Global Trade of Softwood Lumber up 66 Percent in Seven Years while Lumber Prices Have Fallen

Global softwood lumber trade increased 12 percent year-over-year to reach a new record-high of 121 million m3 in 2016, per estimates by WRI. Since the global financial recession in 2009, there has been a steady climb in international trade of lumber, with shipments the past seven years having increased as much as 66 percent.

Since the global financial recession in 2009, there has been a steady climb in international trade of lumber, with shipments the past seven years having increased as much as 66 percent. While it is no surprise that China is a major driver for the dramatic rise in lumber shipments worldwide the past seven years, it is interesting to note that the US has actually increased softwood lumber imports more than China.

Source: Global Trade of Softwood Lumber has Gone up 66 Percent in Seven Years, While Lumber Prices Have Fallen Substantially Over the Same Time-period – MarketWatch, 2017-03-10