Wood Markets

Posted on April 8, 2021

  • US market is underbuilt by 4 million housing units , new residential construction is expected to grow
  • Overall US softwood lumber demand is expected to grow by 6.2% in 2021
  • US lumber exports were down 26% in 2020
  • Of the Top 30 North American sawmill , 8 Canadian and 4 US producers recorded declines of output in 2020
  • Low inventories are expected in China and MENA in 2021
  • MENA Softwood imports were down by 7%  in 2020 with expected increase in 2021
  • Vietnam lumber imports increase by 15% in 2020



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