Canada

British Columbian exports declined 25%

Article by Philipp Matzku, translated by Susanne Höfler | 07.11.2019 - 10:56

The crisis of British Columbia's timber industry is considerably deteriorating trade figures of the whole province. More than 20 sawmills had to curb production or completely shut down operation until the end of the summer.

Back

Lumber exports declined 11% until the end of August compared to the previous year. The total decline of export sales in the province of British Columbia amounted to CAD 3.4 bn. (-25%) in the first eight months compared to 2018, according to Statistics Canada. The timber industry's share in this development was -5.3%.  More than 3000 sawmill industry employees have at least temporarily lost their jobs during this year.

The Economic Affairs Council has adjusted the economic growth rate for the upcoming year downwards from 2.2% to 1.8%.

Back

Related articles

finland

Finnish lumber production decreased

In 2023, Finland’s lumber production output was the lowest in ten years. Read more ...

germany

Sawmill industry with a slump in sales

In the first two months of 2024, the German sawmills recorded a marked decrease in sales compared to the same period of the previous two years, which had been exceptionally good. Read more ...

usa

Still no change in the US price

So far this year, prices have remained more or less constant on the US softwood lumber market. 2024 started out at US-$452/1,000 bft and 15 weeks later, the 2-by-4 price is still the same. It was... Read more ...

italy

Italy needed less lumber at the start of this year

In January, Italy reduced its softwood lumber imports by 10% compared to last year. Main supplier Austria recorded a decrease of 4%, but performed much better than other supplying countries. Read more ...