Global sawmill production falls sharply; turnaround expected in U.S. in 2024

Sawmills in many parts of the world have already reduced production and the trend continues. Central Europe and Canada have decreased the most. In Canada, according to our assessments, sawmill production has been reduced by roughly 20% or roughly 15 million m3 in the last five years. In Europe, we estimate a production reduction of approx. 15% or 15 million m3 over the past three years. In the southern states of the United States, production has increased somewhat, but does not compensate for the losses in Europe and Canada. This results in an estimated total production reduction in North ...