U.S., Europe, Asia lumber production
climbs, Canada hits low point
Worldwide trade of lumber inched up again in early 2018,
hinting that this may be another record year, a new report
from Wood Resources International indicates. Six of the
ten largest lumber-exporting countries in the world have
increased their shipments in 2018, with exports from Russia,
Germany, Ukraine, and Austria increasing the most year-over-year.
Canada has seen the biggest decline year-over-year, with
shipments in 2018 on pace to be the lowest in five years. Ca-
nadian shipments to China and the U.S. during the first half
of the year were down 19 percent and 6 percent respectively
U.S. lumber production is up 5. 5 percent so far over last
year. – R.D.
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