International Wood Markets Group has released the sixth edition of its US Moulding Market Outlook: 2011-2015.
North American and offshore moulding producers endured three consecutive years of massive reductions in moulding demand that has left only the most efficient producers able to benefit from improving builder demand and repair.
A highlight from the report says that imports continue to provide the majority of raw material (shop & better lumber, blocks, and blanks) as well as finished mouldings (solid lineal, finger-joint, and MDF), accounting for 54% of US supply in 2010 and increasing to 57% over the next two years.
The report also claims that MDF mouldings continue to expand its market share at the expense of finger-joint and solid lineal.
Over the next two years, MDF is forecast to increase in volume almost 30% while finger-joint’s gains should be up 20% and gains in solid lineal will be just over 10%.
