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July 13, 2022

UK’s demand for softwood likely to slow in Q3 and Q4

Steady demand and increasing operational costs ensured that timber prices and import volumes in UK remained firm in April 2022.  Softwood witnessed a strong start to Q2, with volumes reaching 608,000m3 in April 2022. Despite being 18% lower than the record import level seen in April 2021, this is one of the highest totals in the last five years.  UK hardwood imports have been strong, with 2022 January to April totals 19% higher than the corresponding period in 2021.  Steady demand was also seen for plywood, particleboard and OSB sectors in April.  ...

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