U.S. - Particle Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingParticle Board Price in the United States - 2023
Contents:
- Particle Board Price in the United States (CIF) - 2022
- Particle Board Price in the United States (FOB) - 2023
- Particle Board Imports in the United States
- Particle Board Exports in the United States
Particle Board Price in the United States (CIF) - 2022
In 2022, the average particle board import price amounted to $488 per cubic meter, rising by 21% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, particle board import price increased by +80.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. The import price peaked in 2022 and is likely to continue growth in years to come.
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 Canada ($511 per cubic meter), while the price for Italy ($141 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.9%), while the prices for the other major suppliers experienced a decline.
Particle Board Price in the United States (FOB) - 2023
In July 2023, the average particle board export price amounted to $426 per cubic meter, leveling off at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 3.3% month-to-month. Over the period under review, the average export prices reached the peak figure at $465 per cubic meter in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was Canada ($448 per cubic meter), while the average price for exports to Mexico amounted to $388 per cubic meter.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.2%).
Particle Board Imports in the United States
In 2022, supplies from abroad of particle board decreased by -32.3% to 7.4M cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, imports attained the peak of 11M cubic meters, and then shrank sharply in the following year.
In value terms, particle board imports shrank significantly to $3.6B in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 118% against the previous year. As a result, imports attained the peak of $4.4B, and then dropped rapidly in the following year.
| Import of Particle Board in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,345 | 1,912 | 4,026 | 3,290 | 34.7% |
| Latvia | 8.0 | 15.9 | 114 | 109 | 138.8% |
| Italy | 18.7 | 14.1 | 17.3 | 22.0 | 5.6% |
| Others | 79.0 | 76.6 | 248 | 182 | 32.1% |
| Total | 1,451 | 2,019 | 4,404 | 3,603 | 35.4% |
Top Suppliers of Particle Board to the United States in 2022:
- Canada (6.4M cubic meters)
- Latvia (0.3M cubic meters)
- Italy (0.2M cubic meters)
Particle Board Exports in the United States
For the fourth consecutive year, the United States recorded growth in overseas shipments of particle board, which increased by 22% to 642K cubic meters in 2022. The total export volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, particle board exports expanded markedly to $285M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Particle Board in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 108 | 135 | 189 | 201 | 23.0% |
| Mexico | 45.8 | 38.4 | 50.1 | 78.1 | 19.5% |
| Vietnam | 17.8 | 13.1 | 3.2 | 1.4 | -57.2% |
| Others | 11.1 | 6.9 | 13.2 | 4.6 | -25.4% |
| Total | 183 | 193 | 255 | 285 | 15.9% |
Top Export Markets for Particle Board from the United States in 2022:
- Canada (430.7K cubic meters)
- Mexico (197.3K cubic meters)
- Vietnam (2.2K cubic meters)
This report provides an in-depth analysis of the particle board 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 1697 - Particle board
- FCL 1606 - OSB
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 July 2022, the average particle board import price amounted to $407 per cubic meter, dropping by -18.8% against the previous month.
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Last year, the American particle board imports grew by +13.2% y-o-y to 6.1M cubic meters or $2.1B in value terms due to an intensive housing building. Canada remains the prime particle board supplier to the U.S., boosting its exports by +44% y-o-y to $1.9B. The volume of supplies from Brazil to the U.S. has risen even more sharply by +69%. Average prices for imported particle board also indicates tangible growth.
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Imports of Wooden Particle Board decreased marginally to $494K in July 2023.
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American OSB imports shot up due to the construction boom that has been seen in the country. The unprecedented demand for wood products leads to record hikes in prices that are relevant not only for OSB but the entire wood industry. Canada is the only major supplier of OSB to the U.S., holding approx. 30% share in the market. Canadian producers thus thrive from the American construction boom.
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In 2018, Canada (5.5M cubic meters) was the main supplier of oriented strandboard to the U.S., accounting for a approx. 100% share of total imports.
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In 2018, global particle board production amounted to 128M cubic meters in 2018, increasing by 1.5% against the previous year.
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In 2016, approx. X tons of particle board were imported worldwide- rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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In 2016, approx. X tons of particle board were imported worldwide- rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
