{"id":81623,"date":"2021-12-21T08:50:33","date_gmt":"2021-12-21T08:50:33","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/china-sharp-rise-cif-prices-lumber-imports\/"},"modified":"2025-09-19T08:56:40","modified_gmt":"2025-09-19T08:56:40","slug":"china-sharp-rise-cif-prices-lumber-imports","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/china-sharp-rise-cif-prices-lumber-imports\/","title":{"rendered":"China: Sharp rise in CIF prices for lumber imports"},"content":{"rendered":"

According to China Customs in the third quarter of 2021 lumber imports totalled 21.91 million cubic metres valued at US$5.792 billion, down 19% in volume and 2% in value. The decline in lumber imports in the third quarter of 2021 was because of a drop in supplies from Russia, Canada, the USA, Finland and Germany (down 13%, 54%, 42%, 32% and 48% respectively). Imports from these suppliers accounted for over 60% of the national total.<\/p>\n

China\u2019s lumber import in the third quarter of 2021 (volume)\u00a0<\/strong><\/p>\n\n\n\n\n\n\n\n
<\/td>\n2021 Q3 in million cu.m<\/td>\n% change YoY<\/td>\n<\/tr>\n
Total imports<\/td>\n21.91<\/td>\n-19%<\/td>\n<\/tr>\n
Softwood lumber<\/td>\n15.01<\/td>\n-26%<\/td>\n<\/tr>\n
All lumber hardwood<\/td>\n6.90<\/td>\n3%<\/td>\n<\/tr>\n
Tropical lumber<\/td>\n4.46<\/td>\n1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Data source: China Customs<\/h6>\n

China\u2019s lumber import in the third quarter of 2021 (mil. US$)\u00a0<\/strong><\/p>\n\n\n\n\n\n\n\n
<\/td>\n2021 Q3 in million US$<\/td>\n% change YoY<\/td>\n<\/tr>\n
Total imports<\/td>\n5,792<\/td>\n-2%<\/td>\n<\/tr>\n
Softwood lumber<\/td>\n3182<\/td>\n-8%<\/td>\n<\/tr>\n
All lumber hardwood<\/td>\n2610<\/td>\n7%<\/td>\n<\/tr>\n
Tropical lumber<\/td>\n1421<\/td>\n1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Data source: China Customs<\/h6>\n

The main reasons for the decline in lumber imports were the impact of the pandemic control measures on processing plants and the fact that these plants could not secure adequate raw materials. The second factor was logistic problems. Another factor was that there was strong demand in the EU, US and Japanese construction sectors where timber prices were rising. Softwood lumber imports fell 26% to 15.01 million cubic metres, accounting for 69% of the national total.<\/p>\n

A significant decrease in coniferous log imports was responsible for the overall fall in total log imports in the third quarter of 2021.<\/p>\n

The CIF prices for imported lumber rose 21% to US$264 per cubic metre in the third quarter of 2021. The CIF prices for imported sawn softwood and sawn hardwood increased 24% and 4% to US$212 and US$378 per cubic metre respectively over the same period of 2020.<\/p>\n

However, the average CIF price for tropical lumber imports did not rise but declined dropping 2% to US$318 per cubic metre. The CIF price for tropical lumber imports from PNG fell the most, dropping 24% to US$575 per cubic metre, for the Republic of Congo and Indonesia the decline was 6% and 4% respectively.<\/p>\n

Average lumber prices, third quarter of 2021<\/strong><\/p>\n\n\n\n\n\n\n\n
CIF price<\/td>\nAverage lumber prices (US$\/cu.m_<\/td>\n% change YoY<\/td>\n<\/tr>\n
Total imports<\/td>\n264<\/td>\n21%<\/td>\n<\/tr>\n
Softwood lumber<\/td>\n212<\/td>\n24%<\/td>\n<\/tr>\n
All lumber hardwood<\/td>\n378<\/td>\n4%<\/td>\n<\/tr>\n
Tropical lumber<\/td>\n318<\/td>\n-2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Data source: China Customs<\/h6>","protected":false},"excerpt":{"rendered":"

According to China Customs in the third quarter of 2021 lumber imports totalled 21.91 million cubic metres valued at US$5.792 billion, down 19% in volume and 2% in value. The decline in lumber imports in the third quarter of 2021 … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59318,"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":[3254,4476,3945],"class_list":["post-81623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-china","tag-lumber-imports","tag-lumber-prices","topic-forestry","topic-industry-prices","topic-sawmilling","area-australia-and-pacific-region","area-china","area-europe","area-north-america","area-russia"],"acf":[],"yoast_head":"\nChina: Sharp rise in CIF prices for lumber 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-sharp-rise-cif-prices-lumber-imports\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China: Sharp rise in CIF prices for lumber imports - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"According to China Customs in the third quarter of 2021 lumber imports totalled 21.91 million cubic metres valued at US$5.792 billion, down 19% in volume and 2% in value. 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