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May 1, 2024

China’s timber import market slowly recovering in the first quarter

According to the latest data released by China's General Administration of Customs, the country's total timber imports exceeded US$3 billion in the first quarter of 2024, a decrease of 3.05% year-on-year, and a 4.2% increase in imports sequentially from the fourth quarter of 2023; the total volume of imports reached 15.56 million cubic meters, a decrease of 1.47% year-on-year, which was lower than the market's expectations.

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