U.S.: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in the U.S.

The U.S. market for coniferous wood in the rough shrank to $X in 2022, waning by -1.8% against the previous year. In general, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.9% against 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Coniferous Wood In The Rough in the U.S.

In value terms, coniferous wood in the rough production fell modestly to $X in 2022. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 70% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Coniferous Wood In The Rough

Exports from the U.S.

In 2016, shipments abroad of coniferous wood in the rough decreased by -38.3% to X cubic meters, falling for the second year in a row after three years of growth. Overall, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when exports increased by 34% against the previous year. The exports peaked at X cubic meters in 2014; however, from 2015 to 2016, the exports stood at a somewhat lower figure.

In value terms, coniferous wood in the rough exports contracted to $X in 2016. In general, exports saw a mild setback. The growth pace was the most rapid in 2013 when exports increased by 34%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

China (X cubic meters), Japan (X cubic meters) and Canada (X cubic meters) were the main destinations of coniferous wood in the rough exports from the United States, together accounting for 89% of total exports.

From 2012 to 2016, the biggest increases were recorded for Japan (with a CAGR of -10.1%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for coniferous wood in the rough exported from the United States were China ($X), Japan ($X) and Canada ($X), with a combined 90% share of total exports.

China, with a CAGR of +2.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for coniferous wood in the rough stood at $X per cubic meter in 2016, picking up by 61% against the previous year. Over the period under review, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2016, amid the top suppliers, the highest price was recorded for prices to China ($X per cubic meter) and Japan ($X per cubic meter), while the average price for exports to South Korea ($X per cubic meter) and Canada ($X per cubic meter) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coniferous Wood In The Rough

Imports into the U.S.

In 2016, coniferous wood in the rough imports into the United States soared to X cubic meters, growing by 29% against the previous year's figure. Overall, total imports indicated a prominent increase from 2012 to 2016: its volume increased at an average annual rate of +9.4% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports increased by +45.9% against 2013 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coniferous wood in the rough imports reduced to $X in 2016. In general, imports, however, continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2015 with an increase of 3.6% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2016, Canada (X cubic meters) was the main coniferous wood in the rough supplier to the United States, with a approx. 98% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of volume from Canada totaled +9.9%.

In value terms, Canada ($X) constituted the largest supplier of coniferous wood in the rough to the United States.

From 2012 to 2016, the average annual rate of growth in terms of value from Canada stood at -1.1%.

Import Prices by Country

In 2016, the average import price for coniferous wood in the rough amounted to $X per cubic meter, which is down by -28.5% against the previous year. Over the period under review, the import price saw a abrupt decline. The growth pace was the most rapid in 2013 a decrease of less than 0.1% against the previous year. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

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

From 2012 to 2016, the rate of growth in terms of prices for Canada amounted to -10.1% per year.

Source: IndexBox Platform

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