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February 17, 2016

EU tropical plywood imports static in 2015

EUtropicalplywoodimportsThe EU imported 367,000 m3 of tropical plywood in the first 11 month of 2015, the same as in the previous year. However there was growth in EU import value of plywood (+8.7% to €194.1 million) during the period as import prices were higher in 2015 due to the weak euro. The euro was on average 16% down on the dollar in 2015 compared to 2014.
EU imports of plywood in the first 11 months of 2015 were down from both Malaysia and Indonesia, the two largest suppliers. Imports from Malaysia were 7% less at 101,200m3 during the period.
EU imports from Malaysia were nearly matched by those from Indonesia which, at 98,900 cu.m, were only 2% less than the previous year.
China supplied 85,000 cu.m of plywood with a tropical wood face to the EU in the first 11 months of 2015, 3% more than the same period the previous year. There was also a 16% rise in imports from Brazil but, at only 16,100 cu.m, the volume remains low.
 
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