U.S. Hardwood Veneer And Plywood Market Report 2016

Research and Markets has announced the addition of the “U.S. Hardwood Veneer And Plywood Market – Analysis And Forecast to 2020” report to their offering.

The report provides an in-depth analysis of the U.S. hardwood veneer and plywood market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.

From 2007 to 2015, U.S. hardwood veneer and plywood market showed mixed dynamics. A significant drop in 2009 was followed by steady growth over the next six years. Finally, the market value reached 4,848 million USD in 2015. An increase in U.S. hardwood veneer and plywood market was supported by the growth of the housing and commercial building sectors and, as a result, the furniture sectors increased as well. That upward trend is likely to continue in the medium term.

Strong employment is the driver of market growth, which creates new income growth and advances consumer spending.

Affordable credit creates another impetus, which propels investments in construction and supports related industries. The performance of the market is forecast to continue with moderate growth, with an anticipated CAGR of +2.6% for the five-year period from 2015 to 2020.

From Yahoo.com: https://sports.yahoo.com/news/united-states-hardwood-veneer-plywood-111900041.html

Exports Of U.S. Hardwood Lumber And Veneer To MENA Region Reach Record

Total exports of U.S. hardwood lumber and veneer to the Middle East and North Africa (MENA) region reached a record USD 108.93 million for the year 2014, according to the American Hardwood Export Council (AHEC), the leading international trade association for the American hardwood industry. The statistics, which have been compiled from the latest data released by the United States Department of Agriculture (USDA), reveal an overall 20 percent increase over 2013 figures. The announcement was made on the sidelines of the Dubai WoodShow 2015 where AHEC is hosting the largest ever American Hardwood Pavilion, featuring twenty-one U.S. hardwood lumber and veneer exporters.

According to the data released, exports of American hardwood lumber reached a value of USD 79.07 million and a volume of 98,425 cubic meters during 2014. This equates to an increase in value of 23 percent over 2013 and an increase in volume of 8 percent. Direct exports of U.S. hardwood veneers to the MENA region reached a total value of USD 29.86 million last year, rising by 12 percent from 2013. However, it is important to note that American hardwood veneers are also shipped to the region from European countries and China, while veneers are also produced in the region – notably in Turkey – from imported American hardwood logs. U.S. hardwood log exports to the MENA region reached a total volume of 34,957 cubic meters and a value of USD 20.47 million in 2014.

Commenting on the record exports to the region, Roderick Wiles, AHEC Director for Africa, Middle East, South Asia and Oceania, said: “The most significant increases in shipments of U.S. hardwood lumber were seen in the United Arab Emirates (up by 48 percent to 15,723 cubic meters), Egypt (up by 22 percent to 11,614 cubic meters), Jordan (up by 18 percent to 5,949 cubic meters), Lebanon (up by 23 percent to 4,735 cubic meters), Qatar (up by 55 percent to 3,015 cubic meters) and Morocco (up by 31 per cent to 2,329 cubic meters). However, a marginal downturn in volume of only 2 percent was seen in shipments to Turkey, which reached 12,700 cubic meters and a slight downturn was seen in shipments to Saudi Arabia, which reached 10,513 cubic meters.”

From Zawya: https://www.zawya.com/story/Exports_of_US_hardwood_lumber_to_MENA_reaches_record_USD10893m_in_2014-ZAWYA20150415105310/