ウッドショック

noun

2021-2023 lumber shortage; wood shock

Wasei-eigo term referring specifically to the global lumber shortage and price surge that occurred from 2021 to 2023, often in the context of Japan's housing and construction industries.

wasei-eigo (Japanese-coined English), from wood shock

• ウッドショックの影えい響きょうで、新しん築ちく住じゅう宅たくの価か格かくが高こう騰とうした。

  Due to the wood shock, the prices of newly built homes soared.

• ウッドショックは、コロナ禍かにおける世せ界かい的てきな木もく材ざい需じゅ要ようの急きゅう増ぞうが原げん因いんだ。

  The wood shock was caused by a sudden global surge in lumber demand during the COVID-19 pandemic.