afacerilemn/woodbusinessportal

Canada will continue to be a major supplier of softwood lumber to the US in the next decade

WoodBusinessPortal.com > Articles & News
09 August 2020
Member authentication
UserUser
PasswordPassword
no password?
Articles & News Articles & News

Organising Committee of Dubai Wood Show wraps up roadshow tour in Saudi Arabia



Wood pellets market going to reach USD millions By the end of 2023



Producer prices in Latvian industry dropped



Most of Canada`s major lumber producers posted lower profits or losses in 2019



Registration is now open for Salon Industriel du Bois Ouvre (SIBO)



Pinnacle Renewable Energy has announced plans to construct a new industrial wood pellet facility in the US



Canada: The B.C. government is backing off from some of its coastal forest industry reforms



Advanced report on "Wood Pellet Market"



The 2020 outlook for the global paper and forest products industry remains negative



If not wood, what?



The Sawn and Profiled Wood Products report



Ontario: logging can be doubled without harming biodiversity, wildlife habitat or species at risk



The Global Industrial Round Wood industry market professional research 2018 - 2026



Engineered Wood Products Industry report



The Latest Insights and Outlook for Timberlands, Forest Products Markets and Wood Fiber Supply Issues in 2020



Operation against illegal timber logs smugglers` from Kokrajhar and Chirang district



Plywood, new product of Kronobuild brand for construction, by Kronospan



Industrial overview of Glued Laminated Timber Glulam Market 2019-2025



Timber Harvesting Equipment Market 2019



Global Timber Connectors Market: Overview



More sustainable buildings with an emphasis on reducing their environmental impact



The construction industry faces a paradox - it must build more houses while emitting less carbon



Birch Wood Market



Miranda Kerr`s Debut Furniture Line Incorporates Sacred Geometry



ICFF and WantedDesign Manhattan to co-locate in May 2020



Survey shows growth in timber as a construction material



The furniture industry gets together in Bulgaria from 26 to 30 March, 2019



$2.4tn worth Expo 2020 Dubai construction projects to drive demand for wood industry



Cairo WoodShow: 110 exhibitors from 24 participating countries



Global Birch Wood Products Market



EGGER has broken ground at its $700 million Davidson County facility

Sawlog prices fell on all continents except North America in the 2Q of 2018

Canada will continue to be a major supplier of softwood lumber to the US in the next decade

Vancouver Invitation on Forest Products for a Better Future

The British government wants to minimise the costs to the timber industry of Brexit

The Wood Stove Design Challenge

Italian prime minister have met Italian manufacturers of wood machinery at Lesdrevmash trade fair in Russia

3D printable wood filament from furniture wood-waste

USA: Hurricane Michael damage will drive lumber prices higher

Wood fiber costs for the world`s pulp industry fell for the first time in over a year

Canada will continue to be a major supplier of softwood lumber to the US in the next decade


Canada will continue to be a major supplier of softwood lumber to the US in the next decade
Canada will continue to be a major supplier of softwood lumber to the US in the next decade, with the export volume from the Eastern provinces being forecasted to increase substantially, according to a study by ForestEdge and WRI

The softwood sawmilling sector in Eastern Canada will play an increasingly important role as a key supplier to the growing US lumber market in the future, according to a new study. The increasing lumber consumption in the US will also likely result in increased investments in production capacity in the US, changes in Canadian lumber trade flows, a rise in overseas supply, and upward pressure on sawlog prices.

Consumption of softwood lumber in the US is forecasted to increase over the next decade and reach an all-time high by 2030. Canada is poised to continue being a dominant supplier of softwood lumber to the US, but there will be changes in log availability. The timber harvests on public lands in British Columbia are set to decline over the next decade and uncertainty surrounds log availability in the eastern provinces.

The recently released multi-client study "Future Suppliers of Softwood Lumber to the US Market - Supply and Demand Outlook 2017-2030" provides detailed regional profiles of Canada`s future sawlog availability, forecasted sawlog prices, the outlook and competitiveness of Canada`s lumber industry, and likely regional Canadian lumber supply for the US market. The two major lumber-producing regions of Canada, the Western region (British Columbia and Alberta), and the Eastern provinces (Ontario, Quebec, and the Maritimes), each face complex factors that will further decrease the Annual Allowable Cuts (AAC). However, despite declining AAC`s, there is still the possibility that softwood roundwood production will increase in the future in Eastern Canada as current harvest levels are far below sustainable levels.

The more than decade-long infestation of the Mountain Pine Beetle in Interior British Columbia is coming to an end. Harvest levels are predicted to fall over the 2016-2030 forecast period, though log supply for the local sawmills could be modestly augmented by slightly increasing harvests in Coastal BC and a likely reduction in log exports to the Pacific Rim.

Another of the study`s conclusion is that lumber exports from Eastern Canada to the US are likely to increase substantially between 2017 and 2030. The in-depth analysis showed some interesting results in terms of Canada`s role as a future lumber supplier to the US. This was particularly true in the study`s high demand scenario.
November 16, 2018