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Canadian sawmills gain market shares in China
Press release
4/2/2019
Canadian sawmills gain market shares in China
Softwood lumber import in China during January-February 2019 totaled 3.82 million m³ (+16% compared to 2018). "This is a new record and the seasonally adjusted trend line for the Chinese import of softwood lumber is increasing at a record high level", says Jenny Wessung, CEO at the analysis company Woodstat AB who is specialized in the softwood lumber market.
Of softwood lumber, China imports mostly pine. The import of pine increased by 8% during January-February (compared to 2018). The import of spruce increased by 26%. The import of other lumber (mostly larch) increased by 31%.
According to the latest analysis from Woodstat the Russian market share in the Chinese lumber market is now decreasing from a very high level and at the same time the trend line for the Canadian market share is increasing. The market share trend for the leading exporters in Europe is also increasing.
The main exporters Russia and Canada increased the export to China by 15% and 65% respectively during January-February (compared to 2018). Ukraine increased the most (+223%) and is the fourth largest exporter. U.S. had the largest decrease by -57%. Import from both Sweden and Finland decreased during the period by 39% and 28% respectively.
A full version of this report with more detailed information can be found in the Woodstat Market News newsletter.
For more information contact:
Jenny Wessung, CEO
Woodstat AB
jenny.wessung@woodstat.com
https://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.