Forecast: Re-Import of Lumber of Coniferous (Softwood) Wood to Canada

The re-import value of coniferous lumber to Canada is projected to decline from $10.297 million in 2024 to $8.1371 million by 2028. This represents a year-on-year decline, averaging approximately 5% annually. This trend marks a continuous decrease in re-imports, potentially indicating improved domestic supply capabilities or reduced demand for re-imported lumber.

Key factors to watch in the coming years include domestic production policies, international trade agreements, and demand shifts in the housing and construction sectors, which could further impact re-import levels and market dynamics.

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