Imports
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Finland imports of wood chips and logs from Russia fell from record to zero
Imports of wood chips and logs to Finland from Russia fell from an all-time high in 2020 to zero in late 2022 Finnish pulpmills and sawmills have long been dependent on imported wood raw-material to meet their wood fiber needs. In 2021, as much as 23% of the pulp sector relied on foreign logs and wood chips, predominantly from neighboring countries. From 2018 to 2021, the total import volume was over 11 million m3 annually, with hardwood logs accounting for about 50% of the volume. However, the stable foreign fiber supply changed swiftly in early 2022. Finland’s wood raw-material imports from Russia fell dramatically in 2022 following many years of active trade between the two countries. In 2021, Russia decided to halt softwood log exports starting January 1, 2022 to support the domestic forest industry with lower-cost wood raw-material. Hardwood logs and wood chips were... Continue reading
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March 23, 2023
Finland imports of wood chips and logs from Russia fell from record to zero
Imports of wood chips and logs to Finland from Russia fell from an all-time high in 2020 to zero in late 2022 Finnish pulpmills and sawmills have long been dependent on imported wood raw-material to meet their wood fiber needs. In 2021, as much as 23% of the pulp sector relied on foreign logs and wood chips, predominantly from neighboring countries. From 2018 to 2021, the total import volume was over 11 million m3 annually, with hardwood logs accounting for about 50% of the volume. However, the stable foreign fiber supply changed swiftly in early 2022. Finland’s wood raw-material imports from Russia fell dramatically in 2022 following many years of active trade between the two countries. In 2021, Russia decided to halt softwood log exports starting January 1, 2022 to support the domestic forest industry with lower-cost wood raw-material. Hardwood logs and wood chips were... Continue reading
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February 14, 2023
China: Imported timber prices fall as construction activity is slow
A week after the start of construction season, the price of imported timber in China has trended downwards. The current construction site activity is not as expected, resulting in cold demand for lumber and slow de-stocking, which suppresses the price of imported timber. The price of NZ imported radiata pine in Jiangsu fell by 10 yuan/cubic, hemlock and white pine fell by 20 yuan/cubic. In Shandong, 2-meter and 4-meter the price of radiata pine fell by 50 yuan/cubic, and 3-meter radiata pine fell by 70 yuan/cubic; white pine/spruce and hemlock fell by 30 yuan/cubic. The price of radiata pine in Fujian fell by 20 yuan/cubic, and Pinus sylvestris and white pine fell by 80 yuan/cubic. Radiata pine price in Guangdong fell by 30 yuan/cubic, and white pine fell by 70 yuan/cubic. Southern pine in Hainan increased by 100 yuan/cubic, and white pine rose by 50 yuan/cubic. 1... Continue reading
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March 21, 2023
Price increases drive up EU27 tropical wood imports
In 2022 the EU27 imported 1.94 million tonnes of tropical wood and wooden furniture products with a total value of US$4.37 bil. respectively 10% and 18% more than the previous year. Compared to the pre-pandemic level of imports in 2019, imports last year increased 36% in value terms but only 6% in quantity terms. Chart 1 shows EU27 trade trends for the period 2004 to 2022 puts last year's trade figures into long term perspective. The only other increase in tropical wood import value comparable to the 2021-2022 period occurred in 2006-2007 when abundant liquidity and a real estate boom created a bubble economy immediately preceding the financial crash of 2008-2009. However, unlike in 2006-2007, the actual quantity of EU27 imports of tropical wood and wooden furniture products last year was only marginally above the long term average which has remained broadly stable at around 1.8... Continue reading
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January 26, 2023
China’s softwood lumber imports down 13% in 2022; prices rise
In 2022, China’s imports of softwood lumber decreased 13% year-on-year to 16,7 million m3. The value of imports lost 10% to $4 billion. Average price of softwood lumber gained 4% to $234 per m3. Russia’s share amounted to 71% of China’s total softwood lumber imports in 2022. Russia is China’s biggest softwood lumber supplier with second-ranked Finland at 5% of total exports, while Canada takes 4% and Sweden 4%. Supplies from Finland increased by 33% to 882 thousand m3, supplies from Canada dropped by 57% to 695 thousand m3. Russia decreased softwood lumber exports to China by 8% in... Continue reading
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March 20, 2023
Latest trends in China’s plywood market
