Wood Business

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China imports up 16%

Nov. 20, 2013 - More than 33.3 million m³ of logs that were valued at US$6.8 billion were imported into China during the first three quarters of 2013; an increase of 16% in volume and 23% in value compared with the same period in 2012. Of the total log imports, softwood imports were valued at about US$3.7 billion on a volume of 24 million m³ (an average value of US$154/m³), while hardwoods were 9.3 million m³ by volume and were valued at nearly US$3.1 billion (an average value of US$333/m³). The import volume and value of softwood logs increased 21% and 32%, respectively, from the same period of 2012, whereas hardwood log imports were up 6% in volume and 11% in value.


November 20, 2013
By Wood Markets

 

The top 10 log importers imported a total of 1.3 million m3 in volume at a value of 268.4 million USD in August 2013 – this represents 33% of the total import volume and 32% of the import value nationwide.

The top 10 lumber companies imported a total of 1.4 million m3 in volume at a value of 113.5 million USD – this represents 63.6% of China’s total lumber import volume and 19% of the total lumber import value nationwide.

For more information, go to woodmarkets.com.