Canada - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in Canada - 2023
Contents:
- Plywood Price in Canada (CIF) - 2023
- Plywood Price in Canada (FOB) - 2023
- Plywood Imports in Canada
- Plywood Exports in Canada
Plywood Price in Canada (CIF) - 2023
The average plywood import price stood at $591 per cubic meter in June 2023, reducing by -6.3% against the previous month. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 15% against the previous month. The import price peaked at $704 per cubic meter in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($971 per cubic meter), while the price for Belgium ($286 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plywood Price in Canada (FOB) - 2023
The average plywood export price stood at $751 per cubic meter in June 2023, with an increase of 3.5% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 5.7% m-o-m. The export price peaked at $762 per cubic meter in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In June 2023, the country with the highest price was the United States ($755 per cubic meter), while the average price for exports to the UK amounted to $563 per cubic meter.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%).
Plywood Imports in Canada
Plywood imports into Canada reduced sharply to 758K cubic meters in 2022, which is down by -34.3% against the previous year's figure. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of 1.2M cubic meters, and then reduced dramatically in the following year.
In value terms, plywood imports dropped remarkably to $501M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $619M, and then contracted sharply in the following year.
Import of Plywood in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 202 | 199 | 318 | 251 | 7.5% |
United States | 88.7 | 91.6 | 150 | 125 | 12.1% |
Russia | 35.3 | 28.6 | 55.7 | 26.0 | -9.7% |
Brazil | 5.4 | 4.6 | 17.1 | 13.9 | 37.0% |
Vietnam | 2.9 | 5.8 | 9.3 | 13.7 | 67.8% |
Spain | 6.5 | 5.9 | 12.6 | 13.2 | 26.6% |
Chile | 6.0 | 8.4 | 10.5 | 11.3 | 23.5% |
Others | 27.0 | 21.9 | 46.0 | 46.9 | 20.2% |
Total | 374 | 366 | 619 | 501 | 10.2% |
Top Suppliers of Plywood to Canada in 2022:
- China (392.9K cubic meters)
- United States (200.9K cubic meters)
- Russia (28.0K cubic meters)
- Brazil (21.9K cubic meters)
- Vietnam (17.7K cubic meters)
- Chile (16.2K cubic meters)
- Spain (16.0K cubic meters)
Plywood Exports in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of plywood, when their volume decreased by -34.9% to 560K cubic meters. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of 861K cubic meters, and then contracted significantly in the following year.
In value terms, plywood exports shrank notably to $404M in 2022. Over the period under review, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 41%. As a result, the exports attained the peak of $520M, and then contracted dramatically in the following year.
Export of Plywood in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 348 | 356 | 505 | 392 | 4.0% |
United Kingdom | 8.7 | 7.5 | 9.4 | 3.9 | -23.5% |
Others | 8.7 | 5.3 | 5.9 | 7.9 | -3.2% |
Total | 365 | 369 | 520 | 404 | 3.4% |
Top Export Markets for Plywood from Canada in 2022:
- United States (541.0K cubic meters)
- United Kingdom (7.0K cubic meters)
This report provides an in-depth analysis of the plywood market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1640 - Plywood
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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