Over the past month, the FWPA hosted a series of webinars to provide information on the recent turbulence in international timber markets, and how this has been impacting the Australian timber market.
This well attended webinar series brought together international and domestic industry experts who took a deep dive into recent domestic and international timber supply and demand trends. FWPA recorded most of these sessions, with a short summary of sessions and resources available below.
Key trends in European timber markets, with Kurt Schrammel
Kurt Schrammel, Managing Director of Vida Australia, presented:
· European, American, and global timber supply and demand analysis.
· Analysis on the currently high international freight challenges.
· Pricing of structural timber products from across the globe products in comparison to MGP 10.
Click here to access Kurt’s Presentation
Wild North American lumber market dynamics, with Russ Taylor
Russ Taylor, President of Russ Taylor Global, presented:
· Analysis of the heightened US timber demand drivers, such as consumption trends in construction, alternations and additions, and other factors.
· Analysis of US and Canada timber production, including increased and decreased production capacity.
· Risk factors for future US markets.
Click here to access Russ’s Presentation
Click here to access Russ’s Presentation Video
Australian timber market dynamics, with Tim Woods
Tim Woods, Managing Director of Industry Edge, presented:
· Historical analysis of sawn softwood production and consumption trends, with current consumption at record levels.
· Analysis of roles of imports in Australian market.
· Analysis of the Australian housing pipeline, with approvals at near record levels.
· Observations of future Australian market conditions, including the potential for a sharp reduction in dwelling approvals.
Click here to access Tim’s Presentation.
Click here to access Tim’s Presentation Video
Timber usage in residential construction, with Jim Houghton
Jim Houghton, Industry Consultant, FWPA, presented:
· Valuable analysis on timber usage in residential housing, based on an assessment of the bill of materials of model homes built by project home builders
· This is sorted into categories, including, 1 storey house, 2 storey house, floors and supporting structure, roof trusses, etc.
Click here to access Jim’s Presentation Video
Perspectives and projections with Tim Reardon – Immediately followed by industry supply chain
Tim Reardon, Chief Economist at the HIA, presented:
· Analysis of national population and demographic changes
· Analysis of change in residential housing behaviours
· Latest housing data
· Market forecasts including the prediction of a “shadow of demand” from 2023.
This session was followed with an industry panel comprising representatives from businesses spanning the timber supply chain:
· Tim Reardon- Chief Economist, HIA
· Tom Griffiths- Chief Commercial Officer, Porter Davis
· Christine Flanagan- Director, Calco Trusses & Timber
· Tristan Zhou- Managing Director, Simmonds Lumber
· David Little- Chief Executive Officer, TABMA
These panellists provided insights on how the current market conditions are affecting their section of the supply chain.
Click here to access Tim’s Presentation.
Click here to access Tim’s Presentation Video
