IndexBox has just released a new report “U.S. Hardwood Veneer And Plywood Market – Analysis And Forecast to 2025“.
According to the report, the value of hardwood veneer and plywood production in the U.S. amounted to $2.9B in 2016, waning by -4.0% from the previous year. Overall, the U.S. hardwood veneer and plywood output pursued a mild decline from 2007 to 2016. The total output figures decreased at an average annual rate of -0.1%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most pronounced growth was recorded in 2015, when the value of production increased by +9% from the previous year. In that year, the value of shipments of hardwood veneer and plywood production peaked at $3.0B, leveling off in the following year.
Hardwood plywood type products accounted for the highest share (37% in 2016) of U.S. hardwood veneer and plywood manufacturing, leaving a considerable room for hardwood veneer, including veneer backed with paper, cloth, or other flexible material (27%). The other related products with less notable individual shares together comprised approx. 36% of the total output. From 2008 to 2016, the value of shipments of hardwood plywood type products grew at an average annual rate of +9.2%. By contrast, the output of hardwood veneer, including veneer backed with paper, cloth, or other flexible material descended by an average -3.1% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. hardwood veneer and plywood industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the hardwood veneer and plywood industry. The report provides a forecast of the expected changes in the hardwood veneer and plywood market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the hardwood veneer and plywood trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Hardwood veneer, including veneer backed with paper, cloth, or other flexible material; Hardwood plywood, excluding prefinished hardwood plywood made from purchased hardwood plywood; Prefinished hardwood plywood made from purchased hardwood plywood; Hardwood plywood type products; Hardwood veneer and plywood manufacturing, nsk, total.
Companies mentioned:
Columbia Forest Products, Smith Family Companies, Veneer Technologies, States Industries, Decorative Panels International, Mt. Baker Products, Rutland Plywood Corp., The Freeman Corporation, Marion Plywood Corporation, David R. Webb Company, Nmsa, International Timber and Veneer, Miller Veneers, Amos-Hill Associates, Swaner Hardwood Co., Manthei, Murphy Company, Ferche Millwork, Standard Plywoods Incorporated, Swanson Group Mfg., Coldwater Veneer, Birchwood Lumber & Veneer Co., Plycraft Industries, Bessemer Plywood Corp., Davis Wood Products, Timber Products Michigan Limited Partnership, Danzer Services, Northern Michigan Veneers, Columbia Plywood Corporation, Plum Creek Northwest Plywood, Coastal Plywood Company, Ivc USA Inc.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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