U.S.: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in the U.S.

The U.S. market for saw logs and veneer logs expanded rapidly to $X in 2022, growing by X% against the previous year. In general, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Saw Logs And Veneer Logs in the U.S.

In value terms, saw logs and veneer logs production surged to $X in 2022. Overall, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs

Exports from the U.S.

In 2022, overseas shipments of saw logs and veneer logs decreased by X% to X cubic meters, falling for the third consecutive year after two years of growth. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% 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 remained at a lower figure.

In value terms, saw logs and veneer logs exports dropped to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

China (X cubic meters), Canada (X cubic meters) and Japan (X cubic meters) were the main destinations of saw logs and veneer logs exports from the United States, with a combined X% share of total exports. India, Vietnam and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

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

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

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs amounted to $X per cubic meter, rising by X% against the previous year. Over the period under review, the export price saw a prominent increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to India ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports into the U.S.

In 2022, purchases abroad of saw logs and veneer logs was finally on the rise to reach X cubic meters after two years of decline. Over the period under review, imports posted a measured increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X cubic meters in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, saw logs and veneer logs imports surged to $X in 2022. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

Sweden (X cubic meters), Canada (X cubic meters) and New Zealand (X cubic meters) were the main suppliers of saw logs and veneer logs imports to the United States, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Sweden ($X) and China ($X) constituted the largest saw logs and veneer logs suppliers to the United States, together comprising X% of total imports.

Among the main suppliers, Sweden, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for saw logs and veneer logs stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period under review, the import price enjoyed a notable expansion. The growth pace was the most rapid in 2017 an increase of X%. As a result, import price attained the peak level of $X per cubic meter. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per cubic meter), while the price for New Zealand ($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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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