slide1 l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Red Alder Export from the US Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW PowerPoint Presentation
Download Presentation
Red Alder Export from the US Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW

Loading in 2 Seconds...

play fullscreen
1 / 21

Red Alder Export from the US Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW - PowerPoint PPT Presentation


  • 292 Views
  • Uploaded on

Red Alder Export from the US Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW. Presented at the: Western Hardwood Association Annual Meeting Whistler, British Columbia 13-14 July, 2008. Weak US Dollar helps exports.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Red Alder Export from the US Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW' - Anita


Download Now An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Red Alder Export from the US

Dr. Ivan Eastin

Director, CINTRAFOR

College of Forest Resources, UW

Presented at the:

Western Hardwood Association Annual Meeting

Whistler, British Columbia

13-14 July, 2008

slide2

Weak US Dollar helps exports

The weak dollar has significantly improved the competitiveness of US

wood exports, particularly with respect to Europe and Canada products

Center for International Trade in Forest Products

slide3

US Wood Products Trade Deficit

The US trade deficit has declined by 21.8% since 2005

Center for International Trade in Forest Products

slide4

US Red Alder Log and Lumber Exports

Center for International Trade in Forest Products

slide5

Red Alder Log Export Markets

Center for International Trade in Forest Products

slide6

Red Alder Lumber Markets

Center for International Trade in Forest Products

slide7

Unit Values of Log and Lumber Exports

Center for International Trade in Forest Products

slide8

Vietnam is a Rapidly Emerging Market

Center for International Trade in Forest Products

slide9

Recent Trends of Interest

  • Russian announcement of log export tariffs aimed to

encourage investment in wood processing industry

    • Initially 6.5%
    • 20% on July 2007 (but not less than €10/m3)
    • Currently 25% in April 2008 (but not less than €15/m3)
    • 80% by January 2009 (but not less than €50/m3)
  • Japanese and European public procurement policies require
  • certification of legality for wood used in public projects
  • (expected that private companies will comply eventually)

Center for International Trade in Forest Products

slide10

Russian Softwood Logs Exports

Russia supplies over 80% of China’s SW logs and over 50% of Japan’s SW log imports. The loss of Russian logs provides opportunities for the US.

Center for International Trade in Forest Products

slide11

Russian Hardwood Logs Exports

Center for International Trade in Forest Products

slide12

Public Procurement Policies Drive Chinese Demand for Certified Wood

Results of a Survey of Chinese Companies with Chain of Custody Certification

  • 200 companies with CoC certification as of November 2006
  • Surveys were faxed in December 2006 / January 2007 to

all CoC firms

  • Completed surveys received from 41 companies
  • Response rate of 20.5%

Center for International Trade in Forest Products

slide13

Number of Chinese Firms with CoC Certification

As of yesterday, there were 408 companies certified in China

Center for International Trade in Forest Products

slide14

Location of Chinese Firms with CoC Certification

Most CoC companies are located along the coast

Center for International Trade in Forest Products

slide15

Product Mix of Chinese Firms with CoC Certification

Furniture manufacturers represent the largest segment of certified companies

Center for International Trade in Forest Products

slide16

China CoC Survey Results

Average Cost of Gaining CoC Certification for a manufacturer or Trading Company

Acquiring CoC certification is costly and may be a problem for the smaller companies.

Center for International Trade in Forest Products

slide17

China CoC Survey Results

Over 90% of total sales for CoC companies go to North America and Europe

Center for International Trade in Forest Products

slide18

China CoC Survey Results

Price premiums for certified wood products vary by market but can be substantial in the US and EU

Center for International Trade in Forest Products

slide19

Observations

  • Weak US dollar has improved the competitiveness of US wood products in foreign markets, especially in relation to European and Canadian suppliers
  • Slowing US housing market should encourage exports
  • Domestic US recession has reduced demand for wood furniture, flooring and cabinets which has translated into reduced demand for US hardwood species in foreign production markets
  • Harmonized codes for red alder lumber changed in 2007 from dry and green to a single product dry+green
  • Trade data appears skewed since change in harmonized codes

Center for International Trade in Forest Products

slide20

Observations (2)

  • Reduced logging in PNW resulting from steep drop in softwood lumber production has reduced volume of red alder logs available
  • Main log markets are China and Germany
  • Main lumber markets are China, Italy, Mexico and Vietnam
  • Unit value of logs has always been below lumber but in 2007 the trend reverses
  • Emergence of Vietnam and loss of Russian logs presents strong export growth opportunity for US hardwood industry

Center for International Trade in Forest Products

slide21

Questions?

Center for International Trade in Forest Products