Softwood lumber trade
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Global trade of softwood lumber reaches the second highest level on record
Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to early 2018. Out of the top-ten exporting countries, the largest year-over-year increases (in %) were in Ukraine, Russia, the US, Chile and Germany. Lumber exports from Ukraine have taken off dramatically after the country banned practically all exports of softwood logs in 2017. Lumber markets – North America The free fall of lumber prices in the US came to a halt in early 2019, when prices were close to a four-year low. During the spring prices rose modest in both the US South and the US West. However, prices were substantially lower than their record highs in the 1H/18. Oversea supply of softwood lumber to the US has always been a... Continue reading
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June 18, 2019
Global trade of softwood lumber reaches the second highest level on record
Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to early 2018. Out of the top-ten exporting countries, the largest year-over-year increases (in %) were in Ukraine, Russia, the US, Chile and Germany. Lumber exports from Ukraine have taken off dramatically after the country banned practically all exports of softwood logs in 2017. Lumber markets – North America The free fall of lumber prices in the US came to a halt in early 2019, when prices were close to a four-year low. During the spring prices rose modest in both the US South and the US West. However, prices were substantially lower than their record highs in the 1H/18. Oversea supply of softwood lumber to the US has always been a... Continue reading
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June 18, 2019
Global trade of softwood lumber reaches the second highest level on record
Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to early 2018. Out of the top-ten exporting countries, the largest year-over-year increases (in %) were in Ukraine, Russia, the US, Chile and Germany. Lumber exports from Ukraine have taken off dramatically after the country banned practically all exports of softwood logs in 2017. Lumber markets – North America The free fall of lumber prices in the US came to a halt in early 2019, when prices were close to a four-year low. During the spring prices rose modest in both the US South and the US West. However, prices were substantially lower than their record highs in the 1H/18. Oversea supply of softwood lumber to the US has always been a... Continue reading
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December 21, 2018
Global trade of softwood lumber down in 2018
Global trade of softwood lumber from January through September 2018 was down 2.5% as compared to the same period last year. China, Japan, the United Kingdom and the MENA region reduced their imports, while the US and continental Europe have imported more lumber this year than in 2017. Lumber markets – North America After US lumber imports reached a 10-year high in the 2Q/18, import volumes fell 3.5% to 9.44 million m3 in the 3Q/18, which was still over ten percent more than in the same quarter in 2017. The trend over the past few years has been that the market share for overseas lumber supply to the US has increased at the expense of Canadian supply, as reported in the Wood Resource Quarterly (WRQ). The Canadian share has fallen from 95% of total imports in 2016 to 91% in 2018. Lumber prices in the US plummeted during the summer and fall, with major grades falling about 40%... Continue reading
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June 18, 2019
Global trade of softwood lumber reaches the second highest level on record
Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to early 2018. Out of the top-ten exporting countries, the largest year-over-year increases (in %) were in Ukraine, Russia, the US, Chile and Germany. Lumber exports from Ukraine have taken off dramatically after the country banned practically all exports of softwood logs in 2017. Lumber markets – North America The free fall of lumber prices in the US came to a halt in early 2019, when prices were close to a four-year low. During the spring prices rose modest in both the US South and the US West. However, prices were substantially lower than their record highs in the 1H/18. Oversea supply of softwood lumber to the US has always been a... Continue reading
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June 18, 2019
Global trade of softwood lumber reaches the second highest level on record
Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to early 2018. Out of the top-ten exporting countries, the largest year-over-year increases (in %) were in Ukraine, Russia, the US, Chile and Germany. Lumber exports from Ukraine have taken off dramatically after the country banned practically all exports of softwood logs in 2017. Lumber markets – North America The free fall of lumber prices in the US came to a halt in early 2019, when prices were close to a four-year low. During the spring prices rose modest in both the US South and the US West. However, prices were substantially lower than their record highs in the 1H/18. Oversea supply of softwood lumber to the US has always been a... Continue reading
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December 21, 2018
Global trade of softwood lumber down in 2018
Global trade of softwood lumber from January through September 2018 was down 2.5% as compared to the same period last year. China, Japan, the United Kingdom and the MENA region reduced their imports, while the US and continental Europe have imported more lumber this year than in 2017. Lumber markets – North America After US lumber imports reached a 10-year high in the 2Q/18, import volumes fell 3.5% to 9.44 million m3 in the 3Q/18, which was still over ten percent more than in the same quarter in 2017. The trend over the past few years has been that the market share for overseas lumber supply to the US has increased at the expense of Canadian supply, as reported in the Wood Resource Quarterly (WRQ). The Canadian share has fallen from 95% of total imports in 2016 to 91% in 2018. Lumber prices in the US plummeted during the summer and fall, with major grades falling about 40%... Continue reading
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Global trade of softwood lumber down in 2018
Global trade of softwood lumber from January through September 2018 was down 2.5% as compared to the same period last year. China, Japan, the United Kingdom and the MENA region reduced their imports, while the US and continental Europe have imported more lumber this year than in 2017. Lumber markets – North America After US lumber imports reached a 10-year high in the 2Q/18, import volumes fell 3.5% to 9.44 million m3 in the 3Q/18, which was still over ten percent more than in the same quarter in 2017. The trend over the past few years has been that the market share for overseas lumber supply to the US has increased at the expense of Canadian supply, as reported in the Wood Resource Quarterly (WRQ). The Canadian share has fallen from 95% of total imports in 2016 to 91% in 2018. Lumber prices in the US plummeted during the summer and fall, with major grades falling about 40%... Continue reading
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December 21, 2018
Global trade of softwood lumber down in 2018
Global trade of softwood lumber from January through September 2018 was down 2.5% as compared to the same period last year. China, Japan, the United Kingdom and the MENA region reduced their imports, while the US and continental Europe have imported more lumber this year than in 2017. Lumber markets – North America After US lumber imports reached a 10-year high in the 2Q/18, import volumes fell 3.5% to 9.44 million m3 in the 3Q/18, which was still over ten percent more than in the same quarter in 2017. The trend over the past few years has been that the market share for overseas lumber supply to the US has increased at the expense of Canadian supply, as reported in the Wood Resource Quarterly (WRQ). The Canadian share has fallen from 95% of total imports in 2016 to 91% in 2018. Lumber prices in the US plummeted during the summer and fall, with major grades falling about 40%... Continue reading
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June 18, 2019
Global trade of softwood lumber reaches the second highest level on record
Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to early 2018. Out of the top-ten exporting countries, the largest year-over-year increases (in %) were in Ukraine, Russia, the US, Chile and Germany. Lumber exports from Ukraine have taken off dramatically after the country banned practically all exports of softwood logs in 2017. Lumber markets – North America The free fall of lumber prices in the US came to a halt in early 2019, when prices were close to a four-year low. During the spring prices rose modest in both the US South and the US West. However, prices were substantially lower than their record highs in the 1H/18. Oversea supply of softwood lumber to the US has always been a... Continue reading