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February 8, 2018

Japan: Wood products demand projection for 2018; imported lumber from Europe and N. America to drop

Japan: Wood products demand projection for 2018; imported lumber from Europe and N. America to drop

The Japanese Forestry Agency recently held a meeting for wood products demand projection for the first half of 2018. Imported lumber from North America, Europe and structural composite lumber are expected to decrease while logs from North America for the second quarter and from New Zealand for the first quarter are expected to rise. Supply of domestic logs for lumber processing would decrease slightly, but logs for plywood would increase by 8.5%.

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