US Softwood Lumber Exports: First Half 2018

US Softwood Lumber Exports: First Half 2018

As an exciting sneak preview of the upcoming quarterly issue of Madison’s Forest Pulse, the latest data on US lumber exports paints an astonishing picture.

SOURCE: Madison’s Lumber Reporter

Given that Canadian sawmills are being blamed for high lumber prices — in large part due to the current punishing US softwood lumber duties — the stunning increases in US lumber exports to China.

VALUES OF US LUMBER EXPORTS TO CHINA AND THE WORLD: FIRST HALF 2018

The VALUE of US coniferous sawn wood products EXPORTS to China skyrocketed further, after steady growth for 2017, by +23.5%, to US$125 million, compared to the previous year’s US$95 million. For January-Aug 2017 there had been an +16% increase.

That to THE WORLD increased it’s previous acceleration, and was up +12.5%, to US$612 million, compared to US$536 million for the first half of 2017.

It our previous issue, for full-year 2017, this was up +9.7% .

The VALUE of US coniferous sawn wood products IMPORTS from Canada also improved their previous growth, by +5.5%, to US$3,558 million in January to June 2018, compared to US$3,186 million the year before.

For full year 2017 it had been up +4%.

 

 

Comments are closed.