End of the ‘magic pudding’ era of timber supply: what peak capacity means for you!
The last two years have startled the housing market and timber supply chain into understanding there is no magic pudding of endless global timber supply, just waiting for demand to gobble it up.
In fact, the recent experience is that like waiting politely for the pudding to come around at a large family Christmas, those who fail to be in the right position or who wait meekly are likely to miss out altogether, and not merely to the older and bigger cousins at the other end of the table.
Perhaps the metaphor wears a little thin, but it is not the first time we have used it to describe the desperation over timber supply challenges over the last two years. That at least is how it feels right now.
The reason it feels this way is because – for many it is the first time they have had the experience – the relative scarcity of resource will now be an ever-present issue.
In a recent analysis as part of our ongoing support for Australia’s frame and truss fabricators and their supply chain, we addressed demand for timber, capacity limitations and the impact on the timber supply chain and the building process.