EU Tropical Sawn Hardwood Imports Static

Yokohama, Japan: According to ITTO analysis, in 2016, EU imports of tropical sawn hardwood were 1.04 million cubic metres, unchanged from the previous year. The value of EU imports increased by two percent to €775 million.

 

 

The average unit value of tropical sawn hardwood imports into the EU in 2016 was €747 per cubic metre, up from €730 per cubic metre the previous year.

 

The volume of EU imports of tropical sawn timber remains stalled at historically very low levels. Importvolume in 2016 was 12 percent higher than the all-time low of 930,000 cubic metres recorded in 2013 but remains 40 percent below the levels prevailing before the global financial.

 

The share of tropical in total EU sawn hardwood imports declined from 46.5 percent in 2015 to 45.6 percent in 2016, continuing a long term downward trend.

 

In 2016, EU imports of temperate sawn hardwood increased 3 percent to 1.24 million cubic metres. This was mainly due to a13 percent increase in EU imports of sawn oak from Ukraine in response to tighter controls on log exports from that country and extreme weakness of the Ukrainian currency.

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