Value of tropical wood product imports to EU falls to €1.91B in 2013, down 12.6% from 2012 and 50% below 2007 peak; sawn wood imports fall 13.2% to €633M, plywood drops 5.5% to €206M: ITTO

YOKOHAMA, Japan , April 2, 2014 () – The EU imported tropical wood products with a total value of €1.91 billion in 2013, 12.6% less than the previous year.

Between 2012 and 2013, import value declined across all product groups including:

  • sawn wood (down 13.2% to €633 million),
  • joinery products (down 8.8% to €208 million),
  • plywood (down 5.6% to €206 million),
  • mouldings and decking (down 26.4% to €177 million),
  • veneers (down 4.9% to €168 million),
  • flooring (down 21.7% to €88 million),
  • logs (down 15.6% to €83 million)
  • and other products (down 8.8% to €347 million). 
EU tropical wood import value last year was around 50% of the peak achieved in 2007 and is the lowest recorded in recent years.

Closer analysis of monthly data indicates that EU tropical wood imports hit a low of €150 million in December 2012 and then staged a brief recovery over the spring and summer period to reach a high of €169 million in May 2013.

However, monthly imports fell back again to only €148 million in December 2013 when there was a particularly sharp downturn in sawn hardwood imports. The fall in EU imports of tropical wood products in 2013 was part of a wider trend of declining imports across nearly all forest product groups, including sawn softwood, temperate hardwood products, wood furniture and pulp and paper. 

The source of this article is the ITTO Tropical Timber Market (TTM) Report March 16-31, 2014. This item is an extract of a major report on European wood product imports and tables have been removed. To see the full ITTO report, go to: http://www.itto.int/mis_download/

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