The United States remains the dominant importer of wood shingles and shakes, with a substantial lead at 45.17 million kilograms, despite a 7.83% decline year-on-year. Italy and Maldives have shown resilience and growth with Italy exhibiting minimal increase (+0.25%) and Maldives showing a significant rise (+16.63%). Saudi Arabia and Israel have notable increases of 16.38% and 18.39% respectively, indicating a growing demand in these regions. Niche markets like Nicaraguan imports saw an extraordinary surge of 165.32% while Egypt, Bermuda, and Iceland also showcased remarkable jumps in their import volumes.
On the downside, significant reductions are observed in countries like France (-9.38%), Denmark (-13.4%), Japan (-10.35%), and the Czech Republic (-18.59%), potentially signaling shifting market dynamics or import policies. Smaller markets like Hungary and Oman witnessed dramatic declines with drops of 34.85% and 18.42% respectively.
Future trends to watch for include the continuing decline in major markets such as the USA, exploration of potential growth in burgeoning markets like Israel and Egypt, and monitoring of dramatic year-on-year increases which might stabilize or grow further. Attention should also be given to import policies and economic conditions influencing these trends over the forecast period.
Top countries in Import of Shingles and Shakes of Wood by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 45,170,000 | 2023 | -10.17% | -7.83% | View data |
| 2 | 2 Italy | 8,474,400 | 2023 | +4.89% | +0.25% | View data |
| 3 | 3 Austria | 1,837,000 | 2023 | -3.04% | -2.34% | View data |
| 4 | 4 United Kingdom | 1,667,400 | 2023 | -1.1% | -0.36% | View data |
| 5 | 5 Germany | 1,305,700 | 2023 | -2.36% | -1.36% | View data |
| 6 | 6 France | 1,113,700 | 2023 | -16.29% | -9.38% | View data |
| 7 | 7 Maldives | 1,014,400 | 2023 | +3.5% | +16.63% | View data |
| 8 | 8 Thailand | 768,310 | 2023 | +2.25% | +5.11% | View data |
| 9 | 9 Lebanon | 643,450 | 2023 | +4.75% | +7.07% | View data |
| 10 | 10 Palestine | 639,130 | 2023 | +5.09% | +1.61% | View data |