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March 8, 2016

China: Prices for imported softwood logs

According to official data from China Customs a sharp drop in Chinese log imports was recorded in 2015. China’s log imports in 2015 totalled 44.55 million cubic metres valued at US$8 billion, a year on year decline of 13% in volume and 32% in value.
The average price for imported logs was US$181 per cubic metre. Of total log imports, softwood log imports fell 16% to 30.06 million cubic metres, accounting for 67% of the national total.
The average price for imported softwood logs was US$122 per cubic metre in 2015, down 20% from 2014. The rate of decline for softwood log imports was larger than that for hardwood log imports.
Average softwood log prices in 2015

Average price US$/m3 Change in % 2014/2015
New Zealand 113 -21%
Russia 114 -13%
USA 164 -18%
Australia 98 -25%
Canada 154 -20%
Ukraine 115 -13%
Japan 123 -10%
Belarus 110 -12%
France 121 -24%
North Korea 118 -1%

 
Softwood log sources

2015 imports m3 mil. Change in % 2014/2015
New Zealand 10.72 -8%
Russia 8.99 -10%
USA 3.54 -36%
Australia 2.48 16%
Canada 2.34 -23%
Ukraine 0.84 -46%
Japan 0.43 42%
Belarus 0.18 25%
France 0.12 -59%
North Korea 0.12 35%

 
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