News archive

Tag: import

Russia could swamp Australasian markets with high grade timber

01-08-2019
timber, exports, imports, Russia

Russia is emerging as a major timber exporter that could potentially swamp markets in Australia and New Zealand, a forestry conference has been told. Dennis Nielson, director of NZ-based consultancy DANA, said Russia as a country was overwhelming in its scale, with a forestry industry to match. Mr Nielson, who has written a 500-page report on …

U.S. import of wooden furniture catches up

25-07-2019
U.S. imports, 2018, wooden furniture

The volume of U.S. imports of wooden furniture grew by 17% in May, surging ahead of 2018 year to date for the first time this year. Imports from China, Vietnam, Malaysia and Mexico all rose by more than 10%. Year to date, imports from Vietnam and Malaysia are up 29% and 13% respectively, reported Global Wood. The results of the Smith Leonard …

Vietnam's Increasing Timber Imports

15-07-2019
Vietnam, Import

KUCHING: Vietnam, a major importer of Sarawak logs and timber products, has a blossoming downstream processing industry. Vietnam has been rapidly expanding its processing sector by increasing its imports of primary wood products, especially hardwoods, from over 100 countries.  In 2018, Vietnam’s wood processing industry imported …

China reports decline in 2018 sawnwood imports

25-04-2019
China, sawnwood, import, softwood, hardwood

According to China Customs, 2018 sawnwood imports totalled 36.74 million cubic metres valued at US$10.13 billion, a year on year decline of two per cent in volume and a slight increase (one per cent) in value. The average price for imported sawnwood was US$216 per cubic metre, up two per cent on 2017. Both sawn softwood and sawn hardwood imports …

Log Distribution Limited NZ opens to improve log exports

09-04-2019
New Zealand, forestry, import & export

Four forestry companies operating in the Wairarapa region of New Zealand have announced the formation of Log Distribution Limited, a joint venture company which commenced operations on 1 April 2019. Log Distribution Limited is a collaboration between FOMS Ltd, Forest Enterprises Growth Ltd, Wairarapa Estate Ltd and Norsewood Estate Ltd which aims …

Log imports to China reached record high in 2018

01-04-2019
China, import

China had another record year of softwood log imports in 2018, when over 40 million m3 of logs landed at Chinese ports. This was the third consecutive year of year-over-year increases, with 2018 volumes being up 37 per cent from 2015. Although import volumes fell slightly from the third quarter of 2018 to the fourth quarter of the year, the …

Jump in landed cost of North America logs

14-09-2018
landed cost, timber, China, trade war, plywood, import, Japan

Traders in China are blaming the depreciation of RMB and the trade war between China and the U.S. for the 30 per cent jump in the landed cost of imported North American logs. Despite the lowered log prices by U.S. shippers to maintain market share in China, the higher costs continue to be a major challenge to Chinese importers. However, landed …