Chips And Particles Market - The U.S. Exports of Chips and Particles Surged 31% in 2014 Industrial Wood October 27, 2015
Author: Alexander Romanenko
Chief Executive Officer

chips and particles market

The U.S. dominates in the global trade of chips and particles. In 2014, the U.S. exported 7.8 million tonnes of chips and particles totaling 811 million USD, 31% over the previous year. Its primary trading partner was the United Kingdom, where it supplied 48% of its exports on the chips and particles market in value terms, accounting for 42% of the United Kingdom's total imports.

From 2007 to 2014, the U.S. was a net exporter of chips and particles. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was more pronounced, except for 2007, 2008, 2009 and 2011 when low import prices made it less notable.

Australia and Germany were among the other main global suppliers of chips and particles in 2014. However, the fastest growing exporters from 2007 to 2014 were Thailand (+39% per year) and Indonesia (+34% per year). Germany strengthened its position in the global export structure.

In 2014, the U.S. top 5 trading partners were the United Kingdom, Canada, Japan, Belgium and Turkey, with a combined 85% share of the U.S. exports of chips and particles. The share of the United Kingdom increased significantly (+48 percentage points), while the share of Canada illustrated negative dynamics (-36 percentage points).

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Source: World: Chips And Particles - Market Report. Analysis And Forecast To 2020