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January 9, 2018

EU tropical imports sliding again

EU tropical imports sliding again
While there are clear signs that the EU economy is picking up EU trade in tropical timber continues to slide. Market demand within in producer countries and other non-EU consuming markets are now probably more important drivers of trade volumes into the EU than the current and potential level consumption in the region.  With tropical wood supplies constrained globally and strong demand elsewhere, particularly in China, and the additional challenge of satisfying EUTR due diligence requirements in the EU, tropical suppliers seem more inclined to focus on other markets.  The total value of EU imports ...

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