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January 31, 2023

European countries grow lumber supplies to Japan in 2022

In 2022, Japan’s imports of lumber edged up 1.2% to 4.9 million m3. The value of imports grew 18.0% to $3.0 billion. The average price for lumber expanded 17% to $614 per m3.    Despite market stayed flat, European companies managed to increase lumber shipments to Japan by 19.5%, while exports from Canada and Russia declined by 23.5% and 8.1%, respectively. Exports of lumber from EU to Japan reached 2.6 million m3 in 2022.    Canada’s share amounted to 19.1% (-6.2 pp ...

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