{"id":77685,"date":"2019-06-26T12:44:24","date_gmt":"2019-06-26T12:44:24","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/global-trade-softwood-lumber-reaches-second-highest-level-history\/"},"modified":"2025-09-19T08:51:04","modified_gmt":"2025-09-19T08:51:04","slug":"global-trade-softwood-lumber-reaches-second-highest-level-history","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/global-trade-softwood-lumber-reaches-second-highest-level-history\/","title":{"rendered":"Global trade of softwood lumber reaches the second highest level in history"},"content":{"rendered":"
\n

Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to early 2018.<\/strong><\/em><\/p>\n

Out of the top-ten exporting countries, the largest year-over-year increases (in %) were in Ukraine, Russia, the US, Chile and Germany. Lumber exports from Ukraine have taken off dramatically after the country banned practically all exports of softwood logs in 2017.<\/p>\n

Lumber markets \u2013 North America<\/strong><\/p>\n

The free fall of lumber prices in the US came to a halt in early 2019, when prices were close to a four-year low. During the spring prices rose modest in both the US South and the US West. However, prices were substantially lower than their record highs in the 1H\/18. Oversea supply of softwood lumber to the US has always been a fairly small share of the total import volume. Canadian supply has historically accounted for 94-97% of total imports, only declining when US lumber prices have been high, thus attracting imports from Europe and Latin America. However, non-Canadian imports have increased for six consecutive years and in 2018 reached their highest level seen in 11 years, reports the Wood Resource Quarterly (WRQ). Softwood lumber exports from Canada were down six percent year-over-year in 2018, with the biggest decline being in shipments to China. Despite efforts by Canada\u2019s lumber industry to diversify its export shipments, 80% of total exports were destined for the US market in the 3Q\/18 - a three-year high. However, this share fell to 76% in the 1Q\/19 when exports to China rose again.<\/p>\n

Lumber markets \u2013 Northern Europe<\/strong><\/p>\n

For the first time in five years, Swedish exports of softwood lumber fell year-over-year in 2018. The biggest declines from 2017 to 2018 were in exports to Asia and the MENA region, while shipments to the European market remained practically unchanged. The European share of total exports from Sweden reached 67% in 2018, the highest level seen since 2011. The MENA region accounted for just over 18% of total shipments, the second lowest share in ten years. Export prices (in US$) have stayed high during 2018 and actually averaged the highest level seen since 2014.<\/p>\n

Lumber markets \u2013 China<\/strong><\/p>\n

Despite much uncertainty in the near future for the Chinese economy, lumber imports rose unexpectedly in the 1Q\/19 by as much as 14%, as compared to the same quarter in 2018, according to the WRQ. Most of the increase was due to increases in shipments from Russia and Canada, while supply from Europe and Latin America declined. Import prices took a substantial hit in the past year, falling from an average of $335\/m3 in March 2018 to $288\/m3 in March 2019.<\/p>\n

Lumber markets \u2013 Russia<\/strong><\/p>\n

Russia increased exports of softwood lumber by 7% from 2017 to 2018 to reach almost 30 million m3. This was the sixth consecutive year that exports have gone up from the previous year. Of the five largest export markets (China, Uzbekistan, Egypt, Azerbaijan and Japan), only Japan imported less lumber from Russia in 2018 than in the previous year.<\/p>\n<\/div>\n

<\/h2>","protected":false},"excerpt":{"rendered":"

Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. The uptick in demand for lumber continued in early 2019, with most of the major lumber-exporting countries increasing their shipments as compared to … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[3404,3432],"class_list":["post-77685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","tag-markets","tag-softwood-lumber","topic-sawmilling","area-china","area-europe","area-north-america","area-russia","area-south-america"],"acf":[],"yoast_head":"\nGlobal trade of softwood lumber reaches the second highest level in history - Timber Industry News<\/title>\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\/global-trade-softwood-lumber-reaches-second-highest-level-history\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global trade of softwood lumber reaches the second highest level in history - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Global trade of softwood lumber reached 120 million m3 in 2018, the second highest level on record. 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