U.S.: Market for Saw Logs And Veneer Logs (Coniferous) 2025

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

The U.S. market for saw logs and veneer logs (coniferous) shrank to $X in 2021, waning by -9.4% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.2% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in the U.S.

In value terms, production of saw logs and veneer logs (coniferous) dropped rapidly to $X in 2021. Overall, production saw a prominent increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 387%. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from the U.S.

In 2021, overseas shipments of saw logs and veneer logs (coniferous) decreased by -7.3% to X cubic meters, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 242% against the previous year. Over the period under review, the exports of reached the maximum at X cubic meters in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) surged to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 196%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from the United States, with a 49% share of total exports. Moreover, exports of saw logs and veneer logs (coniferous) to China exceeded the volume sent to the second major destination, Canada (X cubic meters), twofold. The third position in this ranking was taken by Japan (X cubic meters), with a 20% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-9.0% per year) and Japan (-15.4% per year).

In value terms, China ($X), Japan ($X) and Canada ($X) appeared to be the largest markets for saw logs and veneer logs (coniferous) exported from the United States worldwide, together comprising 89% of total exports. These countries were followed by South Korea and India, which together accounted for a further 6.2%.

India, with a CAGR of +4.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2021, growing by 42% against the previous year. In general, the export price saw a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 84%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per cubic meter), while the average price for exports to India ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into the U.S.

In 2021, purchases abroad of saw logs and veneer logs (coniferous) decreased by -17.4% to X cubic meters, falling for the second consecutive year after two years of growth. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 503% against the previous year. Over the period under review, imports of attained the maximum at X cubic meters in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, imports of saw logs and veneer logs (coniferous) surged to $X in 2021. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 502% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Canada (X cubic meters) and Sweden (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (coniferous) to the United States.

From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +108.2%).

In value terms, the largest saw logs and veneer logs (coniferous) suppliers to the United States were Canada ($X) and Sweden ($X).

In terms of the main suppliers, Sweden, with a CAGR of +130.2%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average import price for saw logs and veneer logs (coniferous) stood at $X per cubic meter in 2021, jumping by 43% against the previous year. Overall, the import price posted noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per cubic meter), while the price for Canada amounted to $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+10.6%).

Source: IndexBox Platform

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