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American OSB production deficit

North American production of OSB for 2006 was 26.42 billion SqFt (3/8” basis), up from 26.15 billion SqFt in 2005, and 25.37 billion SqFt, in 2004. For 2009, Resource Information Systems, Inc. (RISI) is forecasting a North American OSB production of 33.1 billion SqFt.

The U.S. produced only 14.96 billion SqFt (3/8” basis) of OSB in 2006 (57% of North American production), and is expected to produce only 19.4 billion SqFt (3/8” basis) of OSB in 2009 (59% of North American production).

Yet, the U.S. market consumed 25.3 billion SqFt (3/8” basis) of OSB in 2005 (97% of North American production), and is expected to consume 31.6 billion SqFt in 2009 (95% of North American production), resulting in a huge production deficit.

          The U.S. produces only 59%                     Yet, the U.S. consumes 95%

             of North American OSB                             of North American OSB

Sources: Annual Historical Data. North American Wood Panels. Resource Information Systems, Inc. (RISI)

Global Wood, Industry News & Markets, North American Lumber Market, 1-15th Aug. 2006

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