U.S.: Market for Sawmill, Woodworking, And Paper Machinery 2024

Market Size for Sawmill, Woodworking, And Paper Machinery in the U.S.

After four years of growth, the U.S. sawmill, and paper machinery market decreased by X% to $X in 2022. In general, consumption, however, posted a significant increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped rapidly in the following year.

Exports of Sawmill, Woodworking, And Paper Machinery

Exports from the U.S.

In 2022, approx. X tons of sawmill, woodworking, and paper machinery were exported from the United States; growing by X% on 2021 figures. Over the period under review, exports saw a notable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sawmill, and paper machinery exports rose remarkably to $X in 2022. In general, exports continue to indicate a modest increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of sawmill, and paper machinery exports from the United States, with a combined X% share of total exports. Colombia, Guatemala, Germany, Sweden, the UK, Japan, Brazil, Poland, the Philippines and Australia lagged somewhat behind, together comprising a further X%.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sawmill, and paper machinery exported from the United States were Canada ($X), Mexico ($X) and Germany ($X), together comprising X% of total exports. China, Japan, the UK, Brazil, Guatemala, Australia, Colombia, Poland, Sweden and the Philippines lagged somewhat behind, together comprising a further X%.

Guatemala, with a CAGR of X%, saw the highest growth rate of 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 sawmill, and paper machinery export price amounted to $X per ton, dropping by X% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

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 Canada ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2020 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.

Imports of Sawmill, Woodworking, And Paper Machinery

Imports into the U.S.

After four years of growth, overseas purchases of sawmill, woodworking, and paper machinery decreased by X% to X tons in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, sawmill, and paper machinery imports contracted to $X in 2022. In general, total imports indicated a prominent expansion from 2013 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest sawmill, and paper machinery supplier to the United States, with a X% share of total imports. Moreover, sawmill, and paper machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), twofold. The third position in this ranking was held by Canada (X tons), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Canada (X% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and Germany ($X) were the largest sawmill, and paper machinery suppliers to the United States, with a combined X% share of total imports. Canada, Italy, Malaysia, Sweden and Vietnam lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, saw the highest growth rate of 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 sawmill, and paper machinery import price stood at $X per kg in 2022, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per kg. From 2015 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 Italy ($X per kg), while the price for China ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :