The import of shingles and shakes of wood to the US is forecasted to decline substantially from 39.552 million kilograms in 2024 to 18.448 million kilograms by 2028. In 2023, the actual imports were higher, reflecting a steady drop in demand or supply constraints in subsequent years. Year-on-year, the imports are expected to decrease consistently, with the most significant decline around 6.1% from 2027 to 2028. Over the forecast period (2024-2028), the compound annual growth rate (CAGR) of imports is expected to be negative due to the continual downtrend.
Future trends to watch for include the impact of sustainable construction practices, shifts in housing market demands, and developments in alternative roofing materials, which may further influence the import volumes of wooden shingles and shakes in the US.
