Swedish softwood lumber exports down 6% in February

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Fordaq
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The Swedish sawmills have exported 1.1 million cubic meters of sawn and planed lumber during February 2017, 6% less than in the same period last year.

In particular, supplies to Africa and the Middle East have declined. Looking at both months of the current year, the export volume rose slightly by 1%, to 2.1 million m3. This means that the exports volume in January was almost identical to that in February. The deliveries to Africa have also declined significantly for both months, while those in East Asia have markedly increased.

1.000 m3 February 2017 % Change-Monthly Jan.-Feb. 2017 % Change-Yearly
Europa 691,1 -1% 1.290,9 2%
Africa 187,4 -10% 301,2 -20%
Middle East 43,3 -10% 81,8 3%
East Asia 167,3 0% 361,0 17%
America 17,5 -67% 70,9 15%
Oceania 4,1 -37% 6,4 -12%
Total 1.111,0 -6% 2.112,0 1%

As usual, the main destination is the United Kingdom, followed by China. The delivery volume has increased by almost 30%. Exports to the Netherlands were up by 8%, while deliveries to Egypt and Germany dropped significantly by -19% and -13% respectively.

1.000 m3 February 2017 % Change - Monthly 2017 Total % Change - Yearly
UK 233,4 10% 424,8 3%
China 85,8 27% 180,7 28%
Netherlands 86,6 3% 163,5 8%
Egypt 93,1 -2% 152,6 -19%
Germany 75,3 -23% 145,6 -13%
Norway 75,4 9% 144,3 21%
Denmark 69,6 -15% 137,1 -4%
Japan 56,2 -22% 121,9 5%
Algeria 51,1 11% 84,0 -9%
France 40,3 11% 69,6 5%

The average price for the exported wood is 1,828 SEK / m3 FOB in February, converted at 193,08 EUR / m3 (as of February 15, 2017). This means that it rose by 3.8% compared to February 2016.

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