Japan’s wood export in 2017 up 37%

Japan shipped a total of 32.6 billion yen worth of wood products in 2017, up 37 per cent compared to 2016.

In terms of product categories, logs accounted for 970,000cbms, 49 per cent more; lumber, 130,000cbm, 49 per cent more.

Wood from Japan has been on the upward trend since 2013. The total value in 2013 was 12.37 billion yen then, three times less than the current value reached last year.

Log exports to China in particular expanded the fastest in 2017. The value of log exports to China in 2017 was 10.3 billion yen, 84 per cent more, while the volume of log exports was 780,000cbm, 62 per cent more.

The average value per cbm was 13,271 yen compared to 11,701 yen in 2016.

Log exports to Korea in 2017 was 130,000cbm, a 29 per cent increase. The value of these exports also climbed 22 per cent to 2.3 billion yen. Since Korea buys a lot of cypress, the average value per cubic metre was high at 17,384 yen.

Log exports to Taiwan fell in volume but the value increased, with an average unit price per cbm of 16,000 yen, 3,084 yen more.

 

Source: ITTO