{"id":81577,"date":"2021-12-07T07:52:28","date_gmt":"2021-12-07T07:52:28","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/china-rising-volumes-cif-prices-log-imports\/"},"modified":"2025-09-19T08:56:37","modified_gmt":"2025-09-19T08:56:37","slug":"china-rising-volumes-cif-prices-log-imports","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/china-rising-volumes-cif-prices-log-imports\/","title":{"rendered":"China: Rising volumes and CIF prices for log imports"},"content":{"rendered":"<p>According to China Customs, log imports in the third quarter of 2021 totalled 48.4 million cubic metres valued at US$8.617 billion (CIF), up 14% in volume and 43% in value. The average price for imported logs was US$178 (CIF) per cubic metre, up 25% from the same period of 2020.<\/p>\n<p>Of total log imports, softwood log imports rose 18% to 37.98 million cubic metres, accounting for 78% of the national total. The average price for imported softwood logs was US$154 (CIF) per cubic metre, up 33% from the same period of 2020.<\/p>\n<p>Hardwood log imports rose 3% to 10.42 million cubic metres, accounting for 22% of the national total. The average price for imported hardwood logs was US$264 (CIF) per cubic metre, up 16% from the same period of 2020.<\/p>\n<p><strong>China\u2019s log import in the third quarter of 2021 (volume)\u00a0<\/strong><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td><\/td>\n<td>2021 Q3 in million cu.m<\/td>\n<td>% change YoY<\/td>\n<\/tr>\n<tr>\n<td>Total log imports<\/td>\n<td>48.40<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Softwood logs<\/td>\n<td>37.98<\/td>\n<td>18%<\/td>\n<\/tr>\n<tr>\n<td>All hardwood logs<\/td>\n<td>10.42<\/td>\n<td>3%<\/td>\n<\/tr>\n<tr>\n<td>Tropical Logs<\/td>\n<td>4.86<\/td>\n<td>-14%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Data source: China Customs<\/h6>\n<p><strong>China\u2019s log import in the third quarter of 2021 (value)\u00a0<\/strong><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td><\/td>\n<td>2021 Q3 US$ mil CIF<\/td>\n<td>% change YoY<\/td>\n<\/tr>\n<tr>\n<td>Total log imports<\/td>\n<td>8,617<\/td>\n<td>43%<\/td>\n<\/tr>\n<tr>\n<td>Softwood logs<\/td>\n<td>5,866<\/td>\n<td>57%<\/td>\n<\/tr>\n<tr>\n<td>All hardwood logs<\/td>\n<td>2,751<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Tropical Logs<\/td>\n<td>1,465<\/td>\n<td>4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Data source: China Customs<\/h6>\n<p><strong>Average log prices in Q3 of 2021 (value)\u00a0<\/strong><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td><\/td>\n<td>CIF price US$\/cu.m.<\/td>\n<td>% change YoY<\/td>\n<\/tr>\n<tr>\n<td>Total log imports<\/td>\n<td>178<\/td>\n<td>25%<\/td>\n<\/tr>\n<tr>\n<td>Softwood logs<\/td>\n<td>154<\/td>\n<td>33%<\/td>\n<\/tr>\n<tr>\n<td>All hardwood logs<\/td>\n<td>264<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>Tropical Logs<\/td>\n<td>302<\/td>\n<td>21%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Data source: China Customs<\/h6>\n<p><strong>Surge in log imports from Brazil and Uruguay<\/strong><\/p>\n<p>According to China Customs in the third quarter of 2021 log imports from Brazil and Uruguay surged 178% and 128% to 1.65 million cubic metres and 1.60 million cubic metres respectively.<\/p>\n<p>In addition log imports from New Zealand, Germany, Russia and USA rose 35%, 50%, 3% and 26% to 15.26 million cubic metres, 9.47 million cubic metres, 5.07 million cubic metres and 3.04 million cubic metres respectively.