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8    MARKET BEATS                                                                 MAR/APR 2025 FDM ASIA | www.fdmasia.com






          (+69 percent to US$4.6 million).                   (DRC) (-42 percent to 7,600 cu m), Suriname (-20 percent to
            However, last year, imports of joinery products fell by nine   7,200 cu m), Indonesia (-4 percent to 6,300 cu m), and the
          percent to US$61.8 million from Malaysia. Indirect imports from   Central African Republic (-56 percent to 5,600 cu m).
          the UK also declined, by seven percent to US$5.2 million.  Regarding tropical mouldings, the EU27 reduced its imports

                                                             by three percent to 131,300 tonnes in 2024, reaching another
          Malaysia was the second-largest supplier of joinery   record low, while import value fell by 10 percent to US$232.3
          products to Europe last year                       million. The decline was driven by a fall in shipments from
          In 2024, the EU27 cut its imports of tropical sawnwood by   Brazil (-9 percent to 43,900 tonnes) and Gabon (-21 percent to
          14  percent to  726,000  cubic  metres,  the lowest level ever   8,300 tonnes). However, imports increased during the year from
          recorded.                                          Indonesia (+10 percent to 45,000 tonnes), Peru (+16 percent
            This marks only the second time in history that EU imports   to 11,900 tonnes), and Malaysia (+3 percent to 6,500 tonnes).
          of tropical sawnwood have fallen below 800,000 cu m in a   On tropical logs, EU27 imports in 2024 plunged by 60
          year. The only other instance was in 2020, during the first   percent in volume to 37,000 cubic metres and fell by 62

          year of the pandemic when imports totalled 784,000 cubic   percent in value to US$21.9 million. The decline was mainly
          metres. The import value of this commodity was US$680.8   due to policy measures in Central Africa aimed at curtailing
          million in 2024, down by 13 percent from 2023.     log exports over the past two years. Log shipments from the
            Tropical sawnwood imports declined from nearly all leading   Central African Republic fell by 34 percent to 10,500 cubic
          supply countries, including Malaysia: from Cameroon (-16   metres, from the DRC slipped by 39 percent to 6,200 cubic
          percent to 276,800 cu  m), Gabon (-18 percent to 106,300   metres, from Cameroon dropped by 40 percent to 5,800 cubic
          cu m), Brazil (-7 percent to 91,200 cu m), Republic of Congo   metres, and from the Republic of Congo plummeted by 90

          (-21 percent to 73,800 cu m), Malaysia (-7 percent to 64,100   percent to 4,600 cubic metres.
          cu m), Ghana (-16 percent to 17,200 cu m), Côte d’Ivoire (-34   In 2024, the EU27 increased its imports of tropical plywood
          percent to 9,300 cu m), the Democratic Republic of Congo   by six percent to 283,200 cubic metres, valued at US$205.7
                                                             million, compared to 2023. However, shipments from the No
                                                             1 supplier, Indonesia, dropped by 10 percent to 78,600 cubic
         pixabay                                             metres. On the other hand, imports from Malaysia surged by

                                                             39 percent to 6,400 cubic metres, while those from Vietnam
                                                             by 93 percent to 27,600 cubic metres.
                                                                For tropical wood furniture products, 2024 saw a recovery

                                                             in imports by EU countries, with an overall increase of seven
                                                             percent in volume to 285,500 cubic metres and a six percent
                                                             rise in import value to US$1,193 million. Shipments increased
                                                             from Vietnam (+9 percent to US$484.9 million), India (+16
                                                             percent to US$264.5 million), Malaysia (+19 percent to US$94
                                                             million), and the Philippines (+3 percent to US$8.3 million).
                                                                However, import value declined from Indonesia (-6 percent

                                                             to US$315.5 million), Thailand (-25 percent to US$14.4 million),
                                                             and Mexico (-15 percent to US$3.9 million).
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