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June 16, 2022
UK boosts imports of lower-priced Latvian hardwoods
UK hardwood import volumes shot up by 30% in Q1 2022 as compared to the same period in 2021 - the highest Q1 import volumes seen for this market during this century. This growth was largely driven by lower-priced temperate hardwoods from Latvia, which saw a 15% rise in volumes compared to Q1 2021. French oak also experienced considerable increases where imports more than doubled to reach 21,300m3, accounting for 41% of all oak imports. Overall, UK's oak import volumes grew by 38% and their value ...
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