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BGCanada will continue to be a major supplier of softwood lumber to the US in the next decade
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
Oregon`s tall wood building industry moves forward despite setbacks
New York state announces actions to advance industry`s growth
Biomass industry celebrates sixth annual Bioenergy Day
USA: The volume of timber cut from Northwest national forests is increasing
Wood as a replacement for concrete and steel
Global Wood Floring Market 2018
Vietnam and Cambodia should intensify cooperation in monitoring their export and import of timber and wood products
Africa: companies working in the wood industry need more support and access to resources
Wood-Pellets Market Growth Report
European parquet consumption - stable or slightly higher in the first six months of 2018
China`s huge demand for timber is stripping one of the world`s largest remaining areas of pristine tropical forests
Malaysia`s furniture exports in 2018 is expected to decline slightly
British development agency DFID has suspended funding for a timber industry reform project because of the Rakhine crisis
Since 1988, the driving forces of the furniture industry continue to meet under a single roof!
The Global Forest Industry in the 2Q of 2018
PRAGOLIGNA, 11th - 13th October 2018
Global Timber and Wood Products Market Update
DREMA 2018 towards Industry 4.0
Building as tall as trees at Timber Expo - Press Release
China has increased its sales of softwood from Europe
DANA Conference for forestry industry and wood products will be held on 01-02 October 2018
LIGNUMEXPO-LES - the most important international exhibition of its kind in Slovakia
The price for softwood timber - in continuous growth - Press Release
The Global Forest Industry in the 1Q/2018 - Press Release
DMG`S NEW FURNITURE COMPONENT&MATERIALS EVENT AIMING TO OFFER THE ULTIMATE DESIGN TOOLKIT
Canada will continue to be a major supplier of softwood lumber to the US in the next decade
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.