Reconstituted Wood Product Market Overview in the USA
In value terms, reconstituted wood product production expanded modestly to $ in . The total output value increased at an average annual rate of +% from 2013 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of % y-o-y. Over the period under review, production attained the maximum level at $ in 2018; afterwards, it flattened through to .
The value of the reconstituted wood product market in the U.S. amounted 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). The market value increased at an average annual rate of +% over the period from 2013 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the market value increased by % against the previous year. Over the period under review, the market attained the peak level at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.