The import of softwood plywood to the US is projected to grow progressively from 2024 to 2028, with an estimated rise from 2.83 million cubic meters in 2024 to 3.29 million cubic meters in 2028. In 2023, actual imports stood at approximately 2.75 million cubic meters. From 2024 to 2025, a year-on-year increase of about 4.13% is anticipated. This upward trend continues with year-on-year gains of around 3.89% in 2026, 3.68% in 2027, and 3.47% in 2028. The overall compound annual growth rate (CAGR) for the forecast period is approximately 3.73%.

Future trends to watch:

Shifts in global trade policies affecting lumber supply chains.
Development in sustainable forestry practices influencing supply and pricing.
Technological advancements in plywood production enhancing quality and reducing costs.
Potential demand fluctuations driven by changes in the US construction and real estate markets.