Forecast: Import of Lumber of Coniferous (Softwood) Wood to the US

In 2023, the import of coniferous (softwood) lumber to the US was at 13.145 billion kilograms. The forecast from 2024 to 2028 shows a steady increase, with projected imports reaching 14.166 billion kilograms by 2028. Year-on-year variations indicate an annual growth rate of approximately 1.5-1.6%. Over this five-year period, the compound annual growth rate (CAGR) is expected to be around 1.5%, indicating a moderate but consistent upward trend.

Future trends to watch for:

  • Potential policy changes affecting trade tariffs and agreements, especially with Canada, the primary supplier of softwood lumber to the US.
  • Technological advancements in timber processing that may affect demand and supply dynamics.
  • Environmental regulations and sustainability trends that may influence both supply chain practices and consumer preferences.

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