In 2023, the re-import of untreated or unpainted logs and poles of coniferous wood to Canada stood at 257.8 cubic meters. The forecasted data from 2024 to 2028 shows a consistent upward trend. From 2024 to 2025, the forecasted year-on-year variation is approximately 3.7%. The trend continues with a 3.5% increase in 2026 and 3.4% in 2027. By 2028, the growth rate is projected at around 3.2%. The compound annual growth rate (CAGR) over the five-year forecast period is estimated to be around 3.5%.
Future trends to watch for:
- Changes in international trade policies impacting import dynamics.
- Demand fluctuations driven by construction industry needs in Canada.
- Environmental regulations affecting the sourcing of coniferous wood.
- Technological advancements in wood treatment processes.
