New Zealand stayed the largest supplier as its share rose 1.4 pp; Japan had the largest increase, with shipments up 18.1%
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United States supplied 56% of Chile's plywood exports, Colombia's shipments rose 82%, and New Zealand's fell 24%.
The additional capital will fund selective acquisitions and value-creation projects across existing and future timberland holdings.
Regional constraints, limited plantation expansion and infrastructure barriers will restrict how much additional softwood roundwood reaches markets.
Latin America remains a low‑cost source at about 95 million m3 annually while Oceania’s supply may fall by roughly three million m3 by 2035.
Buyer search yields no viable option as falling demand and rising costs pressure operations.
The project will assess converting industrial-grade logs into fully fitted mass timber modules for hotels, housing and offices.
India took 73% of shipments.
New Zealand log export volumes rise seasonally after strong March harvesting conditions.
New sawmill under construction in Canada will raise log intake to 500,000 tonnes as North Island acquisition adds Ōtorohanga Timber Company operations.
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