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March 20, 2024

EU tropical wood imports below historically low pre- COVID level

In 2023, the EU27 imported 1.59 million tonnes of tropical wood and wood furniture products with a total value of US$3.18 billion, respectively 18% and 27% less than the previous year. This marked a return to the historically low pre-pandemic level. EU27 import value of tropical wood and wood furniture products last year was only slightly above the annual average of US$3.06 billion during the pre-COVID 2013 to 2019 period. When account is taken of inflation, import value last year was about 10% below the pre-COVID level. Import quantity in ...

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