In 2023, Canada remained the leading exporter of coniferous timber, followed by Russia and Sweden. Key trends included a decline in Canadian exports by 3.64% and increases for Russia and Brazil by 2.21% and 3.69%, respectively. Notable growth was observed in smaller markets, with Senegal experiencing an 11.59% increase. Conversely, the U.S. saw a significant decline of 10.93%. The 5-year CAGR indicated moderate growth for Eastern European and Baltic countries, while Western European countries mostly stagnated or slightly contracted.
Looking ahead, global demand will likely shift, influenced by construction sector needs and sustainability practices. Monitoring geopolitical changes, environmental regulations, and market diversification will be crucial for understanding export dynamics in the softwood lumber industry.
Top countries in Export of Lumber of Coniferous (Softwood) Wood by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 6,590,000,000 | 2023 | -0.19% | -3.64% | View data |
| 2 | 2 Russia | 4,685,300,000 | 2023 | +2.8% | +2.21% | View data |
| 3 | 3 Sweden | 3,280,500,000 | 2023 | +0.56% | +0.15% | View data |
| 4 | 4 Finland | 2,306,700,000 | 2023 | +1.65% | +1.37% | View data |
| 5 | 5 Germany | 2,221,200,000 | 2023 | +2.38% | +1.4% | View data |
| 6 | 6 Austria | 1,461,600,000 | 2023 | +0.73% | -0.32% | View data |
| 7 | 7 Chile | 899,100,000 | 2023 | +1.46% | -0.92% | View data |
| 8 | 8 Latvia | 833,830,000 | 2023 | +2.75% | +2.16% | View data |
| 9 | 9 New Zealand | 687,070,000 | 2023 | +1.29% | +1% | View data |
| 10 | 10 Brazil | 659,090,000 | 2023 | +4.21% | +3.69% | View data |
