In 2023, Canada's import of coniferous industrial roundwood stood at approximately 2.0 million cubic meters. Forecasted import volumes show a consistent decline from 2024, beginning at 1.5932 million cubic meters, down to 0.12322 million cubic meters by 2028. This represents a year-on-year decrease of approximately 23.4% from 2024 to 2025, 30.3% from 2025 to 2026, and a sharp decline in subsequent years. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a significant reduction in import volume by approximately 37% annually.

Future trends to watch for:

Consolidation in the domestic industry as imports decrease significantly.
Potential increase in domestic production or alternative sourcing strategies to compensate for reduced imports.
Impact of environmental policies and sustainable forestry practices on import volumes.