India emerges as “biggest growth market” for US hardwood lumber

India emerges as “biggest growth market” for US hardwood lumber
India has emerged as the biggest growth market for US hardwood lumber in H1 2023, with the total shipped to the market rising by 76% in volume to 6,610m3 and by 47% in value to US$3.98m, as compared to H1 2022. The statistics, which have been compiled from the latest data released by the United States Department of Agriculture (USDA), also revealed that US hardwood veneer exports to India fell by 35% in value to reach $534,000 during the same period. Shipments to India during the first half of this year were dominated by ...

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