Plywood Market Overview in the USA
In value terms, plywood production totaled $ in 2019. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of % y-o-y. Over the period under review, production reached the maximum level in 2019 and is likely to continue growth in the immediate term.
The size of the plywood market in the U.S. expanded notably to $ in 2019, with an increase of % 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). Overall, consumption recorded a modest increase. The growth pace was the most rapid in 2017 when the market value increased by % y-o-y. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in years to come.