CANADA - In 2018 Canadian OSB exports increased even more significantly than in previous years. According to Euwid, citing Statistics Canada, a volume of 7.65 million m³ was exported during last year.

This corresponds to an increase of 29%. The export value only rose by 13% to CAD 2.25 billion however, which reflects the price decreases on the North American OSB markets in the second half of 2018.

The significant increase in volume means the upward trend in Canadian exports further intensified; the export value virtually doubled compared to 2013. At that time the Canadian OSB industry had exported 3.89 million m³. In 2014 the exported volume amounted to 4.40 million m³ (+13%). For 2015 a volume of 4.79 million m³ (+9%) was recorded and for 2016 5.43 million m³ (+14%). In 2017 the export volume had increased by 9%.

The majority of Canadian OSB exports are delivered to the USA. In 2018 deliveries to the USA, increased 32% to 7.26 million m³, improving at a slightly more significant rate than total exports. The export value rose by almost 14% to CAD 2.12 billion. In 2015 the USA had imported 4.47 million m³ of OSB from Canada, and 5.06 million m³ in 2016.

Japan, at a volume of 191,960m³ - which is virtually the same as the preceding year - maintained its position as the second largest export market for Canadian OSB. The export value nevertheless rose by 14% to 66.9 million euros. In 2015 a volume of 159,653m³ was exported to Japan, and 180,304m³ in 2016.