Extremely slow start to year for EU27 imports of tropical sawnwood

June 05, 2024
Source:
ITTO/Fordaq
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The EU27 imported 168,400 cubic metres of tropical sawnwood in the first quarter this year, 28% less than the same period in 2023. Import value of this commodity was US$151 million in the first quarter this year, 31% less than the same period in 2023.

Imports declined from all leading supply countries during the period including Cameroon (-23% to 64,500 cubic metres), Gabon (-39% to 27,500 cubic metres), Republic of Congo (-29% to 19,600 cubic metres), Brazil (-26% to 19,200 cubic metres), Malaysia (-22% to 11,700 cubic metres), Ecuador (-19% to 3,900 cubic metres), Ghana (- 37% to 3,700 cubic metres), Côte d’Ivoire (-17% to 2,500 cubic metres), and the Central African Republic (-36% to 2,000 cubic metres).

The EU27 imported 27,800 tonnes of tropical mouldings/decking in the first quarter this year, 11% less than in the same period in 2023. Import value of this commodity was down 21% to US$49 million in the same period.

During the first quarter imports increased year-on-year from Peru (+11% to 2,800 tonnes) but fell from all other leading supply countries including Brazil (-1% to 9,700 tonnes), Indonesia (-4% to 8,700 tonnes), Gabon (-44% to 2,400 tonnes), Malaysia (-27% to 1,200 tonnes), and Bolivia (-22% to 800 tonnes).