China’s poor housing accounts for big decline in B.C. lumber exports

Until recently, China stood as the second-largest market for British Columbia (B.C.) wood products, considering both lumber and pulp and paper. Even with the inclusion of pulp and paper, China maintains its status as a significant market. However, over the last four years, B.C. has witnessed a substantial decline in lumber exports to China. Analysts, focusing on global wood markets, anticipate limited improvement until 2025, as revealed by a comprehensive outlook on China's lumber markets, developed in collaboration with the Australian forestry consulting firm Margules Groome. The forthcoming outlook, set to be published next ...