China’s share of hardwood plywood imports falls

16 April 2018

China's share of US hardwood plywood imports dropped to 18% in January, a dramatic change from its 60% share in January 2017 before the US imposed antidumping and countervailing duties

Indonesia, Vietnam, and Cambodia gained the most share but are still relatively small. Plywood imports from Indonesia were 29% higher than in January 2017 and the value increased by 40%. Imports of solid and engineered wood flooring declined from the previous month.

Following three years of recovery, EU imports of hardwood veneer from the tropics declined 6% to 310,000m3  in 2017 while imports of veneer from temperate countries rose 17% to 262,000m3 in 2017.

Imports from Ukraine and Russia led temperate veneer imports, driven in part by weak exchange rates.