U.S. Softwood Veneer and Plywood Market. Analysis And Forecast to 2030
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View PricingPrice for Softwood Veneer and Plywood in the United States - 2023
Contents:
- Price for Softwood Veneer and Plywood in the United States (CIF) - 2022
- Price for Softwood Veneer and Plywood in the United States (FOB) - 2022
- Imports of Softwood Veneer and Plywood in the United States
- Exports of Softwood Veneer and Plywood in the United States
Price for Softwood Veneer and Plywood in the United States (CIF) - 2022
In 2022, the average softwood veneer and plywood import price amounted to $4.2 per cubic meter, declining by -8.7% against the previous year. Over the period under review, the import price saw a significant decrease. The most prominent rate of growth was recorded in 2018 an increase of 9%. The import price peaked at $462 per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($1.6 per cubic meter), while the price for New Zealand totaled $0.9 per cubic meter.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-46.3%).
Price for Softwood Veneer and Plywood in the United States (FOB) - 2022
In 2022, the average softwood veneer and plywood export price amounted to $9.7 per cubic meter, falling by -7.3% against the previous year. Over the period under review, the export price saw a sharp slump. The pace of growth appeared the most rapid in 2021 an increase of 9.3%. The export price peaked at $476 per cubic meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($9.7 per cubic meter), while the average price for exports to Germany ($1.3 per cubic meter) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-34.3%), while the prices for the other major destinations experienced a decline.
Imports of Softwood Veneer and Plywood in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of softwood veneer and plywood, which increased by 3.9% to 374M cubic meters in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 8,751%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, softwood veneer and plywood imports contracted to $1.6B in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $1.6B, and then fell in the following year.
| Import of Softwood Veneer and Plywood in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 329 | 344 | 587 | 589 | 21.4% |
| Brazil | 194 | 262 | 524 | 359 | 22.8% |
| New Zealand | 5.4 | 5.3 | 6.9 | 8.3 | 15.4% |
| Others | 362 | 377 | 530 | 608 | 18.9% |
| Total | 890 | 990 | 1,648 | 1,564 | 20.7% |
Top Suppliers of Softwood Veneer and Plywood to the United States in 2022:
- Canada (361.9M cubic meters)
- New Zealand (8.9M cubic meters)
- Brazil (0.9M cubic meters)
Exports of Softwood Veneer and Plywood in the United States
In 2022, exports of softwood veneer and plywood from the United States rose slightly to 31M cubic meters, picking up by 3.1% against the year before. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 3,255%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, softwood veneer and plywood exports shrank modestly to $301M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 69% against the previous year. As a result, the exports attained the peak of $315M, and then dropped slightly in the following year.
| Export of Softwood Veneer and Plywood in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 79.2 | 88.3 | 149 | 136 | 19.7% |
| Mexico | 35.4 | 38.7 | 75.1 | 83.1 | 32.9% |
| Germany | 1.5 | 0.6 | 0.8 | 1.3 | -4.7% |
| Spain | 1.8 | 1.1 | 1.1 | 0.8 | -23.7% |
| Italy | 2.7 | 0.5 | 1.1 | 0.7 | -36.2% |
| Others | 97.2 | 56.9 | 88.4 | 78.8 | -6.8% |
| Total | 218 | 186 | 315 | 301 | 11.4% |
Top Export Markets for Softwood Veneer and Plywood from the United States in 2022:
- Canada (14.1M cubic meters)
- Mexico (12.1M cubic meters)
- Germany (1.0M cubic meters)
- Italy (0.5M cubic meters)
- Spain (0.5M cubic meters)
This report provides an in-depth analysis of the market for softwood veneer and plywood in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 321212 - Softwood veneer and plywood manufacturing
Companies mentioned:
- Roseburg Forest Products
- Timber Products Co. Limited Partnership
- Rosboro
- South Coast Lumber
- Hood Industries
- Idaho Veneer Company
- Autumn House
- Hardel Mutual Plywood Corporation
- Scotch Plywood Company
- Eagle Veneer
- American Pacific
- JDC Veneers
- Coastal Forest Resources Company
- Sylvan Forest Products
- Norbord South Carolina
- Linnton Plywood Association
- Forest Hunt Products
- Freres Lumber Co.
- Giles & Kendall
- Planet China
- Emerald Forest Products
- Baltek
- Hoquiam Plywood Products, Inc.
- Scotch Plywood Company of Mississippi
- Ppllc Corp
- US Test Company 204
- Veneer Products Acquisitions
- Excaliber Inc
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, softwood veneer and plywood imports rose notably to $90M in March 2023
828
China (130K tons) was the main destination for softwood veneer and plywood exports from the U.S., accounting for a 81% share of total exports.
1356
The U.S. dominates in global imports of softwood veneer and plywood, accounting for a X% share (based on USD). It was followed by Japan (X%), Germany, and Saudi Arabia (X% each). In 2015, U.S. softwood veneer and plywood i
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