The market is dominated by domestic suppliers, as imports account for 13.3% of total market size in 2023. B2B drives market demand, with B2B spending representing 67.5% of total demand in 2023. The US has the largest market size for forestry across the top 20 developed countries, with demand reaching USD29.4 billion in 2023. Weyerhaeuser Co is the largest company in the US, generating 7.3% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 8.2% of total production value in 2023. The total number of companies decreases in 2023, to 28,317 units. The costs of the industry increase by 1% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 42.1% of production value in 2023, the ninth highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 10.5% of total production output. With production value of USD29.5 billion, the US accounts for 70.0% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Forestry in the US: ISIC 2. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Forestry in the US: ISIC 2 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Forestry, Wood and Paper is an aggregation of Forestry, Wood and Wood Products; Corrugated Paper, Paperboard and Containers; Disposable Paper Products; Pulp, Paper and Paperboard.
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