A recently published article explores US market developments that affect hardwood demand. Some industrial markets, such as pallets, packaging and railway ties, concern only temperate hardwoods, but most trends apply to tropical species as well. Up until the housing market crash in 2007/2008, residential construction had become an increasingly important market for hardwoods in the US. Hardwood use in domestic furniture manufacturing steadily declined as furniture imports captured an increasing share in the US market. About one third of all sawn hardwood was used in housing before the financial crisis. Not ...
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