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United States Forest Inventory and Harvest Trends on Privately-Owned Timberlands

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United States Forest Inventory and Harvest Trends on Privately-Owned Timberlands United States Forest Inventory and Harvest Trends on Privately-Owned Timberlands United States Forest Inventory and Harvest Trends on Privately-Owned Timberlands Prepared for: National Alliance of Forest Owners Contact: Gretchen Schaefer 122 C Street, NW, Suite 630 Washington, DC 20001 (202) 747-0756 Prepared by: Hannah M. Jefferies Timber and Fiber Market Analyst Provided by: Forest2Market, Inc. 15720 Brixham Hill Avenue Suite 550 Charlotte, NC 28277 Date: June 20, 2016 Our commitment to deliver the most accurate, credible and quantitative market insight to our customers has never wavered. Our customers make better-informed decisions and thrive because they have credible and consistent measures of their performance compared to the broader market. Business Confidential. ©2016 Forest2Market, Inc. Page 2 Table of Contents List of Tables 5 List of Figures 6 1 Executive Summary 8 1.1 Overview and Objectives 8 1.2 Study Scope 8 1.2.1 Geographic Area 8 1.2.2 Time Period 9 1.3 Using the Data in this Report 9 1.4 Overall Trends 10 1.4.1 Conifer/Pine Species 12 1.4.2 Hardwood Species 13 1.5 Regional Trends 14 1.5.1 South 14 1.5.2 North 15 1.5.3 Pacific Coast/Northwest 16 2 National Removal and Inventory Trends 17 2.1 Historical Overview 17 2.1.1 Shifts in the Pulp and Paper Market 17 2.1.2 The Great Recession Impact on Solid Wood 17 2.1.3 Export Markets 18 2.2 Total (All Species) Inventory and Removals 19 2.3 Conifer/Pine Inventory and Removals 19 2.3.1 Conifer/Pine Sawtimber 21 2.3.2 Conifer Pulpwood 21 2.4 Hardwood Inventory and Removals 22 2.4.1 Hardwood Sawtimber 23 2.4.2 Hardwood Pulpwood 24 Business Confidential. ©2016 Forest2Market, Inc. Page 3 3 Removal and Inventory Trends by Region 26 3.1 Overview 26 3.1.1 Total (All Species) Inventory and Removals 27 3.1.2 Conifer/Pine Inventory and Removals 27 3.1.3 Hardwood Inventory and Removals 27 3.2 South 28 3.2.1 Pine 28 3.2.2 Hardwood 31 3.3 North 35 3.3.1 Conifer 35 3.3.2 Hardwood 38 3.4 Pacific Coast/Northwest 42 3.4.1 Conifer 42 3.4.2 Hardwood 45 4 Significant Findings 49 4.1 Conifer/Pine Inventory and Removals 49 4.2 Hardwood Inventory and Removals 50 4.3 Total Inventory and Removals 51 4.4 Conclusion 51 Appendix A: Methodology and Data Sources 53 Research Identification 53 Indicators 53 Time Period 53 Geographic Study Area 53 Data Collection 54 U.S. Forest Service: Forest Inventory and Analysis 54 Forest2Market: Proprietary Databases 54 Other Public Sources 54 Appendix B: Glossary 55 Business Confidential. ©2016 Forest2Market, Inc. Page 4 List of Tables Table 1-1 Total Inventory and Removals, Cubic Feet (billions) – All Regions......................................................................... 11 Table 1-2 Conifer Inventory and Removals, Cubic Feet (billions) – All Regions ..................................................................... 12 Table 1-3 Hardwood Inventory and Removals, Cubic Feet (billions) – All Regions ................................................................ 13 Table 2-1 Total Inventory and Removals, Cubic Feet (billions) – All Regions......................................................................... 19 Table 2-2 Conifer Inventory and Removals, Cubic Feet (billions) – All Regions ..................................................................... 20 Table 2-3 Hardwood Inventory and Removals, Cubic Feet (billions) – All Regions ................................................................ 23 Table 3-1 Pine Inventory and Removals, Cubic Feet (billions) – South Region ....................................................................... 30 Table 3-2 Pine Removals Relative to Inventory – South Region .............................................................................................. 31 Table 3-3 Hardwood Inventory and Removals, Cubic Feet (billions) – South Region.............................................................. 34 Table 3-4 Hardwood Removals Relative to Inventory – South Region ..................................................................................... 34 Table 3-5 Conifer Inventory and Removals, Cubic Feet (billions) – North Region .................................................................. 37 Table 3-6 Conifer Removals Relative to Inventory – North Region ......................................................................................... 37 Table 3-7 Hardwood Inventory and Removals, Cubic Feet (billions) – North Region.............................................................. 40 Table 3-8 Hardwood Removals Relative to Inventory – North Region ..................................................................................... 