U.S.: Prefabricated Wood Building Market 2025

Prefabricated Wood Building Market Size in the U.S.

The U.S. prefabricated wood building market expanded sharply to $X in 2021, surging by 6.8% against the previous year. Over the period under review, consumption posted a buoyant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Prefabricated Wood Building Production in the U.S.

In value terms, prefabricated wood building production expanded significantly to $X in 2021. In general, the total production indicated a resilient expansion from 2013 to 2021: its value increased at an average annual rate of +8.2% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by +1.0% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 33%. Prefabricated wood building production peaked in 2021 and is expected to retain growth in the near future.

Prefabricated Wood Building Exports

Exports from the U.S.

In 2021, overseas shipments of prefabricated wood buildings increased by 20% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a dramatic curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 278% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, prefabricated wood building exports surged to $X in 2021. In general, exports, however, faced a deep contraction. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), Bahamas (X tons) and Dominica (X tons) were the main destinations of prefabricated wood building exports from the United States, with a combined 74% share of total exports.

From 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Dominica (with a CAGR of +129.5%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for prefabricated wood buildings exports from the United States, comprising 57% of total exports. The second position in the ranking was taken by Mexico ($X), with a 21% share of total exports. It was followed by Bahamas, with a 5.4% share.

From 2013 to 2021, the average annual growth rate of value to Canada stood at -22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-7.1% per year) and Bahamas (+21.6% per year).

Export Prices by Country

In 2021, the average prefabricated wood building export price amounted to $X per ton, jumping by 29% against the previous year. In general, the export price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 852% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.

Prefabricated Wood Building Imports

Imports into the U.S.

In 2021, overseas purchases of prefabricated wood buildings decreased by -9.7% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 407% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, prefabricated wood building imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 39%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Canada (X tons) constituted the largest prefabricated wood building supplier to the United States, with a 62% share of total imports. Moreover, prefabricated wood building imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a 7.4% share.

From 2013 to 2021, the average annual rate of growth in terms of volume from Canada totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.8% per year) and Austria (+99.0% per year).

In value terms, Canada ($X) constituted the largest supplier of prefabricated wood buildings to the United States, comprising 59% of total imports. The second position in the ranking was taken by Mexico ($X), with a 13% share of total imports. It was followed by China, with a 9.9% share.

From 2013 to 2021, the average annual growth rate of value from Canada amounted to +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+7.1% per year) and China (+3.1% per year).

Import Prices by Country

In 2021, the average prefabricated wood building import price amounted to $X per ton, picking up by 37% against the previous year. In general, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 796% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+49.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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