{"id":76937,"date":"2019-01-10T11:24:33","date_gmt":"2019-01-10T11:24:33","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/outlook-of-the-global-lumber-market-in-2019\/"},"modified":"2025-09-19T08:49:42","modified_gmt":"2025-09-19T08:49:42","slug":"outlook-of-the-global-lumber-market-in-2019","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/outlook-of-the-global-lumber-market-in-2019\/","title":{"rendered":"Outlook of the global lumber markets in 2019"},"content":{"rendered":"

After surviving a global slowdown in 2015, world lumber markets became favourable as a general trend of rising prices took hold \u2013 up until the second half of 2018, that is, when the trend reversed in almost all markets. What happened?<\/em><\/p>\n

Many factors combined to cause two contrasting scenarios: too little supply with rising prices in H1\/2018, especially in the U.S., followed by too much supply with declining prices by the end of the year. Delayed shipments occurred first in the U.S. market, mainly the result of weather delays from B.C. (and other factors); this inelastic supply led prices to soar to record levels by mid-year. In the second half of fiscal 2018, the opposite occurred: shipments swamped the market, plunging prices by 50 per cent. While average prices for U.S. structural lumber in 2018 were the highest ever recorded, it is still a tale of two half-years. The outcome is that higher-cost mills in western North America have been curtailing production to contend with below-cost prices, but overall supply and demand fundamentals continue to look reasonable for 2019.<\/span><\/p>\n

As a result, both the Canadian and U.S. divisions of FEA are forecasting a pleasant surprise in lumber pricing in 2019; in fact, the second-highest average annual levels could be seen. This may be a difficult scenario to fully grasp given the lows reached in December 2018, so here is the analysis behind our conclusions.<\/p>\n

All global markets \u2013 including the U.S., Canada, most of Europe, Japan, China and much of Asia \u2013 were good to strong in 2017, and even better for the first two to three quarters of 2018. As in previous years, the only one that remained consistently unsettled was North Africa (particularly Egypt and Algeria). The U.S. saw solid growth again in 2018 (the case since 2010), but supply dislocations \u2013 forest fires, hurricanes, cold winters, railcar delays, etc. \u2013 and other developments led to extreme volatility in both lumber supply and prices throughout the year.<\/p>\n

There are always various change factors at work that can lead, either directly or indirectly, to unpredictable swings in lumber supply, demand and\/or prices, and this was precisely what happened in 2018. Until the point at which prices crashed, import duties on Canadian lumber shipments to the U.S. had shown no effect on Canadian mills; by Q4, though, many western Canadian mills had been curtailed due both to the duties and higher log costs in British Columbia. Of course, markets can be complicated, and 2018 proved this yet again.<\/p>\n

Global demand<\/strong><\/p>\n

Total global softwood lumber consumption in 2017 recorded a gain of 1.9 per cent versus 2016, mainly attributable to increases in North America and China. The U.S. achieved substantial lumber consumption growth (+3.7%) that year, as did Canada (+3.8%), but China enjoyed the best results (+13%).<\/p>\n

For 2018, global growth in lumber consumption is estimated to have gained about 2.1 per cent, moving up to 341 million m3 (144.5 billion bf net, or 201 billion bf nominal) from 334 million m3 in 2017. Results are varied, with the U.S., Canada, Europe and China all expected to post gains and Russia and Japan seeing small declines.<\/p>\n

In 2019, all major consuming regions are likely to record gains, with the U.S. and China set to lead all major countries (again) with increases of about seven per cent each. Other countries (Canada and some European nations) should enjoy moderate growth, while Japan and the CIS (Commonwealth of Independent States) countries are expected to record small demand declines due to their softer economies and housing-market easing. Global softwood demand is projected to reach 350 million m3 next year, an increase of 2.8 per cent from 2018. The outlook for 2020 calls roughly for more of the same, with demand expanding to 359 million m3 (+2.4%).<\/p>\n

Global supply<\/strong><\/p>\n

Global softwood lumber production trends this year should almost mirror the pace of consumption \u2013 up 2.4 per cent to 342 million m3 (145 billion bf net, or 201 billion bf nominal) versus 2017. For 2019, global production is forecasted to grow by 2.2 per cent (to 349.5 million m3). A continued rebound in U.S. production will have a sustaining influence on worldwide production next year: our forecast calls for an impressive gain of up to 4.5 per cent in the U.S. and little advancement in Canada (with the latter potentially diminished by the outcome of U.S. import duties). As well, this will be timed to a likely drop in the B.C. Interior\u2019s timber harvest due to an erosion in the economic value of the remaining mountain pine beetle-killed timber. Smaller gains are likely in other regions, with only Japan possibly recording a negative result.<\/p>\n

In 2020, it is expected that North American production to show a similar trend to 2019, with the U.S. exceeding five per cent as mills there ramp up amid a one per cent erosion of Canadian production (perhaps more if there are mill closures in the B.C. Interior). Total European production should expand slowly: an increase of just over three per cent is estimated for 2018, and this is expected to drop to around one per cent in 2019-20 as lumber exports to the U.S. and China slow. One of the wild cards in 2019 and 2020 will be the health of export markets in Asia (including China and Japan), the Middle East and North Africa, in terms of their ability to sustain demand growth and further tighten the global supply base.<\/p>","protected":false},"excerpt":{"rendered":"