41 Table 3-9 Conifer Inventory and Removals, Cubic Feet (billions) – Pacific Coast/Northwest Region ..................................... 44 Table 3-10 Conifer Removals Relative to Inventory – Pacific Coast/Northwest Region .......................................................... 45 Table 3-11 Hardwood Inventory and Removals, Cubic Feet (billions) – Pacific Coast/Northwest Region .............................. 48 Table 3-12 Hardwood Removals Relative to Inventory – Pacific Coast/Northwest Region ..................................................... 48 Business Confidential. ©2016 Forest2Market, Inc. Page 5 List of Figures Figure 1-1 Map of Study Area ..................................................................................................................................................... 9 Figure 1-2 Total Removals Relative to Inventory, 2008-2014 – All Regions ........................................................................... 11 Figure 1-3 Total Conifer Removals Relative to Inventory, 2008-2014 – All Regions .............................................................. 12 Figure 1-4 Total Hardwood Removals Relative to Inventory, 2008-2014 – All Regions.......................................................... 13 Figure 1-5 Total Removals Relative to Inventory, 2000-2014 – South ..................................................................................... 14 Figure 1-6 Total Removals Relative to Inventory, 2008-2014 – North ..................................................................................... 15 Figure 1-7 Total Removals Relative to Inventory, 2008-2014 – Pacific Coast/Northwest Region ........................................... 16 Figure 2-1 Total Conifer Removals Relative to Inventory, 2008-2014 – All Regions .............................................................. 20 Figure 2-2 Conifer Sawtimber Removals Relative to Inventory, 2008-2014 – All Regions ..................................................... 21 Figure 2-3 Conifer Pulpwood Removals Relative to Inventory, 2008-2014 – All Regions ...................................................... 22 Figure 2-4 Total Hardwood Removals Relative to Inventory, 2008-2014 – All Regions.......................................................... 23 Figure 2-5 Hardwood Sawtimber Removals Relative to Inventory, 2008-2014 – All Regions ................................................. 24 Figure 2-6 Hardwood Pulpwood Removals Relative to Inventory, 2008-2014 – All Regions .................................................. 25 Figure 3-1 Forest Type Groups in the Contiguous United States .............................................................................................. 26 Figure 3-2 Total Pine Removals Relative to Inventory, 2000-2014 – South Region ................................................................. 28 Figure 3-3 Pine Sawtimber Removals Relative to Inventory, 2000-2014 – South Region ........................................................ 29 Figure 3-4 Pine Pulpwood Removals Relative to Inventory, 2000-2014 – South Region ......................................................... 29 Figure 3-5 Total Hardwood Removals Relative to Inventory, 2000-2014 – South Region ....................................................... 32 Figure 3-6 Hardwood Sawtimber Removals Relative to Inventory, 2000-2014 – South Region .............................................. 32 Figure 3-7 Hardwood Pulpwood Removals Relative to Inventory, 2000-2014 – South Region ............................................... 33 Figure 3-8 Total Conifer Removals Relative to Inventory, 2008-2014 – North Region............................................................ 35 Figure 3-9 Conifer Sawtimber Removals Relative to Inventory, 2008-2014 – North Region ................................................... 36 Figure 3-10 Conifer Pulpwood Removals Relative to Inventory, 2008-2014 – North Region .................................................. 36 Figure 3-11 Total Hardwood Removals Relative to Inventory, 2008-2014 – North Region ..................................................... 38 Figure 3-12 Hardwood Sawtimber Removals Relative to Inventory, 2008-2014 – North Region ............................................ 39 Figure 3-13 Hardwood Pulpwood Removals Relative to Inventory, 2008-2014 – North Region ............................................. 39 Figure 3-14 Total Conifer Removals Relative to Inventory, 2008-2014 – Pacific Coast/Northwest Region ............................ 42 Figure 3-15 Conifer Sawtimber Removals Relative to Inventory, 2008-2014 – Pacific Coast/Northwest Region ................... 43 Figure 3-16 Conifer Pulpwood Removals Relative to Inventory, 2008-2014 – Pacific Coast/Northwest Region .................... 43 Figure 3-17 Total Hardwood Removals Relative to Inventory, 2008-2014 – Pacific Coast/Northwest Region ....................... 46 Figure 3-18 Hardwood
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