U.S.: Sawmill Product Market 2024

Sawmill Product Market Size in the U.S.

In 2022, after two years of growth, there was decline in the U.S. sawmill product market, when its value decreased by X% to $X. Over the period under review, the total consumption indicated a pronounced expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Over the period under review, the market reached the peak level at $X in 2021, and then contracted in the following year.

Sawmill Product Production in the U.S.

In value terms, sawmill product production contracted to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Sawmill product production peaked at $X in 2021, and then reduced in the following year.

Sawmill Product Exports

Exports from the U.S.

For the third consecutive year, the United States recorded growth in overseas shipments of sawmill products, which increased by X% to X tons in 2022. Overall, total exports indicated a buoyant expansion from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, sawmill product exports expanded to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons), Canada (X tons) and China (X tons) were the main destinations of sawmill product exports from the United States, together comprising X% of total exports. Mexico, Turkey and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sawmill product exported from the United States were China ($X), Canada ($X) and Mexico ($X), together comprising X% of total exports.

In terms of the main countries of destination, Mexico, with a CAGR of X%, recorded 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 sawmill product export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sawmill Product Imports

Imports into the U.S.

In 2022, purchases abroad of sawmill products increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, sawmill product imports contracted to $X in 2022. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Germany (X tons), Canada (X tons) and Sweden (X tons) were the main suppliers of sawmill product imports to the United States, together comprising X% of total imports. Brazil, Romania, Austria, Chile, New Zealand, Latvia, Uruguay, France and Honduras lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of X.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of sawmill products to the United States, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2013 to 2022, the average annual growth rate of value from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Sweden (X% per year).

Import Prices by Country

In 2022, the average sawmill product import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price recorded a significant decrease. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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