N.A. panel production up in 2015; increase in OSB output
January 25, 2016 - North America structural panel production and apparent consumption fell 4.9 per cent and 4.5 per cent in the fourth quarter versus the third quarter of 2015, respectively, according to APA-The Engineered Wood Association. Compared to the fourth quarter of 2014, structural panel production was up 1.0 per cent , while apparent consumption rose 1.6 per cent. For the year 2015 in total, structural panel production increased 1.2 per cent and apparent consumption rose 2.9 per cent.
North American OSB production fell 4.8 per cent in the fourth quarter of 2015 from the third quarter, but was up 3.0 per cent from the fourth quarter of 2014. For the year, production totalled 20.357 billion square feet, up 2.4 per cent from 2014. In the fourth quarter, U.S. production fell 6.4 per cent while Canadian production dropped 1.6 per cent. U.S. production totalled 13.283 billion square feet for the year 2015, up 2.1 per cent from 2014. Canadian production in 2015 was 7.074 billion square feet, up 2.9 per cent from 2014.