Market for Saw Logs And Veneer Logs (Non-Coniferous) in the United States
Market Overview
The U.S. market for saw logs and veneer logs (non-coniferous) rose slightly to $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a noticeable downturn. Consumption of peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
In value terms, production of saw logs and veneer logs (non-coniferous) stood at $ in . Overall, production showed a drastic downturn. The pace of growth was the most pronounced in when the production volume increased by %. Production of peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a noticeable downturn. Consumption of peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.In value terms, production of saw logs and veneer logs (non-coniferous) stood at $
in . Overall, production showed a drastic downturn. The pace of growth was the most pronounced in when the production volume increased by %. Production of peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.Consumption
In , consumption of saw logs and veneer logs (non-coniferous) in the United States contracted modestly to cubic meters, approximately reflecting the previous year's figure. Over the period under review, consumption continues to indicate a noticeable descent. Over the period under review, consumption of attained the maximum volume at cubic meters in 2007; however, from 2008 to , consumption failed to regain momentum.
The value of the market for saw logs and veneer logs (non-coniferous) in the United States stood at $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a pronounced shrinkage. Over the period under review, the market attained the peak level at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
, consumption of saw logs and veneer logs (non-coniferous) in the United States contracted modestly to cubic meters, approximately reflecting the previous year's figure. Over the period under review, consumption continues to indicate a noticeable descent. Over the period under review, consumption of attained the maximum volume at cubic meters in 2007; however, from 2008 to , consumption failed to regain momentum.The value of the market for saw logs and veneer logs (non-coniferous) in the United States stood at $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a pronounced shrinkage. Over the period under review, the market attained the peak level at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for saw logs and veneer logs (non-coniferous) in the United States, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to cubic meters by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to cubic meters by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of saw logs and veneer logs (non-coniferous) in the United States were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for saw logs and veneer logs (non-coniferous).
Trade Balance
The United States remains a net exporter of saw logs and veneer logs (non-coniferous); in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of cubic meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of cubic meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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