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November 16, 2017
UK sawn hardwood market holds up well despite Brexit concerns
While imports of tropical sawn hardwood into the eurozone countries have failed to live up to expectations in 2017, having declined as economic growth has revived, imports into the UK have followed the opposite trajectory. UK imports of tropical sawn hardwood have held up well this year despite slowing economic growth. The UK imported 70,475 cu.m of sawn tropical hardwood in the first 8 months of 2017, marginally more than 70,322 cu.m imported in the same period in 2016. Chart 1 puts the UK’s relatively strong imports ...
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