MARKET INSIGHTS REPORT
North American Lumber Trade Update
In 2023, US Softwood Lumber Consumption Was Down 2.4% YoY, while Canadian consumption fell by 4.3%.
Longstanding tensions between Canada and the US over softwood lumber trade have made no dent in their mutual dependence, although opportunities to grow export markets in Asia might lie in wood construction gaining favor beyond residential uses.
- Canada and the US’s relationship in the lumber industry
- North American lumber consumption and trade trends
- Factors and challenges impacting North American lumber trade patterns
- Future opportunities in Asian markets outside of traditional residential construction
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Source: WoodMarket Prices, your partner for the latest updates on global forest products developments. Established in 1988, our platform provides prices for sawlog, pulpwood, lumber, and pellets and reports on trade and wood market developments in most key regions worldwide.
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