Editor’s pickSodra expects U.S. sales volume to rise 25% next year
Sodra softwood lumber
Swedish sawmill Södra expects exports to the U.S. to jump 25 per cent next year, much of it structural timber.
Some reasons for this growth include increasing wood construction of single-family homes. Housing starts have also doubled since the U.S. real estate crash of 2009-2010. Residential construction is also expected to increase in 2018, resulting in greater consumption of sawn timber. Meanwhile, production of sawn timber in Canada – the largest supplier of structural timber to the U.S. – has been low due to fires and pest damage.
The company’s sawn wood sales have been rising over the past four years. It has had a presence in U.S. since 2000.