September 6, 2017
Slowing pace of EU tropical timber imports during first half
The slowdown in EU imports of tropical timber products registered in the first quarter of 2017 continued into the second quarter. Twelve monthly rolling average imports, which peaked at just below Euro196 million in June 2016, fell to Euro183 in June 2017. Most of the rise and subsequent slowdown in EU tropical imports was driven by sawn wood. (Chart 1). The decline in EU tropical wood imports this year is, in some ways, even more troubling than other larger downturns which have regularly afflicted the European trade in the last decade. The ...
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