In 2023, the import of fuel wood, wood in chips or particles, and wood waste to the US was valued at an estimated 117.00 million USD. Forecasts show a steady increase in imports, with values reaching approximately 118.83 million USD by 2028. This equates to a compound annual growth rate (CAGR) of around 0.31% over the five-year forecast period. Year-on-year growth remains modest, hovering slightly above 0.2%.
Future trends to watch for:
- The impact of green energy policies on wood fuel imports.
- Potential shifts in global wood supply chains affecting availability and pricing.
- Technological innovations in wood processing that might influence import demand.