Solid wood products: Rising consumption and imports, modest price growth

摘要

Based on findings of the current Resources Planning Act (RPA) Timber Assessment, residential construction and spending on upkeep and improvement will drive softwood lumber consumption to record levels over the next five decades. Near-term supply increments will come largely from imports, and long-term expansion from both domestic output and imports. Consumption of oriented strand board (OSB) will also reach record levels, based largely on expanded production in the United States, Real prices of solid wood products will rise slowly (0.6 percent per year or less), despite significant consumption growth.