Imports down for hardwood plywood, wood flooring

Imports of hardwood plywood and multilayered wood flooring are still slower than last year's frantic pace. This slowdown is across nearly all countries, suggesting importers are working off high inventories, according to the Decorative Hardwoods Association.

From the beginning of the year through the end of February, U.S. imports of hardwood plywood have declined by 66 percent in volume and 68 percent in value compared with the same period last year.

After increasing by 11 percent in 2022, U.S. imports of multilayered wood flooring through February are down by more than 27 percent in volume vs. the same period last year.