The global export market for shingles and shakes of wood in 2023 showed Canada as the dominant exporter valued at 158.9 million USD, despite a slight decline of -2.31%. The United States saw a modest growth of 3.01% making it the next key player. Emerging markets like Romania boasted a significant increase with a 412.49% growth, albeit from a small base. European countries such as France and Belgium displayed positive trends, whereas other regions like Denmark and Sweden experienced setbacks. Furthermore, countries like Thailand and the Netherlands showed impressive growth, indicating rising competitiveness in these regions.
Future trends to monitor include the potential for increasing competition from Asian markets, evidenced by China's steady growth and significant increases in countries like Thailand. Environmental considerations and the sustainability of resources may also play a substantial role in shaping future export dynamics. It will be crucial for established exporters to leverage innovation and eco-friendly practices to maintain their market positions.
Top countries in Export of Shingles and Shakes of Wood by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Canada | 158,900,000 | 2023 | -2.35% | -2.31% | View data |
2 | 2 United States | 18,199,000 | 2023 | +0.33% | +3.01% | View data |
3 | 3 China | 8,746,500 | 2023 | -0.63% | +1.59% | View data |
4 | 4 Guyana | 3,734,100 | 2023 | +3.56% | +3.44% | View data |
5 | 5 Czech Republic | 2,561,100 | 2023 | +3.88% | +3.23% | View data |
6 | 6 Russia | 2,462,400 | 2023 | +3.11% | +3.11% | View data |
7 | 7 Austria | 2,106,200 | 2023 | +2.08% | +2.11% | View data |
8 | 8 Italy | 2,093,200 | 2023 | -1.69% | +1.63% | View data |
9 | 9 Poland | 1,231,600 | 2023 | +1.3% | -0.88% | View data |
10 | 10 France | 1,126,200 | 2023 | +4.18% | +6.32% | View data |