2 questions about Wood Industry Business Management in Canada B.C
Nancy 00001
GastonGlobalTradeWOOD365.pdf
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Gaston Wood 365 January 2020 1
Global wood product trade flows
WOOD 365, Faculty of Forestry
Chris Gaston, PhD
Winter 2020
2Chris Gaston January 2020
Overview
By the end of this presentation you should be able to describe:
– The top five exports of forest products from Canada and their destinations
– Canada’s largest competitors
– The difference in wood products / export focus in BC as compared to Ontario/Quebec
– The present day dominance of China production and trade in forest products
– Canada’s share of commodity versus value- added trade to importing countries
– “Balance of Trade”
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Canada exports
-
10
20
30
40
50
60
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Products + Pulp and Paper
SW Logs SW Lumber PB/OSB/Plywood
WCS and Builders Joinery Wood Furniture Other
Pulp Paper
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4Chris Gaston January 2020
Canada exports
-
2
4
6
8
10
12
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Pulp (all categories)
United States China Japan EU 27 Others
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Canada exports
-
2
4
6
8
10
12
14
16
18
20
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Paper (all categories)
United States China Japan EU 27 Others
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Canada exports
-
5
10
15
20
25
30
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Products
SW Logs SW Lumber PB/OSB/Plywood WCS and Builders Joinery Wood Furniture Other
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Canada exports
-
5
10
15
20
25
30
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Products
United States China Japan EU 27 Other
8Chris Gaston January 2020
Canada exports
-
100
200
300
400
500
600
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
M ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Chips and Pellets
SW Chips HW Chips Pellets, wood waste, etc.
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Canada exports
-
2
4
6
8
10
12
14
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Softwood Lumber
United States China Japan EU 27 Others
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‘Stick-built’ platform frame construction
The average cost of rough framing, sheathing, soffit, and door / window installation is as low as $8 per sq. ft. ($16,000 for a 2,000 sq. ft. home)
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Grade ‘turn-out’ at typical dimension lumber sawmill
Current product mix of grades (US South)
Grade (2x4s) Percentage
No. 1 & Btr. 18
No. 2 51
No. 3 16
Other 15
$430/mbf
$320
SYP kiln dried, West, 2x4 x8’ (Random Lengths, Sept. 2016)
$220
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Canada exports
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Japan housing starts
Source: JAWIC
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
1 9
7 4
1 9
7 6
1 9
7 8
1 9
8 0
1 9
8 2
1 9
8 4
1 9
8 6
1 9
8 8
1 9
9 0
1 9
9 2
1 9
9 4
1 9
9 6
1 9
9 8
2 0
0 0
2 0
0 2
2 0
0 4
2 0
0 6
2 0
0 8
2 0
1 0
2 0
1 2
2 0
1 4
2 0
1 6
P&B 2 x 4 Total Starts
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Japan post & beam construction
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Global fibre supply changes
Source: Pöyry
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Canada exports
-
100
200
300
400
500
600
700
800
900
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
M ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Softwood Logs
China Japan Korea, South United States Others
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Canada exports
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of PB/OSB + Plywood
PB/OSB to US Plywood to US PB/OSB/Ply to Other
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Canada exports
0.0
0.5
1.0
1.5
2.0
2.5
3.0
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Continuously Shaped + Builders Joinery
United States EU 27 Japan Others
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Canada exports
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Furniture
United States Other
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Canada exports
0.0
0.5
1.0
1.5
2.0
2.5
3.0
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Softwood Lumber to Japan
BC Rest of Canada
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Canada exports
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Softwood Lumber to China
BC Rest of Canada
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Canada exports
-
2
4
6
8
10
12
14
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Softwood Lumber
BC Quebec Rest of Canada
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Canada exports
0.0
0.5
1.0
1.5
2.0
2.5
3.0
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Continuposly Shaped and Builders Joinery
BC Quebec Ontario Rest of Canada
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Canada exports
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
Canada Exports of Wood Furniture
BC Quebec Ontario Rest of Canada
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U.S. imports
-
5
10
15
20
25
30
35
40
45
50
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
US Imports of Wood Products
SW Logs SW Lumber PB/OSB/Plywood WCS and Builders Join ery Wood Furniture Other
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U.S. imports
-
5
10
15
20
25
30
35
40
45
50
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
US Imports of Wood Products
Canada China Vietnam EU 27 Other
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U.S. imports
-
2
4
6
8
10
12
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
US Imports of Softwod Lumber
Canada Other
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U.S. imports
-
1
2
3
4
5
6
7
8
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
US Imports of Particle Board/OSB + Plywood
Canada PB/OSB/Ply Canada Plywood China Plywood Other PB/OSB/Ply
29Chris Gaston January 2020
U.S. imports
-
1
2
3
4
5
6
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
US Imports of Wood Continuously Shaped + Builders Joinery
Canada China Brazil Chile Other
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-
2
4
6
8
10
12
14
16
18
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
B ill
io ns
o f C
an ad
ia n
D ol
la rs
US Imports of Wood Furniture
Canada China Vietnam Other
U.S. imports
Malaysia
Mexico
Indonesia Italy
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Japan imports
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Japan imports
Add HS 94
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Japan imports
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Japan imports
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China imports
Break out HW lumber
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China imports
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China imports
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China exports
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Russia exports
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New Zealand exports
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Canada trade balance
8.337
2015
0.862
-0.012
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U.S. trade balance
-12.597
-4.981
2015
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N.A. trade balance
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Japan trade balance
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China trade balance
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India trade balance
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Europe (EU 27) trade balance
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Russia trade balance
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New Zealand trade balance
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Trade data online
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Quiz # 3
1. What are the top three Canadian wood exports by value, in order (excluding pulp and paper)?
2. What are the top three destinations of Canadian softwood lumber exports, in order?
3. How does Canada’s “trade balance” differ from China’s for wood products?
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Chris Gaston
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