Japan’s plywood imports down 26% in Q1
27 August 2015There has been a steady decline in Japan’s plywood imports from the beginning of the year.
First quarter 2015 plywood imports were down 26% on Q1, 2014 and all three major supply countries booked losses for 2015, reports the International Tropical Timber Organization (ITTO).
First half 2015 imports of plywood by Japan from China, Malaysia and Indonesia were down 36%, 21% and 22%, respectively.
June 2015 imports from all three of the main suppliers fell even more sharply than in the first half year. Imports of plywood from China were down 33%, Malaysia saw a 27% drop while Indonesia recorded a 31% decline.
