Supply pressures affect EU’s plywood imports
Analysis of latest trade figures for plywood supply to the EU tally with importers’ comments. Total EU plywood imports have picked up a little this year, hitting 686,000 cu.m in the first quarter, nearly 5% more than the same period in 2017. However, supply constraints have meant that imports are still well below levels prevailing two years ago in 2016. Lack of supply has been a significant drag on EU imports of tropical hardwood plywood this year. Imports from all the EU’s leading tropical suppliers except Indonesia declined in the first quarter of 2018.  ...
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