Prefabricated Wood Building Market in the United States
In value terms, prefabricated wood building production expanded rapidly to $ in . Overall, the total production indicated a remarkable increase from 2013 to : its value increased at an average annual rate of +% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by +% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of % against the previous year. Over the period under review, production reached the peak level in and is likely to see gradual growth in the near future.
The revenue of the prefabricated wood building market in the United States rose modestly to $ in , increasing 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 saw a remarkable increase. Prefabricated wood building consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.