B.C. lumber trade delegation tours Matsudo elderly care home in Tokyo

Forest trade mission finds Asian headwinds

With Japan slipping back into recession and sales down in China, B.C. forest companies push for more wood construction

Forests Minister Steve Thomson is leading the B.C. industry’s annual trade mission to promote lumber sales in Asia this week, with a focus on maintaining sales in a soft market.

Accompanied by more than 30 executives from B.C. forest companies, Thomson started the trip Monday with a visit to Japan’s largest-ever wood building, an elderly care facility under construction in Tokyo. The visit comes as Japan’s economy is slipping back into recession.

Japan has been a major lumber customer for B.C. since the 1970s, and is the third largest buyer behind the United States and China. So far this year, sales volume to Japan is down, but value is up slightly to $556 million, in a market known for demanding high-grade wood.

The next stops are Dalian and Beijing, China, which is B.C.’s biggest recent success story with sales that topped $1 billion last year for mostly lower-grade lumber. So far in 2015, sales to China are off 11 per cent from the same time last year as the world’s most populous country struggles to maintain economic growth.

In an interview as he prepared to leave, Thomson said B.C. lumber producers are faced with slow sales in Asia and a decline in timber supply for standard lumber in the wake of the pine beetle epidemic. After years of promotion, B.C. has reached 43 per cent of all China’s imported lumber, over competitors including Russia, Australia and New Zealand.

“One of the focuses of the mission is to move the product up the value chain, particularly in the China market, because as you look to supply limitations, you want to make sure you get maximum value out of it,” Thomson said. “So it’s important to move up into the mid-rise multi-family construction, infill partition walls, hybrid construction, that aspect of it.”

Along with the industry and the federal government, B.C. has promoted wood construction as a green and earthquake-resistant alternative to concrete, the building standard in China.

Susan Yurkovich, named president of the Council of Forest Industries in June, is making her first official visit to Asia. COFI represents B.C.’s biggest lumber producers, including Interfor, West Fraser, Weyerhaeuser, Conifex, Domtar, Gorman, Dunkley, Babine Forest Products and Canfor.

Yurkovich said member companies have meetings lined up with Asian buyers, and she wants to spread the word that B.C. is a reliable supplier of lumber from sustainably managed sources.

B.C.’s top five lumber customers by volume are the U.S., China, Japan, Taiwan, Philippines and South Korea. With the Canada-U.S. softwood lumber agreement having expired, participants say diversifying B.C.’s lumber market is more important than ever.

 

Just Posted

Victoria Beer Week celebrates ‘five years of cheers’

Nine day craft beer festival delves into home brew workshops, food pairings, and a road trip to Sooke

Transit open houses on better Peninsula bus service

SIDNEY — Improved BC Transit services to West Sidney and to the… Continue reading

Victoria Orchid Society hosts 30th annual show

Orchids in full bloom March 3 and 4 at Our Lady of Fatima Hall

Free public lecture timed with scientific meeting in Sidney

Oceanographer Gregory Johnson speaks on the robots that monitor ocean temperature and salinity

Victoria playing host to regional farm market conference

Food industry experts to attend three-day networking event, which is open to the public

The 2018 B.C. Games wrap up in Kamloops

The B.C. Winter Games comes to a close after a weekend of fun and excitment

Student Voice: Phones in school a tool for learning or weapon of mass distraction?

Spectrum student questions role of smart phones in school

Library’s French collection gets $15,000 boost

Provincial grant adds extra French-language materials to Greater Victoria Public Library collection

Spectrum to stage Dirty Rotten Scoundrels

Students having fun with laughs in Broadway musical

B.C. boosts support for former youth in government care

More support coming for rent, child care and health care while they go back to school

Saanich skater golden at B.C. Winter Games

Desiree Grubell takes gold, Emily Walzak silver in Special Olympics figure skating.

SMUS stages Catch Me If You Can, the true tale of a con-artist

Musical follows tales of impersonator Frank Abagnale Jr.

B.C. VIEWS: Our not-so-New Democrats don’t rock the boat

Finance Minister Carole James takes the wheel, steers similar course

Concert-goers unfazed by Hedley sexual misconduct allegations

Frontman Jacob Hoggard thanked fans from the ‘bottom of our hearts’ at Halifax’s Scotiabank Centre

Most Read