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February 21, 2023

China: Sharp decline in log imports in 2022

According to China Customs log imports in 2022 totalled 43.70 million cubic metres valued at US$8.533 billion, a decline of 31% in volume and 26% in value year on year. The average price for imported logs was US$195 (CIF) per cubic metre, up 7% on levels in 2021. In 2022 softwood log imports fell 38% to 31.16 million cubic metres, accounting for 71% of the national total, down 7% from 2021. The average price for imported softwood logs was US$160 (CIF) per cubic metre, up 1% on levels in 2021. Hardwood ...

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