The pine beetle’s impact on British Columbia timber to 2028 is outlined in a new report from International Wood Markets.

BC Interior: mountain pine beetle attack, produced by International Wood Markets Group and consultants Jim Girvan and Murray Hall, says the repercussions of the pine beetle’s devastation will be felt in the US and export markets as it affects supply and prices rise.

It likens the “unprecedented supply shock” to the impact of concerns over the spotted owl in the 1990s.

“The mountain pine beetle outbreak is becoming one of the world’s largest natural disasters and it will have a direct effect on global timber and wood product industries,” said International Wood Markets Group.

“The loss of production in BC will rattle the traditional trade of SPF lumber and panels around the world, creating opportunities for various suppliers in and outside of North America.”

The report, which will be published in March, can be ordered from www.woodmarkets.com.