Overview of the Market for Hardwood Veneer Аnd Plywood in the USA
In value terms, hardwood veneer аnd plywood production declined slightly to $ in 2019. The total output value increased at an average annual rate of +% from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of % year-to-year. Over the period under review, production reached the peak level at $ in 2018, and then declined in the following year.
The size of the hardwood veneer аnd plywood market in the U.S. declined to $ in 2019, shrinking 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). The market value increased at an average annual rate of +% over the period from 2013 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of % year-to-year. Hardwood veneer аnd plywood consumption peaked at $ in 2018, and then declined in the following year.