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  • According to China Customs data, China imported 17 million cubic metres of sawnwood in the first half of 2020, a decline of 8% compared with the same period in 2019, at a value of US$3.7 billion (a drop of 17%, year-on-year).

The average price of imported sawnwood was US$217 per cubic metre, down by 7% over the same period in 2019.

Sawn softwood imports fell by 10% in the first six months of 2020, to 12.7 million cubic metres, which was 75% of the total volume of imported sawnwood. The average price of imported sawn softwood was US$171 per cubic metre, down by 6% over the same period in 2019.

Sawn hardwood imports fell by 9% to 4.3 million cubic metres in the same period, with volumes falling from Thailand by 7%, from the United States by 15% and from the Russian Federation by 34%. The average price of imported sawn hardwoods in the first half of 2020 was US$358 per cubic metre, down by 9% over the same period in 2019.

Russian Federation the major sawn softwood supplier to China

The Russian Federation was the main sawn softwood supplier to China in the first half of 2020, despite a fall in volume of 12%, to 7.63 million cubic metres, which was 60% of the national total. Meanwhile, China’s sawn softwood imports surged from Belarus (up by 147%), Sweden (+50%), Germany (+47%) and Ukraine (25%).

Average prices dropped for almost all sawn softwood suppliers in the first six months of 2020 – including by 28% from the United States, by 22% from Canada and by 20% from Sweden. In contrast, average prices for imported sawn softwood rose by 2% from the Russian Federation.

The post China’s sawnwood imports dropped sharply in H1/2020 appeared first on Timber Industry News.