China's lumber imports reach 4.35 million m3 in Q1, up 55% from last year, Canada is largest supplier accounting for 1.41 million m3, U.S. lags Russia at 0.52 million m3

LOS ANGELES , June 10, 2011 () – Lumber imports to China in the first three months totaled 4.35 million m3, worth US$1,125.9 million, representing a volume increase of 55% and a 69.2% increase in value compared to the same period of 2010, Fordaq Network reported on June 9.

The top five suppliers of lumber to China were:

  • Canada, which imported 1.41 million m3 worth $285.8 million; up 45.5% in volume and 116.7% in value;
  • Russia, which imported 1.19 million m3 worth $ 252.9 million; up up 61% in volume and 72% in value;
  • the U.S., which imported 0.52 million m3 worth $ 179.9 million, up 104.9% in volume and 93.5% in value;
  • Thailand, which imported 0.3 million m3 worth $107.4 million, down 2.5%  in volume but up 12.6% in value;
  • Indonesia, which imported 0.16 million m3 worth $ 46 million.
Plywood imports in the quarter totaled 44,800 m3, valued at $26.3 million. This represented a volume increase of 11% and a 20% value increase compared with Q1 last year.

Total log imports in Q1 were 9.7 million m3, valued at $1,738.7 million, up 26.8% in volume and 36.4% value compared with the same period last year.

Softwood log imports were 6.93 million m3, worth $1,006 million, representing an increase of 34.7% in volume and 62% in value from the previous year; the Fordaq Network reported on June 9, citing data from the International Tropical Timber Organization.

Hardwood log imports grew 10.5% in volume to 2.78 million m3, worth $732.5 - a value increase of 12.0%.

Of the hardwood logs imported, 2.17 million m3 were tropical, valued at $ 514.5 million. This represented a volume increase of 6.9% and an increase in value of 4.5% over 2010.

The top 10 suppliers of logs to China in Q1 are listed in the table below which has been compiled using data from China customs.

Supplier Volume (1000 m3) Proportion % Change %
Total imports 9,704.2 100 26.8
Russia 3 623.6 37.3 2.8
New Zealand 1,873.7 19.3 44.4
PNG 815.6 8.4 34
USA 719 7.4 79
Canada 490.2 5.1 378.7
Solomon Islands 485.3 5 30.9
Australia 327.4 3.4 52.3
Myanmar 239 2.57 77.4
Congo 142.1 1.5 --
Malaysia 136.6 1.4 --

The primary source of this article is the Fordaq Network, Brussels, on June 9, 2011.

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