Northern America: Particle Board Market 2024

Particle Board Market Size in Northern America

In 2023, the North American particle board market decreased by X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Particle Board Production in Northern America

In value terms, particle board production reduced to $X in 2023 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Particle Board Exports

Exports in Northern America

In 2023, after three years of growth, there was significant decline in overseas shipments of particle board, when their volume decreased by X% to X cubic meters. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X cubic meters in 2022, and then dropped in the following year.

In value terms, particle board exports dropped rapidly to $X in 2023. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada dominates exports structure, finishing at X cubic meters, which was near X% of total exports in 2023. It was distantly followed by the United States (X cubic meters), achieving an X% share of total exports.

Exports from Canada increased at an average annual rate of X% from 2012 to 2023. At the same time, the United States (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest particle board supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports.

In Canada, particle board exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Northern America stood at $X per cubic meter in 2023, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate mild growth. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2022 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while Canada totaled $X per cubic meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Particle Board Imports

Imports in Northern America

In 2023, purchases abroad of particle board decreased by X% to X cubic meters, falling for the second year in a row after two years of growth. Total imports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, particle board imports declined markedly to $X in 2023. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The United States prevails in imports structure, reaching X cubic meters, which was near X% of total imports in 2023. It was distantly followed by Canada (X cubic meters), committing a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to particle board imports into the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2023. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported particle board in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with an X% share of total imports.

In the United States, particle board imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in Northern America stood at $X per cubic meter in 2023, falling by X% against the previous year. In general, the import price, however, saw a modest increase. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per cubic meter. From 2022 to 2023, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per cubic meter), while the United States amounted to $X per cubic meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform