The import of oak logs to the US is forecasted to increase gradually from 2024 to 2028, starting at 1.5662 million USD and reaching 1.5862 million USD. The projected Compound Annual Growth Rate (CAGR) over these five years reflects a steady rise, following an overall industry trend towards sustainable and renewable materials. In 2023, the import value was recorded as slightly lower, consistent with the forecasted upward trend.

Future trends to watch for include:

Increased demand from furniture and construction industries may further drive imports.
Climate policies influencing sustainable sourcing and trade agreements could impact the import dynamics.
Technological advancements in processing raw logs could alter supply chain efficiencies and cost structures.