U.S. Hardwood Veneer And Plywood Market Report 2016

by | Sep 14, 2016 | News

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

Structural Panel Numbers Go Up

by | Aug 5, 2016 | News

From: Panel World Staff

While housing starts in the U.S. ran at a seasonally adjusted annual rate of 1.17 million units in the second quarter, and Canadian housing starts ran at 198,000 units, North American structural panel production and apparent consumption rose 6% and 6.6%, respectively, in the second quarter compared to the first quarter. Relative to the second quarter of 2015, North American structural panel production was up 6.5%, and consumption increased 8.1%, according to data reported by APA—The Engineered Wood Assn.

Compared to the first quarter of 2016, North American glulam production rose 4.7% in the second quarter. I-joist production increased 4.1% and LVL output rose 3.9%. On a year ago quarter basis, glulam production was up 6.7%, while I-joist and LVL production increased 4.5% and 9.4%, respectively.

OSB production in North America increased 6.5% in the second quarter versus the first quarter, and was up 7.8% from the second quarter of 2015. First half production totaled 10.775 billion SF, up 7.5% from the first half of 2015.

North American plywood production was up 4.9% in the second quarter versus the first quarter, and was up 3.9% from the
second quarter of 2015. Plywood production in the first half of 2016 was 1.2% greater than the first half of 2015. Led by a 7.4% increase in the South, U.S. plywood production jumped 5% in the second quarter versus the first quarter, and was up 4.6% from the second quarter of 2015. Canadian production increased 4.9% in the second quarter, and was up 0.6% from the second quarter of 2015.

Read more on this in the July 2016 issue of Panel World…