Hrdwood

China increases hardwood plywood market share in US

US imports of hardwood plywood increased 12% in 2015 compared to the previous year. A total of 3.25 million cu.m. of hardwood plywood were imported in 2015. The antidumping duties on Chinese plywood were removed in November 2013, but imports did not recover until 2015. China exported 1.80 million cu.m. of plywood to the US in 2015. Its share in total US plywood imports grew from 52% in 2014 to 55% in 2015. All other major sources of hardwood plywood increased shipments to the US in 2015, with the exception of Ecuador. Imports from Ecuador fell by almost half to 88,342 cu.m. Indonesia remained the second-largest source of imports in 2015 at 491,965 cu.m., up 10% from the previous year. Imports from Malaysia grew 7% from 2014 to 78,627 cu.m. Imports of hardwood plywood from countries other than Malaysia and Indonesia increased by 21% in 2015. Of the others, Europe was the most... Continue reading →