After surviving a global slowdown in 2015, world lumber markets became favourable as a general trend of rising prices took hold \u2013 up until the second half of 2018, that is, when the trend reversed in almost all markets. What … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715],"tags":[3350,3306,3351,4030],"class_list":["post-76937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","tag-global","tag-lumber","tag-market","tag-outlook","topic-forestry","topic-sawmilling","area-europe","area-north-america","area-russia"],"acf":[],"yoast_head":"\nForecasts for the global lumber market in 2019 - TIN<\/title>\n<meta name=\"description\" content=\"After surviving a global slowdown in 2015, world lumber markets went favorable as a general trend of rising prices took hold until the second half of 2018.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/outlook-of-the-global-lumber-market-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forecasts for the global lumber market in 2019 - TIN\" \/>\n<meta property=\"og:description\" content=\"After surviving a global slowdown in 2015, world lumber markets went favorable as a general trend of rising prices took hold until the second half of 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/outlook-of-the-global-lumber-market-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-10T11:24:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:49:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"235\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"Outlook of the global lumber markets in 2019\",\"datePublished\":\"2019-01-10T11:24:33+00:00\",\"dateModified\":\"2025-09-19T08:49:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/\"},\"wordCount\":883,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png\",\"keywords\":[\"Global\",\"lumber\",\"market\",\"outlook\"],\"articleSection\":[\"Latest Trends\",\"Market Analysis\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/\",\"name\":\"Forecasts for the global lumber market in 2019 - TIN\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png\",\"datePublished\":\"2019-01-10T11:24:33+00:00\",\"dateModified\":\"2025-09-19T08:49:42+00:00\",\"description\":\"After surviving a global slowdown in 2015, world lumber markets went favorable as a general trend of rising prices took hold until the second half of 2018.\",\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png\",\"width\":500,\"height\":235},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"name\":\"Timber Industry News\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.timberindustrynews.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ro-RO\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\",\"name\":\"Timber Industry News\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"width\":150,\"height\":57,\"caption\":\"Timber Industry News\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\",\"name\":\"GWMI Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"caption\":\"GWMI Admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Forecasts for the global lumber market in 2019 - TIN","description":"After surviving a global slowdown in 2015, world lumber markets went favorable as a general trend of rising prices took hold until the second half of 2018.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.timberindustrynews.com\/ro\/outlook-of-the-global-lumber-market-in-2019\/","og_locale":"ro_RO","og_type":"article","og_title":"Forecasts for the global lumber market in 2019 - TIN","og_description":"After surviving a global slowdown in 2015, world lumber markets went favorable as a general trend of rising prices took hold until the second half of 2018.","og_url":"https:\/\/www.timberindustrynews.com\/ro\/outlook-of-the-global-lumber-market-in-2019\/","og_site_name":"Timber Industry News","article_published_time":"2019-01-10T11:24:33+00:00","article_modified_time":"2025-09-19T08:49:42+00:00","og_image":[{"width":500,"height":235,"url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png","type":"image\/png"}],"author":"GWMI Admin","twitter_card":"summary_large_image","twitter_misc":{"Scris de":"GWMI Admin","Timp estimat pentru citire":"4 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#article","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/"},"author":{"name":"GWMI Admin","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff"},"headline":"Outlook of the global lumber markets in 2019","datePublished":"2019-01-10T11:24:33+00:00","dateModified":"2025-09-19T08:49:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/"},"wordCount":883,"commentCount":0,"publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png","keywords":["Global","lumber","market","outlook"],"articleSection":["Latest Trends","Market Analysis"],"inLanguage":"ro-RO","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/","url":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/","name":"Forecasts for the global lumber market in 2019 - TIN","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png","datePublished":"2019-01-10T11:24:33+00:00","dateModified":"2025-09-19T08:49:42+00:00","description":"After surviving a global slowdown in 2015, world lumber markets went favorable as a general trend of rising prices took hold until the second half of 2018.","inLanguage":"ro-RO","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/"]}]},{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/outlook-of-the-global-lumber-market-in-2019\/#primaryimage","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/teak-wood-lumber-500x500-1.png","width":500,"height":235},{"@type":"WebSite","@id":"https:\/\/www.timberindustrynews.com\/#website","url":"https:\/\/www.timberindustrynews.com\/","name":"\u0218tiri din industria lemnului","description":"","publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.timberindustrynews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ro-RO"},{"@type":"Organization","@id":"https:\/\/www.timberindustrynews.com\/#organization","name":"\u0218tiri din industria lemnului","url":"https:\/\/www.timberindustrynews.com\/","logo":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","width":150,"height":57,"caption":"Timber Industry News"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff","name":"GWMI Admin","image":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","caption":"GWMI Admin"}}]}},"_links":{"self":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/76937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/comments?post=76937"}],"version-history":[{"count":0,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/76937\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media\/59981"}],"wp:attachment":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media?parent=76937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/categories?post=76937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/tags?post=76937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}