Investor Presentaiton
North America Statistics: Supply / Demand
North American Housing Starts
(million)
B.C. Interior Allowable Annual Cut
(million cubic metres)
WFP
Forecast
2.0
■U.S.
■Canada
1.9
1.9
1.9
68
1.8
1.7
0.2
1.6 0.3
1.6
0.2
1.5
1.4
1.4
1.5 1.5
0.3
1.5
0.2
0.2
1.3
1.1
114
1.2
0.2
0.2 0.2
0.2
0.2
0.2
1.0 0.2
1.6
1.6
1.4
0.5
1.1
1.2 1.2 1.2
1.3
0.9 1.0
-------------
0.2
0.2
1.7
1.7
1.5
1.4
1.3
0.0
'13 '14
'15 '16 '17 '18 '19 '20
Source: Forest Economic Advisors (November 2023)
21
'21
56
50
50
50
49
49
48
80
45%
decline
48
46
46
44
42
41
40
38
'22 '23E 24E 25E 26E 27E
'07
'16
'17 '18 '19 '20 '21 '22 '23E '24E '25E 26E '27E
Source: Forest Economic Advisors (November 2023)
North American Lumber Supply
North American Lumber Demand
(billion board feet)
29
62
828232°
80
70
64
64
61
59
60
55
56
50
40
30
20
10
0+
63
65
65
Forecast
63
39
62
61
(billion board feet)
Forecast
Change
('18 to '27E)
80
19
10
69
67
64
70
70
63
64
67
60
55
55
40
61
59
61
63
64
63
64
57
61 60
+1.2
50
40
30
+7.8
20
10
(5.1)
0
'13 '14 '15 '16 '17 '18 19 '20
■Western North America
Source: Forest Economic Advisors (November 2023)
'21
U.S. South
'22 '23E 24E 25E 26E 27E
Other North America
Imports
'13 '14 '15 '16 '17 '18 '19 '20 '21
■Residential Improvements ■Industrial & Commercial
Source: Forest Economic Advisors (November 2023)
'22 '23E 24E 25E '26E 27E
■New Home Construction
■Exports
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