Particle Board Market in the United States
Market Overview
In 
, the U.S. particle board market decreased by -% to $ for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated a mild expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Over the period under review, the market attained the peak level at $ in , and then declined in the following year.
In value terms, particle board production amounted to $ in . In general, the total production indicated a perceptible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in ; afterwards, it flattened through to .
, the U.S. particle board market decreased by -% to $ for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated a mild expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Over the period under review, the market attained the peak level at $ in , and then declined in the following year.In value terms, particle board production amounted to $
in . In general, the total production indicated a perceptible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in ; afterwards, it flattened through to .Consumption
In , consumption of particle boards decreased by -% to cubic meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a relatively flat trend pattern. Particle board consumption peaked at cubic meters in , and then shrank in the following year.
The size of the particle board market in the United States dropped to $ in , declining 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, the total consumption indicated a modest expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Particle board consumption peaked at $ in , and then dropped in the following year.
, consumption of particle boards decreased by -% to cubic meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a relatively flat trend pattern. Particle board consumption peaked at cubic meters in , and then shrank in the following year.The size of the particle board market in the United States dropped to $
in , declining 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, the total consumption indicated a modest expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Particle board consumption peaked at $ in , and then dropped in the following year.Market Forecast
Driven by rising demand for particle board in the United States, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to cubic meters by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to cubic meters by the end of .In value terms, the market is forecast to increase 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
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
The United States remains a net importer of particle board; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of cubic meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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