At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.
In adherence to ESOMAR's principles, we ensure that all data collection and analysis are conducted with transparency, respect for confidentiality, and strict compliance with ethical guidelines:
- Data Sourcing and Methodology:
We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR. - Transparency and Accuracy:
All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data. - Ethical Data Usage and Third-Party Material:
Our adherence to the ESOMAR Code of Conduct underscores our commitment to ethical research practices. We maintain strict controls over data sharing and usage; copying or distributing our data is prohibited under our company policy. Furthermore, all necessary agreements are in place for any third-party material used, ensuring full compliance with copyright laws and industry best practices. - Limitation of Liability:
While we strive to provide high-quality, timely market insights, the data is derived from a limited sample and should be interpreted within that context. We are not liable for any damages arising from the use of this data, as it is provided solely for informational purposes and as a directional indicator of market trends.
By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.
Canadian wood products face market decline in Asia
Posted on October 30, 2024 |
The U.S. continues to be the biggest market for Canadian lumber, with Japan and China following as key markets for British Columbia (B.C.) wood products.
Japan and China face declining markets, partly due to shrinking populations.
B.C. lumber exports to China fell from $1.8 billion in 2013 to $268 million in 2023, and softwood lumber imports dropped 35% since 2019.
Lumber exports to Japan decreased from $825 million in 2013 to $382 million in 2023.
China deals with a population decline and a struggling economy, leading to a real estate crisis and reduced new home construction.
New housing starts in China dropped 70% since 2019, leaving 48 million pre-sold homes unfinished.
Although softwood lumber imports to China have fallen, demand for other wood products like furniture and packaging rose by 4-5% in the last two years.
In Japan, about 50% of new homes are made from wood, with government support for wood use; however, the number and size of new housing starts are declining due to smaller families.