New home construction in the U.S. may have improved tremendously over the past few years, but it nonetheless produced an unintended side-effect. According to The International Tropical Timber Organization (ITTO), softwood mouldings have become more expensive due to the 4 percent increase in moulding demand this year. This demand is expected to grow in the next four years, prompting contractors to start using other types of mouldings for their projects:
The availability of clear pine grown in the US is much lower than twenty years ago. As a result, the US millwork industry (including moulding manufacturers) relies heavily on imported sawnwood from pine plantations in Chile, New Zealand and Brazil.
The market share of moulding imports is expected to grow. In 2013, imported mouldings accounted for 40% of total consumption. Softwood moulding imports almost doubled between 2009 and 2013.