Timber Harvests in the US and Canada Rising the Past Four Years as the Result of Higher Log Trade and Lumber Production

Increased North American log exports and higher softwood lumber production in the US and Canada have resulted in a steady rise in timber harvests on the continent from 2009 to 2013. However, despite the recent upward trend in log production, harvest levels in North America were still 40% higher ten years ago than they were last year.

Seattle, WA, USA, December 09, 2014 -- Timber harvests in North America were up for the fourth consecutive year in 2013, reaching 510 million m3, based on analysis by WRI. However, despite an annual increase of three percent each over the past four years, harvest levels in North America are still substantially lower than what they were before the great recession. Ten years ago, the total timber harvest in North America was about 40% higher than in 2013, and just the harvest in the US itself at that time was more than what was logged in all of North America last year, as reported in the latest issue of the Wood Resource Quarterly (WRQ).

In 2013, softwood removals in the US were up by three percent from the previous year, primarily as a result of higher log exports to Asia and increased domestic lumber production. Higher manufacturing of hardwood lumber and of OSB were the main drivers of the increase in hardwood timber harvests last year.

Demand for logs from the pulp sector, which consumed about 45% of the total timber harvest in 2013, fell as a result of lower pulp production and increased availability of residuals chips from the sawmilling sector. However, logging activities varied throughout the country with some regions, such as the northeast and part of the South, recording only modest increases in roundwood removals, while for example the forest-rich western Oregon harvested 13% more volume in 2013 than in 2012 thanks to log and lumber exports to Asia.

Timber harvests in Canada have gone up every year since 2009, reaching over 130 million m3 in 2013 - almost 30% more than in 2009. A combination of higher log exports to China, a rise in OSB production, and increased demand for logs from the domestic lumber industry have been the major drivers for higher log demand the past few years, according to the WRQ (www.woodprices.com). The timber harvest trend in Canada has mirrored the US trend with much higher harvest volumes ten years ago, a sharp decline in 2008-2009, followed by a slow and steady increase the past four years.

End-uses for harvested timber in Canadian are quite different from those of the US with as much as 71% of the logs being consumed by the sawmilling sector and only 15% by the pulp sector.

Global pulpwood and timber market reporting is included in the 52-page quarterly publication Wood Resource Quarterly (WRQ). The report, which was established in 1988 and has subscribers in over 30 countries, tracks sawlog, pulpwood, lumber and pellet prices, trade and market developments in most key regions around the world. To subscribe to the WRQ, please go to www.woodprices.com

Contact:
Hakan Ekstrom
Wood Resources International LLC
PO Box 1891
Bothell, WA 98041
+1-425-402-8809
info@wri-ltd.com
http://www.woodprices.com

Global pulpwood and timber market reporting is included in the 52-page quarterly publication Wood Resource Quarterly (WRQ).

Contact:
Hakan Ekstrom
Wood Resources International LLC
PO Box 1891
Bothell, WA 98041
+1-425-402-8809
info@wri-ltd.com
http://www.woodprices.com

This release was published on openPR.