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August 16, 2018

Russia: Sawnwood exports drop sharply due to low Chinese demand

In the first quarter of 2018, the supply of sawn softwood from Russia increased by 1.8% (YoY) to 6.2 million m3, which is the minimum growth rate in the first quarter of an annual basis from 2012 (in the first quarter of 2012, there was a decrease of 5.2% YoY).    The decline was influenced by the slowdown of sales to China. Deliveries to China have practically not grown in comparison with the first quarter of 2017 (+0.9% YoY, this is the worst figure since 2013). Ecological inspections of woodworking companies from the ...

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