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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
April 9, 2018

Top 10 North American lumber producers in 2017

Top 10 North American lumber producers in 2017

With few mill acquisitions, almost all of the production gains arose from improvements at existing mills. Of the top 40 companies, 8 in Canada and 6 in the U.S. recorded production declines - not the trend you'd expect during a time of near-record-high to record-high lumber prices.

Total Canadian softwood lumber shipments declined by 1.7% to 28.0 billion bf while U.S. production increased by 3.7% to 33.9 billion bf.

The top 10 Canadian producers have seen their shipments grow at a slightly slower pace than the overall Canadian industry since 2014. In 2017, the softwood lumber shipments of the top 10 decreased marginally versus a larger decline in Canada as a whole (-1.4% for the top 10; -1.7% for Canada). The drop in Canadian shipments is a function of many factors, but the implementation of import duties to the U.S. in early 2017 was one that caused Canadian companies to re-evaluate their markets and mills.

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