The historical data on US sawnwood production reflects a steady growth from 2013 to 2019, followed by fluctuations in 2020 due to a 4.05% decrease attributed to market disruptions. Despite brief recovery phases, the 2023 production volume stood at 82.064 million cubic meters, with a modest 0.48% year-on-year growth. Between 2019 to 2023, annual growth rates varied, showing a CAGR of 0.016%, indicating a plateau in this timeframe. Forecasted data from 2024 to 2028 projects a gradual uptick, with a 5-year CAGR of 0.36% and an overall growth rate of 1.83% by 2028.
Future trends to watch include the adoption of sustainable forestry practices, advancements in production technology, and market demand shifts influenced by construction industry dynamics and regulatory policies. These factors could significantly impact the trajectory of sawnwood production volumes.
