July 13, 2014
Global softwood lumber production forecast to increase 24% by 2020
Global softwood lumber production bottomed out in 2009 at 264 million m3, climbed in 2010 to 288 million m3, and in 2012 expanded to 306 million m3, according to the latest Wood Markets Monthly International report. In comparing 2010 with the base-case forecast for 2020, the production of global softwood lumber is expected to rise by 24% (2.4% per year), with a volume increase of some 70 million m3. Note that the annual increase over ten years of 2.4% per year is higher than that of global softwood timber harvests (2.0% per ...
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