US Demand for Softwood Lumber is Forecasted to Increase in the Next 15 years – Where Will the Wood Come From?
A new study forecasts that softwood lumber consumption in the US will reach all-time highs by 2030. As a consequence, there are likely to be increased investments in production capacity in the US, changes in Canadian lumber trade flows, a rise in overseas supply, and upward pressure on sawlog prices. Detailed analyses of different demand and supply forecast scenarios can be found in the newly released comprehensive report:“Future Suppliers of Softwood Lumber to the US Market – Supply and Demand Outlook 2017-2030”.Seattle, USA.US softwood lumber demand is expected to continue its upward