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March 29, 2018

US softwood lumber consumption expected to reach record-highs by 2030

US consumption of softwood lumber is likely to reach record-highs by 2030, resulting in export opportunities for sawmills in Europe and Latin America.  Higher lumber demand from all end-use sectors in the US in the coming years will result in continued expansion of sawmill capacity in the US South and increased imports from overseas, while Western Canada will reduce its shipments to the US market, according to a new study from ForestEdge and Wood Resources International.  The study forecasts that US softwood lumber demand will grow at an annual rate of 2.3% through ...

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