Key Takeaways
- In 2022, the United States produced approximately 35.5 billion board feet of softwood lumber
- Global sawnwood production reached 541 million cubic meters in 2021, primarily driven by coniferous species
- Canada's lumber production totaled 22.4 million cubic meters in Q1 2023
- The US lumber industry employed 850,000 workers directly and indirectly in 2022
- Canada had 210,000 jobs in the forest sector in 2022, representing 1% of total employment
- Sweden's forest industry supported 75,000 jobs in 2022
- The global lumber market was valued at $400 billion in 2022
- US lumber industry contributed $73 billion to GDP in 2022
- Canada's forest sector generated $108 billion CAD in economic activity in 2021
- Global deforestation for lumber averaged 10 million hectares annually from 2010-2020
- US sustainable forestry certification covered 93% of industrial timberland in 2022
- Canada managed 226 million hectares of forest with 0.02% annual deforestation rate
- US exported 8.5 billion board feet of softwood lumber in 2022
- Global wood trade volume was 180 million cubic meters in 2021
- Canada exported 26 million cubic meters of lumber in 2022
The global lumber industry is massive, employing millions and generating hundreds of billions in revenue.
Economic Value
Economic Value Interpretation
Employment Statistics
Employment Statistics Interpretation
Environmental Impact
Environmental Impact Interpretation
Global Trade
Global Trade Interpretation
Production Statistics
Production Statistics Interpretation
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