Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Global trade of lumber up 25 percent the past two years and signs of
better times ahead for the lumber industry, reports the Wood Resource
Quarterly...
More
Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Global trade of lumber up 25 percent the past two years and signs of
better times ahead for the lumber industry, reports the Wood Resource
Quarterly
International trade of softwood lumber increased in 2011 after two years in decline.
Imports were up to China, Japan, Spain and South Korea while they fell in the US, the
UK, France and Egypt, as reported in the WRQ.
In Europe, lumber prices might have
bottomed and could start increasing if additional supply will not outpace higher demand.
Seattle, USA.
After a sharp decline in global demand for lumber in 2008 and 2009 as a
result of the global recession, global trade of softwood lumber increased an estimated 25
percent over the past two years.
In 2011, trade reached just over 90 million m3, which is
still substantially below “pre-financial crises” levels.
China, Japan, Spain and South
Korea saw the biggest rise in import volume between
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