U.S.: Industrial Roundwood Market 2025

Industrial Roundwood Market Size in the U.S.

In 2022, after two years of growth, there was decline in the U.S. industrial roundwood market, when its value decreased by -0.1% to $X. The market value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 6.5%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Industrial Roundwood Production in the U.S.

In value terms, industrial roundwood production expanded slightly to $X in 2022. The total output value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Industrial Roundwood Exports

Exports from the U.S.

In 2022, the amount of industrial roundwood exported from the United States dropped to X cubic meters, which is down by -13.9% on the year before. Over the period under review, exports recorded a perceptible decline. The pace of growth appeared the most rapid in 2013 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, industrial roundwood exports fell to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X cubic meters), Canada (X cubic meters) and China (X cubic meters) were the main destinations of industrial roundwood exports from the United States, together accounting for 87% of total exports. India, South Korea and Vietnam lagged somewhat behind, together comprising a further 6.5%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +51.5%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for industrial roundwood exported from the United States were China ($X), Japan ($X) and Canada ($X), with a combined 83% share of total exports. Vietnam, India and South Korea lagged somewhat behind, together accounting for a further 9.6%.

In terms of the main countries of destination, India, with a CAGR of +42.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial roundwood export price stood at $X per cubic meter in 2022, growing by 12% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial roundwood export price increased by +62.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 24%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per cubic meter), while the average price for exports to Canada ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Roundwood Imports

Imports into the U.S.

For the fourth year in a row, the United States recorded decline in purchases abroad of industrial roundwood, which decreased by -22.4% to X cubic meters in 2022. Overall, imports saw a slight decline. The growth pace was the most rapid in 2018 when imports increased by 23,552%. As a result, imports reached the peak of X cubic meters. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial roundwood imports soared to $X in 2022. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 213%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Canada (X cubic meters) constituted the largest industrial roundwood supplier to the United States, with a 60% share of total imports. Moreover, industrial roundwood imports from Canada exceeded the figures recorded by the second-largest supplier, Sweden (X cubic meters), twofold. New Zealand (X cubic meters) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from Canada amounted to -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+73.1% per year) and New Zealand (+86.7% per year).

In value terms, Canada ($X), Sweden ($X) and China ($X) constituted the largest industrial roundwood suppliers to the United States, together accounting for 95% of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +119.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average industrial roundwood import price stood at $X per cubic meter in 2022, surging by 62% against the previous year. Overall, the import price posted buoyant growth. The growth pace was the most rapid in 2017 when the average import price increased by 4,850% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per cubic meter), while the price for New Zealand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+26.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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