China sees rise in sawnwood imports but not tropical sawnwood in 2019
According to data from China’s Customs, 2019 sawnwood imports totalled 38.11 million cubic metres valued at US$8.591 billion, a year on year increase of 4% in volume but a decline of 15% in value, reported ITTO.
Of total sawnwood imports, sawn softwood imports rose 15% to 28.62 million cubic metres accounting for 57% of the national total, down 11% on 2018.
Sawn hardwood imports fell 19% to 9.5 million cubic metres because China’s sawn hardwood imports from the top sources, Thailand and USA, fell 19% and 44% respectively.
Of total sawn hardwood imports, tropical sawnwood imports were 6.05 million cubic metres valued at US$2.126 billion, year on year a drop of 16% in volume and 21% in value and accounted for about 25% of the national total, up 5% on 2018 levels.
Decline in the average prices for sawnwood
The average price for imported sawnwood in 2019 was US$225 per cubic metre, a year on year decline of 18%.
The average price for imported sawn softwood was US$172 per cubic metre, down 14% year on year.
The average price for imported sawn hardwoods was US$386 per cubic metre, a year on year decrease of 11%.
The average price for imported tropical sawnwood was US$352 per cubic metre, down 5% year on year.
Rise in Russian sawn softwood imports
Russia was the main sawn softwood supplier to China in 2019 and China’s sawn softwood imports from Russia rose 9% to 17.03 million cubic metres and accounted for 60% of the national total, down 3% year on year.
In the meantime, China’s sawn softwood imports from Belarus, Germany, Sweden and Ukraine surged 393%, 349%, 136% and 101% respectively, however, imports from the US fell 34% mainly due to the China-US trade conflict.
Average prices for all sawn softwood suppliers fell at different rates. Average prices for imported sawn softwood from Sweden and Germany declined 65% and 22% respectively.
Surge in sawn hardwood from Canada
China’s 2019 sawn hardwood imports from the top sources declined and hardwood imports from Indonesia declined (44%). However, China’s sawn hardwood imports from Canada surged 56% to 170,000 cubic metres and from the Philippines and Germany imports rose 18% and 8% respectively.