As of 2023, the importation value of untreated or unpainted coniferous logs and poles to Canada was higher than forecasted figures for upcoming years, showing a declining trend. From 2024 through 2028, the import value is projected to decrease steadily, indicating a small but consistent year-on-year decline. The compound annual growth rate (CAGR) over this period suggests a marginal average decrease annually.
Future trends to watch for:
- Potential changes in demand for sustainable and untreated wood products could alter market dynamics.
- Trade policy shifts, especially with major trading partners, might impact import volumes and values.
- Technological advancements in the forestry industry could affect supply chain efficiencies and costs.