Market movement
In 2024, wood: coniferous species, other than of pine (pinus spp.) or fir (abies spp.) or spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm trade exhibited slight decline, with global flows reaching $2,900,707,857 and a three-year compound annual growth rate of -42.7% (five-year: -17.2%). The all-time peak of $15,391,380,864 was recorded in 2021; the current level is 81% below that high-water mark.
Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-33.0% acceleration).
