EU27 imports of tropical wood and wood furniture at 335,000 tonnes in the first quarter of this year were 4% down compared to the previous quarter and 22% less than in the same quarter last year.

This was the lowest quarterly import quantity recorded this century by the EU and quite possibly ever recorded by the EU since it was first formed (as the EEC) in 1957.

EU27 import value of tropical wood and wooden furniture in the first quarter this year was US$718 million, 6% more than the previous quarter but 20% down on the same quarter last year. Quarterly import value has fallen precipitously from a historic high of US$1274 million in the second quarter of 2022 at the peak of the post-COVID boom.