The Global Forest Industry This Quarter

Excerpts from the 4Q 2013 issue of the Wood Resource Quarterly

  • Sawlog prices trended upward throughout the world in the 4Q and the Global Sawlog Price Index (GSPI) rose the highest level in over two years.
  • The two global wood fiber indices, SFPI and HFPI, have trended in opposite directions during most of 2013. The Softwood Wood Fiber Price Index (SFPI) has gone up for two straight quarters to reach US$99.51/odmt in the 4Q/13, while the Hardwood Wood Fiber Price Index (HFPI) fell for the fifth consecutive quarter.
  • NBSK prices have steadily trended upward for almost 18 months, while HBKP prices have stayed flat.
  • Lumber production slowed down towards the end of 2013 in both the US and Canada.
  • The optimism is returning to the sawmilling sector in the Nordic countries.
  • China’s importation of lumber was 19% higher in 2013 than in 2012
  • Wooden housing starts in Japan were up 12% in 2013
  • After two quarters of double-digit growth, wood pellet exports from North America to Europe increased just two percent in the 3Q/13.