Hardwood lumber exports from the United States totaled 92 million board feet (MMBF) in Feb 2011, which was 8% above Feb 2010 and 1% below Jan 2011. Combined Jan/Feb 2011 exports of 184 MMBF were 20% ahead of Jan/Feb 2010.
Top 20 destinations registering large year-on-year gains included China (+57%), Japan (+46%), Taiwan (+85%), Saudi Arabia (+110%) and Pakistan (+407%).
U.S. shippers exported 114,085 cubic meters of hardwood logs to Canada in the first two months of 2011, a 22% year-on-year decrease, while log shipments to all other markets increased 33% to 220,042 cubic meters. Canadian buyers imported only 8% more U.S. hardwood logs by volume than Chinese buyers in Jan/Feb 2011; Canadian purchases exceeded Chinese purchases by 124% during the same period in 2010.
An astounding 70% of Red Oak, 38% of White Oak and 47% of Poplar (Tulipwood) log exports from the U.S. went to China in Jan/Feb 2011, up from 55%, 25% and 35%, respectively, in Jan/Feb 2010.
.
Have something to say? Share your thoughts with us in the comments below.
Hardwood Publishing offers Hardwood Review, Hardwood Leader, WoodLogics and other services for lumber buyers and sellers in the wood manufacturing industries.
Have something to say? Share your thoughts with us in the comments below.