The forecasted re-import of softwood plywood to Canada shows a steady increase from 9.1 thousand cubic meters in 2024 to 10.54 thousand cubic meters in 2028. In 2023, the value stood at 8.8 thousand cubic meters, indicating a consistent upward trend. The year-on-year percentage changes from 2024 to 2028 exhibit moderate growth, reflecting a stable demand. The last compound annual growth rate over these five years is projected to capture an average increase, highlighting a persistent uptrend in imports.
Future trends to watch for include potential fluctuations in global supply chains impacting the availability and cost of softwood plywood. Monitoring consumer demand in key sectors like construction and the influence of environmental policies will also be crucial.
