China's demand boosts the Canadian timber industry

Increased demand for timber in China has boosted the timber industry in British Columbia, western Canada. The province exported 4.6 million cubic meters of softwood to China last year, a substantial increase of 76% over the previous year.
Pat Bell, head of the British Columbia Department of Forestry, Mining, and Land and Resources, said at a press conference on the 22nd that the market continues to grow at an incredible rate. In the past two years, 24 timber mills that were once closed in the province were reopened to meet the needs of the Chinese market.
Last year, British Columbia’s timber exports to China reached 687 million Canadian dollars (US$1 or approximately 0.99 Canadian dollars), which doubled from the previous year. Bell said: “Last year was the fifth consecutive year of export volume and export value of timber. There are more and more timber orders from China, and the requirements for wood quality and grade are getting higher and higher.”
Bell said that from the sales of timber in December last year, the United States only accounted for 36% of the purchases. “If we convert the sales of wood in December last year at an annual rate, the US and China’s sales in the two major markets are basically the same. I believe that after a few years, The quantity of timber sold to China will exceed the United States."
It is reported that the annual wood production in British Columbia, Canada, is 12 billion board feet (about 284 million cubic meters), and the United States has always been the largest buyer of timber in the province.

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