Softwood sawn lumber dominate China’s wood products exports in 1H/2017

It appears that China’s sawnwood imports have again increased in the first half of 2017, totalling 18.12 million cbm valued at US$4.75 Bn, a year-on-year increase of 16 per cent in volume and 24 per cent in value.

The average price for imported sawnwood in the first half of 2017 was US$262 per cubic metre, up 7 per cent over the same period of 2016. Of total sawnwood imports, sawn softwood imports rose 37 per cent to 12.41 million cbm, accounting for 68 per cent of the national total. The average price for imported sawn softwood in the first half of 2017 was US$192 per cubic metre, up 12 per cent over the same period in 2016.

On the other hand, sawn hardwood imports fell 13 per cent to 5.71 million cubic metres. The average price for imported sawn hardwoods in the first half of 2017 was US$414 per cubic metre, up 20 per cent over the same period of 2016.

Of total sawn hardwood imports, sawnwood from tropical countries amounted to 3.02 million cubic metres valued at US$1.127 billion, up 14 per cent both in volume and in value.

Sawn hardwood imports from tropical countries accounted for 17 per cent of the national total.

The average price for sawnwood imported from tropical countries was US$373 per cubic metre, a year-on-year increase of 0.3 per cent. 

 

Source: ITTO