Browse Data and Analysis

In 2022, EU wood pellet consumption hit a new record of 24.8 million metric tons (MMT) mainly due to increased residential use.

China’s consumption of wood products has fallen significantly due to slowing economic growth, a weakened housing sector, changing consumer preferences, and reduced demand from overseas markets.

As China’s middle class continues to expand, China’s demand for U.S. hardwood lumber for furniture interior products continues to soar, especially in Northeast China.