The U.S. hardwood lumber industry is facing a period of profound uncertainty. An alarming decline in production has characterized recent years, marking a decrease from 16.88 million cubic meters in 2022 to less than 12 million in 2024. This worrying trend has provoked a number of questions about future developments in the sector.
The U.S. hardwood industry is currently undergoing a significant transformation, mainly due to declining domestic demand. This has shifted the focus of companies to foreign markets, where interest seems to be more dynamic. The focus is primarily on regions such as Europe and China, where demand for quality wood is constantly evolving.
David Venables, European director of the American Hardwood Export Council (AHEC), pointed out that while domestic sales are stagnating, international markets offer more promising prospects. In particular, the desire for sustainable, high-quality materials continues to grow, offering new opportunities for the hardwood industry. Venables thus sees significant potential in export diversification, although some major obstacles remain.
Challenges include tariffs and new international regulations, such as the European Union's Deforestation-Free Regulation (EUDR), which impose strict standards on production practices and material traceability. These regulations could increase costs for U.S. manufacturers, necessitating innovative strategies to remain competitive.
Despite these difficulties, the prospect of access to markets with strong demand could offset the domestic downturn, promoting renewed interest in sustainable forest management and responsible production.
AHEC, the main association representing the industry in export markets, is playing a crucial role in facilitating this transition. Continuing to promote the ecological qualities of U.S. hardwood could be decisive in strengthening the international position of the United States in this market.