Investor Presentaiton
Japan Statistics
Japan Housing Starts
(000s)
Douglas Fir Lumber Prices to Japan
(US$ per mfbm)
WFP
$2,300
980
967 965 942
883
892 909
905
860 860 840 840 850
$2,000
815
$1,700
$1,400
$1,100
$800
'12 '13 '14
'15 '16 '17
'18 '19 '20 '21 '22 '23
'12
'13
'14
'15 '16
'17
'18
'19
'20
'21
'22
'23E 24E 25E
Source: Japan Ministry of Land, Infrastructure, Transport and Tourism; Bloomberg
North America Lumber Imports
(000 m³)
Source: Random Lengths: Green Douglas Fir Baby Squares Merch 4-1/8x4-1/8 RL S4S, c.&f. dest. Japan
Hemlock Lumber Prices to Japan
(US$ per mfbm)
1,200
$2,000
1,025 1,020
1,000
$1,750
802
765
800
703
$1,500
668
611
600
527
$1,250
428
392
351
341
400
$1,000
200
$750
0
$500
'12
'13
'14
'15
'16
'17
'18
'19
'20
'21
'22
LTM
Sept-30
'12 '13
'14
'15
'16 '17 '18 '19 '20
'21 '22 '23
■Canada Hemlock
■Canada Douglas Fir ■U.S. Douglas Fir
Source: Japan Lumber Importers' Association
Source: Random Lengths: Green Hem Baby Squares Merch 4-1/8x4-1/8 13' S4S, c.&f. dest. Japan
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