, the average annual growth rate of volume in the U.S. was relatively modest.

Wood Fuel (Non-Coniferous) Exports

Exports in Northern America

Wood fuel (non-coniferous) exports shrank sharply to X cubic meters in 2020, waning by -X% compared with 2019 figures. Over the period under review, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. The volume of export peaked at X cubic meters in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports dropped markedly to $X in 2020. In general, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. represented the major exporter of wood fuel (non-coniferous) in Northern America, with the volume of exports reaching X cubic meters, which was near X% of total exports in 2020. It was distantly followed by Canada (X cubic meters), constituting a X% share of total exports.

The U.S. was also the fastest-growing in terms of the wood fuel (non-coniferous) exports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the U.S. ($X) remains the largest wood fuel (non-coniferous) supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in the U.S. stood at -X%.

Export Prices by Country

The wood fuel (non-coniferous) export price in Northern America stood at $X per cubic meter in 2020, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure in 2020 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Canada ($X per cubic meter), while the U.S. amounted to $X per cubic meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Wood Fuel (Non-Coniferous) Imports

Imports in Northern America

For the fifth consecutive year, Northern America recorded decline in purchases abroad of wood fuel (non-coniferous), which decreased by -X% to X cubic meters in 2020. Overall, imports saw a noticeable setback. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of X cubic meters. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) imports shrank remarkably to $X in 2020. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X cubic meters) represented the main importer of wood fuel (non-coniferous), mixing up X% of total imports. It was distantly followed by Canada (X cubic meters), generating a X% share of total imports.

The U.S. was also the fastest-growing in terms of the wood fuel (non-coniferous) imports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) constitutes the largest market for imported wood fuel (non-coniferous) in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., wood fuel (non-coniferous) imports declined by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

In 2020, the wood fuel (non-coniferous) import price in Northern America amounted to $X per cubic meter, rising by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the import price increased by X% year-to-year. The level of import peaked at $X per cubic meter in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per cubic meter), while Canada amounted to $X per cubic meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform