Canada's oriented strand board (OSB) import volume is projected to decrease annually from 2024 through 2028. Forecasted data suggests a consistent decline from 95.91 thousand cubic meters in 2024 to 81.25 thousand cubic meters in 2028. Based on this forecast, the year-on-year percentage decreases are projected at approximately 3.88% for 2025, 4.00% for 2026, 4.11% for 2027, and 4.25% for 2028, reflecting a downward trend in import volumes. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, underscoring a sustained reduction in imports.

Future trends to watch for include:

Impact of domestic production capabilities on import demands.
Market shifts due to policy changes or trade agreements that could alter supply chains.
Technological advancements in OSB production efficiency and alternative materials.
Economic factors such as construction industry growth or contraction impacting import needs.