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March 2, 2021

Trends in the global lumber market in 2021

Trends in the global lumber market in 2021
The strong North American lumber demand at the end of 2020 has continued at the beginning of 2021, and is expected to continue into the first half of 2021, mainly due to the increase in housing affordability, the reduction of housing inventory and the aging of housing inventory.  In fact, the continuation of the COVID-19 pandemic will significantly affect and change the consumption habits of consumers, and the favorable demographic structure of millennials entering the golden year of buying houses will also promote strong growth in timber demand.    It is estimated that the ...

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