Market research

Particle board of wood market in Northern America

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Northern America" region includes following countries:

Bermuda

Canada

Greenland

Saint Pierre and Miquelon

the United States

Earlier Report Observations

After reaching 5.1 million m³ in 2018, supported by strong construction activity and a rise in eco-conscious demand, the particle board market in Northern America contracted to 4.3 million m³ in 2019. The COVID-19 pandemic then shifted dynamics, as increased time at home spurred do-it-yourself projects and furniture demand, lifting market volume to 4.6 million m³ in 2020. This rebound accelerated in 2021, with the market expanding to 5.9 million m³, driven by a resurgence in residential and commercial construction alongside the introduction of improved products like pre-laminated and moisture-resistant boards.

The market softened in 2022, declining to 5.6 million m³ as higher mortgage rates in the U.S. dampened housing demand and construction activity. Environmental regulations continued to shape production standards, favoring sustainable materials. By 2023, the market volume eased further to 5.3 million m³.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Northern America
  1. 5.1.1. Annual dynamics of production in Northern America in kind, 2018-2023, K m³
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production particle board of wood in Northern America

In kind, 2017-2020, K m³

Top producers of particle board of wood, 2017-2020

Source: SHEV.io

World map of production of particle board of wood, 2017-2020

Source: SHEV.io

Particle board production in Northern America declined for the second year in a row. In 2020, output reached 5 269 K m³, marking a 6.9% decrease from 2019. Over the 2017-2020 period, production fell by 10.3%, with an average annual decline of 3.6%. The highest production level was recorded in 2018 at 5 968 K m³, which also saw the largest annual increase of 1.6%.

Annual dynamics of production in Northern America in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.6%	(5.2%)	(6.9%)	(3.6%)

Source: SHEV.io

In value, 2017-2020, M $ US

The value of particle board production in Northern America also declined for the second consecutive year. In 2020, production was valued at 987 M $ US, showing a modest 1.1% decrease year-over-year. From 2017 to 2020, the value dropped by 13.3%, with an average annual decline of 4.7%. The peak value occurred in 2018 at 1 229 M $ US, which saw the largest increase of 7.9%, while 2019 experienced the steepest decline of 18.8%.

Annual dynamics of production in Northern America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.9%	(18.8%)	(1.1%)	(4.7%)

Source: SHEV.io

Exports particle board of wood from Northern America

Exports in kind, K m³

In 2020, particle board exports from Northern America totaled 1 137.8 K m³, representing a 22.5% decrease from the previous year. Between 2017 and 2020, exports fell by 17%, equivalent to an average annual decline of 6.0%. The highest export volume was recorded in 2019 at 1 467.5 K m³, which also saw the largest annual increase of 19.4%.

Annual dynamics of product's exports from Northern America in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.4%)	19.4%	(22.5%)	(6.0%)

Source: SHEV.io

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Northern America in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

In 2020, the value of particle board exports from Northern America amounted to 213.2 M $ US, a 17.6% decrease compared to 2019. Over the 2017-2020 period, export value declined by 19.8%, with an average annual decrease of 7.1%. The largest increase occurred in 2019, with a 2.2% rise.

Annual dynamics of product's exports from Northern America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.8%)	2.2%	(17.6%)	(7.1%)

Source: SHEV.io

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Northern America in value, 2017-2020

Source: SHEV.io

Imports particle board of wood to Northern America

Imports in kind, K m³

Import volumes showed significant volatility throughout the period. In 2017, imports hit their lowest point, while 2020 saw the peak, with a 7.1-fold difference between these years. In 2020, particle board imports into Northern America reached 463.5 K m³, a sharp increase of 529.4% compared to 2019. The largest decline was recorded in 2019, with a 77.6% drop.

Annual dynamics of product's imports to Northern America in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	403.0%	(77.6%)	529.4%	92.0%

Source: SHEV.io

From 2017 to 2020, the import structure for particle board in Northern America was diversified rather than concentrated. Italy accounted for 4.7% of imports in kind, China for 3.0%, and Austria for 2.6%, together representing 10.3% of total flows. The remaining 89.7% was distributed among many other countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Northern America in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Foreign particle board supplies to Northern America increased for the third consecutive year. In 2020, imports were valued at 91.9 M $ US, up 18.3% from the previous year. Over the 2017-2020 period, import value grew by 58.1%, with an average annual increase of 16.5%.

Annual dynamics of product's imports to Northern America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.6%	16.6%	18.3%	16.5%

Source: SHEV.io

From 2017 to 2020, particle board imports into Northern America came from a wide range of markets. Romania and Italy each accounted for 4.6% of imports in value terms, while Austria represented 3.2%, together totaling 12.5% of the import value. The remaining 87.5% was sourced from numerous smaller destinations.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Northern America in value, 2017-2020

Source: SHEV.io