global

Global softwood lumber trade on the decrease

Article by Günther Jauk (translated by Eva Guzely) | 28.12.2023 - 11:15

In the first three quarters, exports from the 15 biggest softwood lumber supplying countries decreased by 8% or 7.1 million m³ year on year to a total of 80.1 million m³. Once again, Canada was by far the biggest exporter with 23.6 million m³ (-9%), of which almost 90% (21.1 million m³; -9%) were shipped to the US.

Russian softwood lumber exports fell by 13% to 15 million m³. China was the main sales market but recorded a decrease of 13% to 9.02 million m³. In total, China imported almost 13 million m³ of softwood lumber from January to September.

Sweden was the biggest European exporter of softwood lumber. The Scandinavian country achieved an increase of 6%, which brings the total to 10.4 million m³. Sweden’s most important export markets were Great Britain with 2.13 million m³ and the MENA region with 1.99 million m³. The United Kingdom imported a total of 3.82 million m³ of softwood lumber.

Germany exported 7.31 million m³ (-9%), of which 1.83 million m³ were shipped to the US. Finland completes the Top 5 exporting countries (6.18 million m³; -2%). For the Nordic country, the MENA region is the most important market (1.93 million m³). In total, the countries of the region imported 5.64 million m³ of softwood lumber.

Global foreign trade | Q1-Q3 2023
Table of softwood lumber trade flows from the 15 biggest exporting countries to the 15 biggest importing countries as well as to the MENA region (volumes in 1,000 m³). National statistics on lumber exports were used as sources (as of December 2023). 
Horizontal: 15 biggest importing countries
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15  
Vertical: 15 biggest exporting countries Total Diff. 2022/2023 Diff. in % USA China Great Britain Italy Japan Germany Uzbekistan Netherlands France Egypt Mexico South Korea Austria Saudi Arabia Belgium Other countries MENA region
 1 Canada 23,631 –2,303 –9 21,114 1,120 13 3 636 15 0 5 4 0 56 28 0 23 19 594 56
 2 Russia 15,000 –2,200 –13 5 9,019 0 0 364 0 1,600 0 0 n/s n/s 345 0 n/s 0 n/s n/s
 3 Sweden 10,451 604 6 840 463 2,134 46 436 603 0 801 340 914 0 114 51 184 211 3,313 1,992
 4 Germany 7,313 –713 –9 1,835 367 342 423 64 0 0 507 602 15 9 94 600 74 469 1,913 415
5 Finland 6,186 –105 –2 67 503 553 138 438 343 0 215 378 777 1 17 114 282 106 2,253 1,935
 6 Austria 3,982 –460 –10 96 31 39 1,899 105 580 0 3 72 1 0 24 0 102 2 1,028 567
 7 USA 2,246 –83 –4 0 93 9 6 61 6 0 13 6 13 819 3 0 1 2 1,214 28
 8 Latvia 1,806 –531 –23 65 20 666 13 54 151 0 106 59 54 0 74 12 3 20 510 105
 9 Brazil 1,793 –239 –12 588 167 0 0 0 0 0 1 3 0 463 7 0 110 0 454 236
10 Chile 1,790 –162 –8 95 269 0 0 156 0 0 0 0 0 234 284 0 113 0 638 195
11 Belarus 1,465 –113 –7 0 664 0 0 0 0 290 0 0 n/s 0 2 0 n/s 0 510 n/s
12 Ukraine 1,334 148 12 2 44 n/s 102 7 98 0 44 2 n/s 0 4 5 n/s 37 988 n/s
14 Czech Republic 1,303 –512 –28 51 14 32 191 40 297 0 10 4 0 0 14 230 2 5 413 15
13 New Zealand 996 –47 –4 148 162 1 0 23 1 0 42 0 0 2 119 0 21 1 0 39
15 Belgium 814 –391 –32 25 37 31 0 0 176 0 97 336 1 0 0 0 0 0 111 54
  Total 80,108 –7,104 –8 24,931 12,974 3,820 2,821 2,384 2,270 1,890 1,844 1,807 1,776 1,585 1,126 1,014 913 870 n/s 5,638