U.S.: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in the U.S.

The U.S. wood slicing machine market skyrocketed to $X in 2021, surging by 27% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Wood Slicing Machine Production in the U.S.

In value terms, wood slicing machine production surged to $X in 2021. Overall, production, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2018 with an increase of 57%. Wood slicing machine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wood Slicing Machine Exports

Exports from the U.S.

In 2021, shipments abroad of splitting, slicing or paring machines decreased by -34.3% to X units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 11%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood slicing machine exports soared to $X in 2021. In general, exports continue to indicate a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for wood slicing machine exports from the United States, with a 67% share of total exports. Moreover, wood slicing machine exports to Canada exceeded the volume sent to the second major destination, Australia (X units), more than tenfold. The third position in this ranking was held by the UK (X units), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled -8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-26.0% per year) and the UK (-3.8% per year).

In value terms, Canada ($X) remains the key foreign market for splitting, slicing or paring machines exports from the United States, comprising 51% of total exports. The second position in the ranking was taken by Australia ($X), with a 12% share of total exports. It was followed by Belgium, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Canada amounted to -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-22.7% per year) and Belgium (-4.8% per year).

Export Prices by Country

The average wood slicing machine export price stood at $X per unit in 2021, picking up by 77% against the previous year. In general, the export price, however, continues to indicate a perceptible slump. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into the U.S.

In 2021, imports of splitting, slicing or paring machines into the United States soared to X units, picking up by 24% compared with 2020. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 35% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, wood slicing machine imports skyrocketed to $X in 2021. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 39% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest wood slicing machine supplier to the United States, with a 78% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Canada (X units), fivefold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 0.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+13.2% per year) and Taiwan (Chinese) (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of splitting, slicing or paring machines to the United States, comprising 74% of total imports. The second position in the ranking was held by Canada ($X), with a 21% share of total imports. It was followed by Germany, with a 1.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+19.7% per year) and Germany (-18.9% per year).

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, growing by 8.2% against the previous year. Overall, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 17%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, 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 Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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