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March 17, 2016

China: Minor rise in 2015 sawnwood imports volumes, but prices slip

Data from China Customs shows that there was a slight rise in sawnwood imports in 2015. China’s 2015 sawnwood imports totalled 26.08 million cubic metres valued at US$7 billion, a year on year increase of 2% in volume but an 8% decline in value. The average price for imported sawnwood was US$285 per cubic metre, down 10% in 2015.
Of total sawnwood imports, sawn softwood imports fell 3% to 14.11 million cubic metres, accounting for 54% of the national total. The average price for imported sawn softwood was US$196 per cubic metre, down 10% year on year.
However, the data shows a 7% rise in sawn hardwood imports to 11.97 million cubic metres.The average price for imported sawn hardwoods was US$389 per cubic metre, down 12% year on year.
Of total sawn hardwood imports, tropical sawnwood imports were 4.77 million cubic metres valued at US$2.1 billion, up 15% in volume but down 6% in value and accounted for 18% of the national total.
The average price for imported tropical sawnwood was US$432 per cubic metre, a year on year decline of 19%.
China’s sawnwood imports in 2015

2015 in million cubic meters Change in % 2014/2015 Value in US$ billion
Total imports 26,080,000 2% 7,400.000.000
Sawn softwood 14,000,000 -3% 2,800,000,000
All hardwoods 11,970,000 7% 2,600,000,000
of which tropical 4,770,000 15% 2,100,000,000

Data source: China Customs
 
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