According to government data, Canada leads the way with 460,000 cubic metres of softwood (an increase of 37% or 25% of total imports), followed by Sweden with 369,000 cubic metres (up 36%), Finland with 289,000 cubic metres (up 5%), and Russia, one of the few Western countries that has not enforced sanctions, with 265,000 cubic metres (also up 12%).
Japan's Softwood Lumber Imports Up 23%
According to the report from the Japanese Ministry of Finance, Japan softwood lumber imports increased by 23 percent year-on-year to 1,856 thousand cubic metres for the year to June – with global importers now commanding the world’s highest prices ($353 per cubic metre), more than compensating for the higher costs faced by European and North American timber mills.
