Forecast: Import of Lumber of Meranti Red, Meranti Bakau, White Lauan Wood to the US

In 2023, the import value of lumber from Meranti Red, Meranti Bakau, and White Lauan Wood to the US was not specified, but the forecasted data from 2024 onwards shows a steady increase. From 2024 to 2028, the import values are expected to grow gradually, reflecting a consistent upward trend. The year-on-year increase from 2024 to 2025 is approximately 0.78%, and similar growth rates continue each year up to 2028. The compound annual growth rate (CAGR) over this period approximates a moderate 0.75%.

Future trends to watch for include:

  • Sustainability and environmental impact concerns potentially affecting import volumes.
  • The influence of US housing market trends on demand for lumber imports.
  • Trade policy changes that could impact the cost or accessibility of these specific timber imports.

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