The value of lumber, pulp, paper, and panelboard manufactured by Alberta Forest Products Association (AFPA) members totaled approximately $2.3 billion for 2012. The value of production was up $184 million or 9% from 2011.
The value of lumber, pulp, paper, and panelboard manufactured by Alberta Forest Products Association (AFPA) members totaled approximately $2.3 billion for 2012. The value of production was up $184 million or 9% from 2011.
“Our industry has seen sustained growth in production and revenues this year,” said AFPA president and CEO Brady Whittaker. “The economics have been positive and that has allowed for further investment in our facilities, forest management and communities.”
The AFPA’s pulp and paper sector production for 2012 was 1.5 million air dried metric tonnes (ADMT) valued at $1.1 billion. Production was up 47,100 ADMT (3.2%) from 2011, but softer prices caused values to weaken by $93 million or 7.8%.
In the lumber sector, AFPA-member companies produced 3 billion board feet of lumber in 2012 with a value of $906 million. Part of this production came from the secondary manufacturing sector. Total production volumes increased 194 million board feet (mmfbm) or 7% from 2011, while values increased $204 million or 29%.
AFPA-member panelboard operators produced 1.1 billion square feet of 7/16 inch equivalent product in 2012 valued at $341 million. Production was down from 2011 by 8 million square feet (0.7%), but higher prices caused values to increase by $73 million (27.1%).
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