US imports of hardwood plywood climb to 264,715 m3 in April, up 33% from March with surge in shipments from China to 170,984 from 61,058 m3 driving rebound; imports of furniture up, other wood products stable: ITTO
July 15, 2013
(International Tropical Timber Organization (ITTO))
– US imports of plywood, including imports from China, recovered in April after a steep drop in March. Furniture imports also grew, while imports of other processed wood products were largely stable compared to the previous month.
Hardwood plywood imports rebounded in April after a steep drop in March. Total hardwood plywood imports were 264,715 m3; in April, up 33% from March. Year-todate imports are 35% higher than in 2012.
The recovery in total imports was due to higher imports from China. China’s shipments increased from 61,058 m3; in March to 170,984 in April (+33% on a year-to-date basis).
Imports from Indonesia fell to 31,322 m3; in April, but year-to-date imports remain 99% above 2012. Imports from Malaysia also decreased from March to 9,046 m3; in April (+23% year-to-date).
Shipments from Ecuador fell to 11,871 m3; (+422% yearto- date), but Ecuador remains the third-largest supplier of hardwood plywood so far in 2013, after China and Indonesia.
Hardwood moulding imports increased in April following two months of low import volumes.
The US imported $14.2 million worth of hardwood moulding (-14% year-to-date). Imports from China increased to $4.7 million, but year-to-date imports from China remain 22% below 2012. Hardwood moulding imports from Brazil decreased to $2.6 million (-28% yearto- date).
US imports of assembled flooring panels remained steady in April at $7.2 million. However, year-to-date imports are 11% lower than in 2012. Imports from China increased slightly but they remain far below 2012 imports. China’s shipments were $3.3 million (-25% year-to-date).
Hardwood flooring imports continued to decline and total imports fell to just under $2.0 million in April. Year-todate imports are still 20% higher than in 2012. Malaysian hardwood flooring shipments to the US increased to $0.7 million in April (-35% year-to-date).
Source: Tropical Timber Market Report, International Tropical Timber Organization.