U.S. imports of sawn tropical hardwood recovered somewhat in March, growing by 28% from February’s record low. The 12,950 cubic metres imported is more than one-third less than that of March 2019, reported ITTO.
Through the first quarter of 2020, imports are down 42% year to date. Imports from Ecuador fell by 14% in March and are down 74% year to date. Imports from Brazil, despite increasing by 62% in March, are 40% behind 2019 year to date.
Imports of jatoba, sapelli, ipe, and acajou d’Afrique all rebounded in March, but remain well behind last year’s imports year to date. Imports of balsa fell by 18% in March and lag 2019 by 74% year to date.
Canadian Imports of tropical hardwood fell by 5% in March but remain 4% ahead of 2019 year to date. Imports to Canada from Ecuador more than doubled in March to a level not seen in nearly three years. Canadian imports from Ecuador are up more than nine-fold over 2019 year to date.