According to the statistics from the Academy of Industry Development and Planning under the National Forestry and Grassland Administration and the China Forestry Products Industry Association (CFPIA), both the number of enterprises and production capacity of China’s plywood industry declined slightly in 2022. There were more than 10,800 plywood manufacturing enterprises (down 14% year on year) at the end of 2022 with a production capacity of 208 million cubic metres per year, down 6.3% over 2021. Shandong Province was the largest in terms of plywood production capacity and enterprise numbers in 2022. There were 3,550 mills with a capacity of 56 million cubic metres. The production capacity for polyurethane adhesives, beanbased protein adhesives, lignin adhesives, starch-based adhesives, thermoplastic resin adhesive film and other formaldehyde-free plywood products... Continue reading
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March 21, 2023
Price increases drive up EU27 tropical wood imports
In 2022 the EU27 imported 1.94 million tonnes of tropical wood and wooden furniture products with a total value of US$4.37 bil. respectively 10% and 18% more than the previous year. Compared to the pre-pandemic level of imports in 2019, imports last year increased 36% in value terms but only 6% in quantity terms. Chart 1 shows EU27 trade trends for the period 2004 to 2022 puts last year's trade figures into long term perspective. The only other increase in tropical wood import value comparable to the 2021-2022 period occurred in 2006-2007 when abundant liquidity and a real estate boom created a bubble economy immediately preceding the financial crash of 2008-2009. However, unlike in 2006-2007, the actual quantity of EU27 imports of tropical wood and wooden furniture products last year was only marginally above the long term average which has remained broadly stable at around 1.8... Continue reading
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March 21, 2023
Price increases drive up EU27 tropical wood imports
In 2022 the EU27 imported 1.94 million tonnes of tropical wood and wooden furniture products with a total value of US$4.37 bil. respectively 10% and 18% more than the previous year. Compared to the pre-pandemic level of imports in 2019, imports last year increased 36% in value terms but only 6% in quantity terms. Chart 1 shows EU27 trade trends for the period 2004 to 2022 puts last year's trade figures into long term perspective. The only other increase in tropical wood import value comparable to the 2021-2022 period occurred in 2006-2007 when abundant liquidity and a real estate boom created a bubble economy immediately preceding the financial crash of 2008-2009. However, unlike in 2006-2007, the actual quantity of EU27 imports of tropical wood and wooden furniture products last year was only marginally above the long term average which has remained broadly stable at around 1.8... Continue reading
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February 14, 2023
China: Imported timber prices fall as construction activity is slow
A week after the start of construction season, the price of imported timber in China has trended downwards. The current construction site activity is not as expected, resulting in cold demand for lumber and slow de-stocking, which suppresses the price of imported timber. The price of NZ imported radiata pine in Jiangsu fell by 10 yuan/cubic, hemlock and white pine fell by 20 yuan/cubic. In Shandong, 2-meter and 4-meter the price of radiata pine fell by 50 yuan/cubic, and 3-meter radiata pine fell by 70 yuan/cubic; white pine/spruce and hemlock fell by 30 yuan/cubic. The price of radiata pine in Fujian fell by 20 yuan/cubic, and Pinus sylvestris and white pine fell by 80 yuan/cubic. Radiata pine price in Guangdong fell by 30 yuan/cubic, and white pine fell by 70 yuan/cubic. Southern pine in Hainan increased by 100 yuan/cubic, and white pine rose by 50 yuan/cubic. 1... Continue reading
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March 23, 2023
Finland imports of wood chips and logs from Russia fell from record to zero
Imports of wood chips and logs to Finland from Russia fell from an all-time high in 2020 to zero in late 2022 Finnish pulpmills and sawmills have long been dependent on imported wood raw-material to meet their wood fiber needs. In 2021, as much as 23% of the pulp sector relied on foreign logs and wood chips, predominantly from neighboring countries. From 2018 to 2021, the total import volume was over 11 million m3 annually, with hardwood logs accounting for about 50% of the volume. However, the stable foreign fiber supply changed swiftly in early 2022. Finland’s wood raw-material imports from Russia fell dramatically in 2022 following many years of active trade between the two countries. In 2021, Russia decided to halt softwood log exports starting January 1, 2022 to support the domestic forest industry with lower-cost wood raw-material. Hardwood logs and wood chips were... Continue reading