News archive

Tag: Import

Tight timber and panel product supply conditions to continue into 2021: Timber Trade Federation

14-12-2020
United Kingdom, trade, export, import, supply

The very challenging situation for the timber supply chain in 2020, affected by pandemic-related issues and massive changes in market dynamics, and exacerbated by high levels of global demand for timber and wood products, is setting the scene for continuing tight timber supply conditions certainly into Q2 2021, if not longer, warns the Timber …

ITTO: EU plywood trade recovery faster than expected

12-10-2020
Europe, plywood, import, distribution, market

It’s still too early to say for sure, but it’s variously estimated by European plywood importers and distributors that the Covid-19 pandemic will slice 10% to 20% off their 2020 bottom line, reported the International Tropical Timber Organization (ITTO).  Trade has since seen a bounce back, varying in degree from country to …

China: Log imports down 60% in the first half of 2020

17-09-2020
China, Logs, Import, Economy

Image: Pixabay China’s log imports fell sharply in the first half of 2020 to 24.51 million cubic metres valued at $3.558 billion, down 60% in volume and 62% in value from the same period of 2019, ITTO reported. Of total log imports, softwood log imports fell 61% to 17.64 million cubic metres, accounting for 72% of the national total. …

China's softwood lumber imports see 42% increase in Q2 2020

09-09-2020
China, Softwood, Import

According to forest industry insight by Wood Resources International, China increased importation of softwood lumber by 42% quarter-on-quarter in Q2 2020, reaching 7.1 million cubic metres. This large increase followed a quarter where import volumes had fallen to a four-year low. As estimated 8% of globally traded lumber is shipped to the Middle …