Shipments of Dimension Lumber Up Sharply Through 3Q of 2015

Shipments of lumber reported by NELMA’s lumber manufacturers totaled 684.5 million board feet through the first 9 months of 2015, a 7.6% increase over the same period last year.  This significant uptick year-over-year was bolstered by a 15% increase in reported dimension lumber shipments for a total of 370.5 million board feet, primarily gradestamped Spruce-Pine-Fir South (SPFs).  The  opening of a new dimension mill midway in 2014 and an overall increase in production by NELMA’s dimension mills provides the explanation for this increase.

Meanwhile, shipments of Eastern White Pine during the 3rd Quarter of 2015 mirrored 2014’s totals for the same period with around 314 million board feet trucked to customers.

A breakdown of shipments for both segments of NELMA’s member mills through September show that dimension lumber accounted for 54% of the total; 46% Eastern White Pine.

The graphs below plot monthly shipments since 2007 for both groups:Dimension 3Q Chart (1)

EWP 3Q Graph

Northeastern Softwood Lumber Shipments Rise in First Half of 2015

Led by the highest volume of Dimension lumber in more than 8 years, total shipments of lumber from NELMA member mills for the first 6 months of 2015 totaled 444.9 million board feet. Dimension lumber, primarily construction grade material produced from species within the Spruce-Pine-Fir grouping, accounted for 54% of the overall total, or 241.9 million board feet. Shipments of Eastern White Pine made up the remaining 46% (203 million board feet), predominately appearance grade boards.

Compared to the same period of 2014, Dimension shipments are up a whopping 19.5%, while Eastern White Pine matched the previous year’s total. Overall, 2015 shipments were up by 9.7% versus the first 6 months of 2014.

Shipments by month for 2007-2015 are depicted in the graphs below for both Dimension and Eastern White Pine lumber:

EWP Shipment Graph
Note: The 2015 shipment data line is not visible for some months as the data is running mostly parallel to 2013’s shipments

Dimension Lumber Graph