European countries gaining market shares in US lumber imports
The United States consumed roughly 47 billion board feet of softwood lumber in 2019, 30.8% of which came from 48 foreign countries. All softwood lumber imports are not created equally, however. The lumber used to frame a home in the United States must meet stringent standards set by the American Lumber Standard Committee and only 16 foreign countries produce lumber that is graded for U.S. framing, as National Association of Home Builders (NAHB) reported. The 16 countries in the second table accounted for 79.6% of global softwood lumber exports by value in 2019 and ...
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