North American softwood lumber exports show mild growth in Q1 2024

North American softwood lumber exports to offshore destinations posted mild gains in the first quarter, sustaining the momentum evident in the second half of 2023. Canadian exports overseas reached 376 million board feet (888,317 m3) through March, nearly matching the 379 million board feet shipped in the first quarter of 2023. Last year, a resurgence in demand from China, especially in the second half, offset fading sales to other destinations and helped Canadian exporters stem a multiyear slide in total offshore exports. Shipments finished 2023 at 1.45 billion board feet (3,422,020 m3), down 1 ...