U.S. - Industrial Roundwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Roundwood (Coniferous) Price in the United States - 2023
Contents:
- Industrial Roundwood (Coniferous) Price in the United States (FOB) - 2022
- Industrial Roundwood (Coniferous) Price in the United States (CIF) - 2023
- Industrial Roundwood (Coniferous) Exports in the United States
- Industrial Roundwood (Coniferous) Imports in the United States
Industrial Roundwood (Coniferous) Price in the United States (FOB) - 2022
In 2022, the average industrial roundwood (coniferous) export price amounted to $121 per cubic meter, picking up by 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2021 an increase of 24%. Over the period under review, the average export prices reached the maximum at $130 per cubic meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($278 per cubic meter), while the average price for exports to Canada ($76 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Roundwood (Coniferous) Price in the United States (CIF) - 2023
The average industrial roundwood (coniferous) import price stood at $218 per cubic meter in June 2023, approximately equating the previous month. Overall, import price indicated a moderate expansion from July 2022 to June 2023: its price increased at an average monthly rate of +4.5% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, industrial roundwood (coniferous) import price increased by +95.0% against February 2023 indices. The growth pace was the most rapid in August 2022 an increase of 62% m-o-m. Over the period under review, average import prices hit record highs at $238 per cubic meter in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Sweden ($218 per cubic meter), while the price for Canada amounted to $208 per cubic meter.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (+4.7%).
Industrial Roundwood (Coniferous) Exports in the United States
Industrial roundwood (coniferous) exports from the United States reduced dramatically to 9.8M cubic meters in 2022, falling by -16.2% compared with 2021 figures. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 8.6%. The exports peaked at 13M cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, industrial roundwood (coniferous) exports dropped to $1.2B in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports attained the peak of $1.3B, and then contracted in the following year.
Export of Industrial Roundwood (Coniferous) in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 379 | 391 | 481 | 574 | 14.8% |
China | 437 | 357 | 551 | 277 | -14.1% |
Canada | 181 | 164 | 173 | 190 | 1.6% |
India | 16.7 | 9.1 | 24.5 | 62.3 | 55.1% |
South Korea | 49.8 | 44.4 | 64.0 | 49.7 | -0.1% |
Others | 23.8 | 18.4 | 30.0 | 38.2 | 17.1% |
Total | 1,087 | 984 | 1,324 | 1,190 | 3.1% |
Top Export Markets for Industrial Roundwood (Coniferous) from the United States in 2022:
- Japan (4.6M cubic meters)
- Canada (2.5M cubic meters)
- China (1.6M cubic meters)
- India (0.4M cubic meters)
- South Korea (0.2M cubic meters)
Industrial Roundwood (Coniferous) Imports in the United States
For the third year in a row, the United States recorded decline in purchases abroad of industrial roundwood (coniferous), which decreased by -25.9% to 649K cubic meters in 2022. Over the period under review, imports recorded a abrupt decline. The smallest decline of -5.9% was in 2020. Over the period under review, imports reached the peak figure at 1.2M cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, industrial roundwood (coniferous) imports soared to $128M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Industrial Roundwood (Coniferous) in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 19.6 | 30.9 | 39.3 | 64.1 | 48.4% |
Canada | 47.9 | 49.4 | 54.4 | 61.1 | 8.5% |
New Zealand | N/A | 0.6 | 0.6 | 1.7 | 68.3% |
China | 0.2 | 0.3 | 0.1 | 0.7 | 51.8% |
Others | 1.0 | 0.3 | 1.9 | 0.4 | -26.3% |
Total | 68.8 | 81.5 | 96.4 | 128 | 23.0% |
Top Suppliers of Industrial Roundwood (Coniferous) to the United States in 2022:
- Canada (408.1K cubic meters)
- Sweden (183.2K cubic meters)
- New Zealand (36.1K cubic meters)
- China (15.8K cubic meters)
This report provides an in-depth analysis of the industrial roundwood (coniferous) market 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:
- FCL 1866 -
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
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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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