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Decline in Canadian lumber export to China
Press release
10/29/2015
China has lately reduced the import of softwood lumber from Canada and at the same time increased the import from Russia. Just a year ago China imported approximately the same volume of softwood lumber from Canada as from Russia.
"The Chinese import of softwood lumber from Canada decreased by 34% in September compared to last year. The import from Russia increased by 22%," says Jenny Wessung, CEO Woodstat AB. "If we look at the import so far this year, China decreased the import from Canada by 13% during January to September and the import from Russia increased by 14%."
The Canadian market share in the Chinese lumber market decreases further. The latest figures show that only about 30% of the total Chinese import of softwood lumber now comes from Canada. That figure was approximately 40% a year ago and almost 50% in early 2012.
For more information contact:
Jenny Wessung, CEO
Woodstat AB
+46 (0)70 660 40 46
jenny.wessung@woodstat.com
http://www.woodstat.com
About Woodstat
Since 2007 Woodstat delivers comprehensive statistics and analysis to sawmills, forest owners and banks across the world. Woodstat publishes approximately 400 issues of the newsletter "Market News" every year. The Market News are concise and contain the latest market statistics for the manufactured lumber product industry. Woodstat's charts collection is available at www.woodstat.com and contains hundreds of relevant diagrammatic data for anyone working in the wood or forest industry.