U.S.: Market for All other miscellaneous wood product 2020

Market Size for All other miscellaneous wood product in the U.S.

The U.S. market for all other miscellaneous wood product expanded slightly to $X in 2019, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.

Production of All other miscellaneous wood product in the U.S.

In value terms, all other miscellaneous wood product production expanded slightly to $X in 2019. The total output value increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% year-to-year. All other miscellaneous wood product production peaked in 2019 and is likely to continue growth in the immediate term.

Exports of All other miscellaneous wood product

Exports from the U.S.

For the third consecutive year, the U.S. recorded growth in overseas shipments of all other miscellaneous wood product, which increased by X% to X tons in 2019. In general, total exports indicated a resilient expansion from 2013 to 2019: its volume increased at an average annual rate of +X% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2019 and are likely to see gradual growth in years to come.

In value terms, all other miscellaneous wood product exports declined to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked at $X in 2018, and then contracted in the following year.

Exports by Country

The UK (X tons) was the main destination for all other miscellaneous wood product exports from the U.S., with a X% share of total exports. Moreover, all other miscellaneous wood product exports to the UK exceeded the volume sent to the second major destination, Belgium (X tons), eightfold. The third position in this ranking was occupied by Denmark (X tons), with a X% share.

From 2013 to 2019, the average annual growth rate of volume to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Denmark (+X% per year).

In value terms, the UK ($X) remains the key foreign market for all other miscellaneous wood product exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value to the UK totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Denmark (+X% per year).

Export Prices by Country

The average export price for all other miscellaneous wood product stood at $X per ton in 2019, which is down by -X% against the previous year. In general, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average export price decreased by -X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced more modest paces of growth.

Imports of All other miscellaneous wood product

Imports into the U.S.

In 2019, overseas purchases of all other miscellaneous wood product were finally on the rise to reach X tons for the first time since 2015, thus ending a three-year declining trend. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. From 2016 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, all other miscellaneous wood product imports reduced to $X in 2019. The total import value increased at an average annual rate of +X% from 2013 to 2019; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

China (X tons), Canada (X tons) and India (X tons) were the main suppliers of all other miscellaneous wood product imports to the U.S., with a combined X% share of total imports.

From 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of all other miscellaneous wood product to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2013 to 2019, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Portugal (+X% per year).

Import Prices by Country

The average import price for all other miscellaneous wood product stood at $X per ton in 2019, with a decrease of -X% against the previous year. Overall, the import price, however, showed noticeable growth. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Portugal ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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