CPABC Industry Update - Fall 2015 | Page 4

Overview of BC’s Forestry Indu British Columbia has Canada has of public forest land** Source: Canada’s forests: Key facts, Natural Resources Canada, 2014. 55 1 348 million hectares BC is one of the world’s largest exporters of wood fibre* million hectares of forest 52% Canada’s Forests Represent: of Canada’s softwood lumber production came from BC in 2013* BC forest industry revenue was $15.7 billion in 2013 9% of the world’s forests 24% of the world’s boreal forests 38% 62% was generated in the interior region and 38% in the coast region. Source: Canada’s forests: Key facts, Natural Resources Canada, 2014. 62% Source: BC Forest Industry: Economic Impact Study, MNP LLP. 2015. BC Forestry Sales* (Based on 2013 sales) $8.1 billion in wood product manufacturing sales, of which $802 million logs $4.2 billion in paper manufacturing sales, of which $2.4 billion $5 billion was sawmill sales was market pulp sales $195 million wood pellets, exported primarily to Europe Sales & Market Share (Based Top Three Export Markets: US, China, Japan* Since 2009, China has been a key driver of the forest sector’s sales recovery. China receives 61% of BC pulp exports, and 54% of exported logs. In 2013, BC forest product exports were $11.7 billion. 43% on 2013 sales) 31% US $5 billion China $3.7 billion 14% * Source: Economic State of BC’s Forest Sector, Ministry of Forests, Lands and Natural Resource Operations. 2013. ** Source: British Columbia Forest Overview, Forestry Innovation Investment, bcfii.ca page 4 | I N D U S T R Y U P D AT E 12% Other $1.7 billion Japan $1.3 billion