<\/p>\n<p><strong>Major log suppliers in Q3 of 2021(volume)<\/strong><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td><\/td>\n<td>Volume mil. cu.m<\/td>\n<td>% change yoy<\/td>\n<\/tr>\n<tr>\n<td>New Zealand<\/td>\n<td>15.26<\/td>\n<td>35%<\/td>\n<\/tr>\n<tr>\n<td>Germania<\/td>\n<td>9.47<\/td>\n<td>50%<\/td>\n<\/tr>\n<tr>\n<td>Russia<\/td>\n<td>5.07<\/td>\n<td>3%<\/td>\n<\/tr>\n<tr>\n<td>USA<\/td>\n<td>3.04<\/td>\n<td>26%<\/td>\n<\/tr>\n<tr>\n<td>Brazilia<\/td>\n<td>1.65<\/td>\n<td>178%<\/td>\n<\/tr>\n<tr>\n<td>Uruguay<\/td>\n<td>1.60<\/td>\n<td>128%<\/td>\n<\/tr>\n<tr>\n<td>PNG<\/td>\n<td>1.55<\/td>\n<td>-23%<\/td>\n<\/tr>\n<tr>\n<td>Solomon Is.<\/td>\n<td>1.35<\/td>\n<td>-17%<\/td>\n<\/tr>\n<tr>\n<td>Czech Rep.<\/td>\n<td>1.21<\/td>\n<td>-49%<\/td>\n<\/tr>\n<tr>\n<td>Canada<\/td>\n<td>1.10<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Fran\u021ba<\/td>\n<td>1.10<\/td>\n<td>45%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Data source: China Customs<\/h6>\n<p><strong>Major log suppliers in Q3 of 2021\u00a0(value )<\/strong><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td><\/td>\n<td>Value US$ mil CIF<\/td>\n<td>% change yoy<\/td>\n<\/tr>\n<tr>\n<td>New Zealand<\/td>\n<td>2,492<\/td>\n<td>92%<\/td>\n<\/tr>\n<tr>\n<td>Germania<\/td>\n<td>1,465<\/td>\n<td>99%<\/td>\n<\/tr>\n<tr>\n<td>Russia<\/td>\n<td>656<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>USA<\/td>\n<td>719<\/td>\n<td>42%<\/td>\n<\/tr>\n<tr>\n<td>Brazilia<\/td>\n<td>198<\/td>\n<td>225%<\/td>\n<\/tr>\n<tr>\n<td>Uruguay<\/td>\n<td>217<\/td>\n<td>180%<\/td>\n<\/tr>\n<tr>\n<td>PNG<\/td>\n<td>339<\/td>\n<td>-6%<\/td>\n<\/tr>\n<tr>\n<td>Solomon Is.<\/td>\n<td>238<\/td>\n<td>-6%<\/td>\n<\/tr>\n<tr>\n<td>Czech Rep.<\/td>\n<td>194<\/td>\n<td>-30%<\/td>\n<\/tr>\n<tr>\n<td>Canada<\/td>\n<td>230<\/td>\n<td>39%<\/td>\n<\/tr>\n<tr>\n<td>Fran\u021ba<\/td>\n<td>264<\/td>\n<td>76%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Data source: China Customs<\/h6>\n<p><strong>Rise in CIF prices from the main suppliers<\/strong><\/p>\n<p>According to China\u2019s Customs the CIF prices for China\u2019s log imports from the main suppliers, New Zealand, Germany, Russia, USA, Brazil, Uruguay and PNG rose 15%, 34%, 11%, 118%, 17%, 23% and 90% respectively.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td><\/td>\n<td>Average CIF price US$\/cu.m.<\/td>\n<td>% change yoy<\/td>\n<\/tr>\n<tr>\n<td>New Zealand<\/td>\n<td>163<\/td>\n<td>15%<\/td>\n<\/tr>\n<tr>\n<td>Germania<\/td>\n<td>155<\/td>\n<td>34%<\/td>\n<\/tr>\n<tr>\n<td>Russia<\/td>\n<td>129<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>USA<\/td>\n<td>236<\/td>\n<td>118%<\/td>\n<\/tr>\n<tr>\n<td>Brazilia<\/td>\n<td>120<\/td>\n<td>17%<\/td>\n<\/tr>\n<tr>\n<td>Uruguay<\/td>\n<td>135<\/td>\n<td>23%<\/td>\n<\/tr>\n<tr>\n<td>PNG<\/td>\n<td>219<\/td>\n<td>90%<\/td>\n<\/tr>\n<tr>\n<td>Solomon Is.<\/td>\n<td>176<\/td>\n<td>-1%<\/td>\n<\/tr>\n<tr>\n<td>Czech Rep.<\/td>\n<td>160<\/td>\n<td>-24%<\/td>\n<\/tr>\n<tr>\n<td>Canada<\/td>\n<td>208<\/td>\n<td>34%<\/td>\n<\/tr>\n<tr>\n<td>Fran\u021ba<\/td>\n<td>241<\/td>\n<td>22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Data source: China Customs<\/h6>\n<p><strong>Log imports from Australia plunged<\/strong><\/p>\n<p>China\u2019s log imports from Australia plunged to 62,855 cubic metres in the third quarter of 2021, down 99% from the same period of 2020. Australia has not been a main supplier of logs to China. While volumes dropped the average price for log imports from Australia rose 7% from US$108 per cubic metre in the third quarter of 2020 to US$116 per cubic metre in the third quarter of 2021.