US Southern Pine, BC Lumber Exports: June 2016

US Southern Pine Lumber Exports: June 2016

Exports of Southern Pine lumber soared in June, amounting to a monthly record of 65.57 million board feet (MMbf), according to the latest reports from the USDA’s Foreign Agricultural Service, said the Southern Forest Products Association Wednesday.

This volume represents a giant jump of 42 per cent above the same month last year, contributing to a significant year-to-date increase of 11 per cent when compared with the first half of 2015.

Offshore shipments during June roughly break down as 37.5 MMbf dressed, 10.8 MMbf rough, and 17.2 MMbf treated lumber.

Softwood lumber imports to the U.S. remained steady in June, reaching 1.4 billion board feet (Bbf), up 20 per cent from the volume imported during June of 2015. Through the first half of this year, softwood imports are up 36 per cent when compared with the same period a year ago.

SOURCE: Southern Forest Products Association

BC Softwood Lumber Exports: June 2016

Highlight of Exports YTD 2016 (June), compared to YTD 2015 (June)

• BC forest product exports totalled $6.88 billion, up 6.9 per cent from $6.44 billion.
• Share of export value by market: US (53 per cent, up from 46.1 per cent), China + Hong Kong (24.5 per cent, down from 31 per cent), Japan (8.5 per cent, down from 8.9 per cent).
• Share of export value by product: Softwood Lumber (49.6 per cent, up from 46 per cent), Pulp (21 per cent, down from 25.3 per cent), Other Wood Products* (17 per cent, up from 14.3 per cent).

SOURCE: BC Ministry of Forests, Lands, and Natural Resource Operations