Daily News / Global Trends / Market Analysis / Statistics / Wood Products / Wood-based panels / Europe / Global
February 28, 2019
Destabilising effect of Brexit on the EU plywood market
The destabilising effect of Brexit for the UK and Europe more widely is expected to grow as the deadline date of March 29 for the UK to leave the EU approaches. In the event of a no-deal Brexit, plywood trade between the UK and the rest of the EU would become subject to duty equivalent to the current external tariff on EU imports – that is between 6% to 10% depending on the product. UK customs have said they will allow cargo to be temporarily ‘waved through’ 20 ports without checks in ...
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