<\/p>\n<p>China\u2019s log imports from Australian plunged because of a ban imposed by China on imports from Australia. China banned the import of logs from Victoria State as of 11 November 2020. This was because the quarantine service in China detected pests in a log shipment. Customs clearance for logs shipped from the state of Queensland after October 31, 2020 were also not cleared. Since the beginning of 2020 Chinese Customs has repeatedly detected live pests such as Cerambycidae and Buprestidae in logs imported from Australia.<\/p>\n<p>In accordance with national quarantine laws and regulations the infected logs have been treated and the exporters notified of the non-conformance with international standards and required to investigate the causes and take improvement measures to avoid a recurrence.<\/p>\n<p><strong>Major softwood log suppliers in Q3 of 2021\u00a0<\/strong><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td><\/td>\n<td>Value mil. cu.m<\/td>\n<td>% change yoy<\/td>\n<\/tr>\n<tr>\n<td>New Zealand<\/td>\n<td>15.19<\/td>\n<td>35%<\/td>\n<\/tr>\n<tr>\n<td>Germania<\/td>\n<td>9.12<\/td>\n<td>58%<\/td>\n<\/tr>\n<tr>\n<td>Russia<\/td>\n<td>2.97<\/td>\n<td>-14%<\/td>\n<\/tr>\n<tr>\n<td>USA<\/td>\n<td>2.38<\/td>\n<td>30%<\/td>\n<\/tr>\n<tr>\n<td>Uruguay<\/td>\n<td>1.55<\/td>\n<td>126%<\/td>\n<\/tr>\n<tr>\n<td>Czech Rep.<\/td>\n<td>1.18<\/td>\n<td>-51%<\/td>\n<\/tr>\n<tr>\n<td>Canada<\/td>\n<td>1.06<\/td>\n<td>22%<\/td>\n<\/tr>\n<tr>\n<td>Japan<\/td>\n<td>0.92<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>Brazilia<\/td>\n<td>0.74<\/td>\n<td>783%<\/td>\n<\/tr>\n<tr>\n<td>Fran\u021ba<\/td>\n<td>0.64<\/td>\n<td>49%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6>Data source: China Customs<\/h6>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>According to China Customs, log imports in the third quarter of 2021 totalled 48.4 million cubic metres valued at US$8.617 billion (CIF), up 14% in volume and 43% in value. The average price for imported logs was US$178 (CIF) per &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/china-rising-volumes-cif-prices-log-imports\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":65172,"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":[3254,3722,3352],"class_list":["post-81577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-china","tag-log-prices","tag-softwood","topic-forestry","topic-industry-prices","topic-sawmilling","area-asia-middle-east","area-australia-and-pacific-region","area-china","area-europe","area-north-america","area-russia","area-south-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China: Rising volumes and CIF prices for log imports - 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\/china-rising-volumes-cif-prices-log-imports\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China: Rising volumes and CIF prices for log imports - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"According to China Customs, log imports in the third quarter of 2021 totalled 48.4 million cubic metres valued at US$8.617 billion (CIF), up 14% in volume and 43% in value. 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