Southern Pine Lumber Exports Fall 2.2% in December
2024 Southern Pine Lumber Exports Surge 11% Despite Year-End Decline
According to USDA’s Foreign Agricultural Service Global Agricultural Trade System, with additional analysis from the Southern Forest Products Association (SFPA), Southern pine exports (both treated and untreated) totaled 565.7 MMBF in 2024, an 11% increase compared to 2023.
On a monthly basis, Southern pine lumber exports were up 21.9% year-over-year in December but down 2.2% from November. December’s total of 38.9 MMBF was the second lowest month in 2024, behind only 37.9 MMBF in January.
Softwood imports, meanwhile, were down 11.5% year-over-year and down 11% from November. Overall, softwood imports ended 2024 down 2% compared to 2023.
By dollar value, Southern pine exports ended 2024 up 6% over 2023 at $211.5 million. Mexico led the way at $57.9 million, followed by the Dominican Republic at $48.2 million and India at $16.9 million.
Treated lumber exports ended the year flat at $133.1 million, led by the Leeward-Windward Islands at $23.7 million, followed by Jamaica at $19.9 million and the Netherlands Antilles at $10.3 million.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.