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Lumber exports from US-Canada to Asia fall 33pc from 2013-15
EXPORT value of logs and lumber exported from North America to Asia fell 33 per cent from 2013 to 2015, reported the American Journal of Transportation.
The 2016 export value hit lowest level since 2010, according to the Wood Resource Quarterly.
The major wood products exports from the US northwest (logs) and British Columbia (lumber) to Asia have fallen in value by 18 per cent during the first half of 2016, reports the Wood Resource Quarterly.
The biggest decline has been of softwood lumber from BC to China, which is on pace to be down by 50 per cent in 2016 as compared to 2014.
Wood product export from the North American west coast to Asia was fairly uneventful up until 2010 when shipment of particularly logs from the US and lumber from British Columbia took off to levels not seen for almost 20 years.
From 2009 to 2013, the value of logs and lumber shipped over the Pacific Ocean surged from US$1.7 billion to $4.9 billion. Since the record high in 2013, the total export value fell $3.3 billion.
Customs data for the first six months of 2016 show a continued 18 per cent decline in the export value for Canada, while US exports were up three per cent year on year, as reported in the Special Report in the latest issue of the Wood Resource Quarterly.
The 2016 export value hit lowest level since 2010, according to the Wood Resource Quarterly.
The major wood products exports from the US northwest (logs) and British Columbia (lumber) to Asia have fallen in value by 18 per cent during the first half of 2016, reports the Wood Resource Quarterly.
The biggest decline has been of softwood lumber from BC to China, which is on pace to be down by 50 per cent in 2016 as compared to 2014.
Wood product export from the North American west coast to Asia was fairly uneventful up until 2010 when shipment of particularly logs from the US and lumber from British Columbia took off to levels not seen for almost 20 years.
From 2009 to 2013, the value of logs and lumber shipped over the Pacific Ocean surged from US$1.7 billion to $4.9 billion. Since the record high in 2013, the total export value fell $3.3 billion.
Customs data for the first six months of 2016 show a continued 18 per cent decline in the export value for Canada, while US exports were up three per cent year on year, as reported in the Special Report in the latest issue of the Wood Resource Quarterly.
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