{"id":81070,"date":"2021-08-16T09:01:15","date_gmt":"2021-08-16T09:01:15","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/eus-plywood-imports-rebound-strongly-since-september-last-year\/"},"modified":"2025-09-19T08:55:55","modified_gmt":"2025-09-19T08:55:55","slug":"eus-plywood-imports-rebound-strongly-since-september-last-year","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/eus-plywood-imports-rebound-strongly-since-september-last-year\/","title":{"rendered":"EU’s plywood imports rebound strongly since September last year"},"content":{"rendered":"

Latest analysis of Eurostat figures underlines the recent volatile conditions in the EU and UK plywood trade. Total EU+UK imports from outside the rose to a peak of 4.8 million cu.m in the 12 months to March 2019 before declining sharply to a low of 4.1 million cu.m in the 12 months to March 2020.<\/em><\/p>\n

The decline in imports predates the first Covid-19 lockdown in Europe and was due to weakening construction sector activity and overstocking in the prepandemic period. The rebound in construction and DIY activity after the first lockdown period is mirrored by a sharp rise in imports starting in September last year and continuing until May this year.<\/p>\n

Overall EU+UK plywood imports declined 2.9% to 4.3 million cu.m in 2020 but rose 5.1% from January to May 2021 compared to the same period the year before to 3.8 million cu.m. Following a fall of 11.8% in 2020, hardwood plywood imports from the tropics in the first five months of this year were up 11.5% to 122,000 cu.m, while tropical hardwood plywood imports from China, after contracting 30.3% in 2020, rose 15.3% to 72,000 cu.m.<\/p>\n

Looking at individual tropical plywood suppliers, EU and UK imports from Indonesia from January to May 2021 were up 7% at 53,000 cu.m, from Malaysia 14.8% at 35,000 cu.m, Gabon 16% at 16,000 cu.m and Thailand 122.8% at 4,000 cu.m, while those from VietNam were down 23.4% at 4,000 cu.m. Those from Morocco were up 43.7% at 7,000 cu.m and from Brazil 2.1% at 5,000 cu.m.<\/p>\n

In the first five months of 2021, temperate hardwood plywood imports from China were up 16.5% at 428,000 cu.m, while those from Russia increased 8.3% to 542,000 cu.m and from other non-tropical countries 14.7% at 172,000 cu.m.<\/p>\n

Underlining the European shift away from Brazil due to the rise in prices triggered by US demand, Brazilian softwood plywood imports dropped 19.5% from January to May 2021 to 439,000 cu.m.<\/p>\n

Softwood plywood imports from other countries were up 28.6% to 261,000 cu.m, with those from China ahead 48.7% at 43,000 cu.m.<\/p>\n

Heat expected to come off the plywood trade in second half of 2021<\/strong><\/p>\n

The outlook for the broader marketplace according to European plywood importers is for little change from current trading conditions over the next few months. But, with some qualifications, there\u2019s a feeling the heat could start to come off the trade heading into Q1 2022 and possibly sooner.<\/p>\n

\u201cWe\u2019re seeing raw materials costs across all industries, not just wood products, at unprecedented levels due to the combination of recovering demand and continuing production restrictions due to the pandemic,\u201d said an importer.<\/p>\n

\u201cEstimates are that this has pushed the cost of building the average home in Europe up 25%, for instance. So families who previously were looking at spending \u20ac400,000- \u20ac500,000 on a house are now having to find \u20ac500,000- 600,000. That\u2019s going to have repercussions in financing and beyond the medium term it\u2019s not sustainable. Add in government stimulus measures winding down and we wouldn\u2019t be surprised to see a slowdown early in the New Year.\u201d<\/p>\n

Another importer distributor generally agreed. \u201cThe unknown factor is the course of the pandemic. It may yet put more pressure on prices and logistics,\u201d they said.<\/p>\n

\u201cBut there are signs of the market anticipating supply and demand moving more into line and prices coming off their peak.<\/p>\n

Our customers are generally bought up for the next three months and business is increasingly hand to mouth. From October there\u2019s more hesitancy, as people don\u2019t want to commit that far ahead, then see prices fall and have to write off expensive stock.<\/p>\n

There is already talk of price corrections in Brazilian and Russian. The hope is, of course, that we get a gradual adjustment, rather than prices that have doubled over the last 18 months, halving overnight. That could really destabilise the market. We\u2019ll just have to wait and see and, in the meantime, keep business tight, keep customer communications open and not over commit.\u201d<\/p>","protected":false},"excerpt":{"rendered":"

Latest analysis of Eurostat figures underlines the recent volatile conditions in the EU and UK plywood trade. Total EU+UK imports from outside the rose to a peak of 4.8 million cu.m in the 12 months to March 2019 before declining … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":65637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3291,3248,3256],"class_list":["post-81070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-eu","tag-imports","tag-plywood","topic-forestry","topic-industry-prices","topic-sawmilling","area-china","area-europe","area-russia","area-south-america"],"acf":[],"yoast_head":"\nEU's plywood imports rebound strongly since September last year - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/eus-plywood-imports-rebound-strongly-since-september-last-year\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU's plywood imports rebound strongly since September last year - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Latest analysis of Eurostat figures underlines the recent volatile conditions in the EU and UK plywood trade. 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