In 2023, the import of lumber, specifically Meranti Red, Meranti Bakau, and White Lauan Wood to the US, stood at 9.82 thousand cubic meters. The forecasted data from 2024 onwards indicates a stable and minimal growth trend, with import values progressing from 9.83 in 2024 to 9.89 thousand cubic meters by 2028. This marked a less than 1% year-on-year increase, illustrating a stable but limited growth in demand or availability for these types of lumber.
Trends to watch for in the future include:
- Potential policy changes affecting lumber trade agreements between exporting countries and the US.
- Environmental and sustainability trends possibly influencing demand for specific wood types.
- Technological advances in construction materials which may impact the usage of traditional lumber.