U.S.: Market for Saw Logs And Veneer Logs (Non-Coniferous) 2024

Market Size for Saw Logs And Veneer Logs (Non-Coniferous) in the U.S.

The U.S. market for saw logs and veneer logs (non-coniferous) stood at $X in 2023, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Saw Logs And Veneer Logs (Non-Coniferous) in the U.S.

In value terms, production of saw logs and veneer logs (non-coniferous) totaled $X in 2023. In general, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Production of peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from the U.S.

In 2023, exports of saw logs and veneer logs (non-coniferous) from the United States declined dramatically to X cubic meters, which is down by X% compared with 2022. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X cubic meters in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (non-coniferous) dropped to $X in 2023. The total export value 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 pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2022, and then declined in the following year.

Exports by Country

China (X cubic meters), Canada (X cubic meters) and Vietnam (X cubic meters) were the main destinations of exports of saw logs and veneer logs (non-coniferous) from the United States, together accounting for X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, China ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from the United States, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

From 2012 to 2023, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2023, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per cubic meter), while the average price for exports to Canada ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into the U.S.

In 2023, after five years of growth, there was significant decline in purchases abroad of saw logs and veneer logs (non-coniferous), when their volume decreased by X% to X cubic meters. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X cubic meters in 2022, and then reduced rapidly in the following year.

In value terms, imports of saw logs and veneer logs (non-coniferous) shrank rapidly to $X in 2023. Overall, imports saw a pronounced setback. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Canada (X cubic meters) constituted the largest saw logs and veneer logs (non-coniferous) supplier to the United States, accounting for a X% share of total imports. Moreover, imports of saw logs and veneer logs (non-coniferous) from Canada exceeded the figures recorded by the second-largest supplier, Guyana (X cubic meters), sixfold. Nigeria (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guyana (X% per year) and Nigeria (X% per year).

In value terms, Canada ($X) constituted the largest supplier of saw logs and veneer logs (non-coniferous) to the United States, comprising X% of total imports. The second position in the ranking was held by Guyana ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guyana (X% per year) and France (X% per year).

Import Prices by Country

The average import price for saw logs and veneer logs (non-coniferous) stood at $X per cubic meter in 2023, reducing by X% against the previous year. Overall, the import price showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per cubic meter), while the price for Costa Rica ($X per cubic meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform