Overview of the Market for Sawmill, And Paper Machinery in the USA
In value terms, sawmill, and paper machinery production expanded 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 in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by % against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.
The value of the sawmill, and paper machinery market in the U.S. surged to $ in 2019, 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). Overall, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.