News, V2I2

Lumber Market Report

Builders will find more softwood plywood imports from South America in the remainder of 2016. The United States is seeing a surge in the imports.

Analysts expect import volumes to continue to grow—at least in the short term. These and other findings were recently published in The Outlook for North American Offshore Softwood Plywood Imports, new analysis from RISI.

“In the U.S. and Canada, offshore imports of softwood plywood have steadily risen over the last year. Brazil and Chile, in particular, are playing a larger role in the North American import market,” says Jennifer Coskren, the leading author of the study and Senior Economist of Wood Products at RISI.

Coskren says exports to the United States accounted for just 8 percent of Brazil’s total plywood exports in 2014. This doubled in the first nine months of 2015 with exports to the United States now accounting for 16 percent of Brazil’s plywood exports.

In addition, the full ramp up of Arauco’s Nueva Aldea mill in Chile has also bolstered Chilean plywood exports into the U.S.

“For 2016, imports are on target to equal 6.5 percent of total North American plywood demand—and this has doubled from 3.2 percent in 2012. In our new analysis of this market, I evaluated the potential for more imports from South America over the next two years,” says Coskren.

Comments are closed.

Current Issue

April/May 2024