Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Europe / Global / North America
September 20, 2021

Declining availability of US hardwood for Europe

Declining availability of US hardwood for Europe
US hardwood supply to Europe in the last six to nine months was described by importers as turbulent. According to Judd Johnson, editor of the Hardwood Market Report, quoted in a recent article in the UK Timber Trades Journal, the American hardwood sector entered the pandemic in a ‘diminished state’.    It was hit first by tariffs in the US-China trade war and subsequently a general weakening of Chinese demand when trade relations improved. Mill capacity was then significantly further reduced by Covid absenteeism and what some saw as the government ‘paycheque protection programme’ a disincentive ...

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