In 2023, the US imported approximately 1.325 billion kilograms of softwood plywood. From 2024 to 2028, forecasts predict a steady increase in imports, from 1.3799 billion kilograms in 2024 to 1.611 billion in 2028. The forecasted year-on-year growth rates hover around 4-5% from 2024 to 2028. Over this five-year period, the compound annual growth rate (CAGR) is expected to be approximately 4.0%.
Future trends to watch for:
- Shifts in demand due to changes in the construction and real estate sectors.
- Potential impacts of tariffs or trade policies affecting softwood plywood imports.
- Environmental regulations and sustainability trends influencing plywood sourcing.