In April 2022, the import volume of logs in China was 3.84 million m\u00b3, a year-on-year decrease of 29.0%; the value reached RMB 5.014 billion (EUR 691 million), a year-on-year decrease of 14.6%. The import volume of softwood lumber in China was 2.17 million m\u00b3, a year-on-year decrease of 20.1%, and the amount reached RMB 4.140 billion, a year-on-year decrease of 4.3% (EUR 575 million).<\/p>\n
China's log import volume from January to April in 2022 decreased by nearly 30% compared with the same period, with the log import volume in March dropping the most by 39.6% year-on-year.<\/p>\n
In China's housing construction market and infrastructure projects with more wood use, the current real estate market lacks confidence, the housing construction capital turnover is not good, the rate of resumption of work is low. The capital flow of infrastructure projects is still good, but due to the impact of public health issues caused by Covid-19, the construction industry is restricted.<\/p>\n
On the whole, the sluggish domestic demand, especially caused the downturn in real estate, has dragged down the overall timber market resulting in continuous accumulation of warehouses, slowing shipments, and falling prices.<\/p>\n
Domestic timber merchants have a low mood to purchase imported timber. However, the demand for timber in China is increasing year by year, and the market share of domestic timber may expand.<\/p>\n
At present, the domestic Covid-19 prevention and control situation has improved, the rainy season is coming.<\/p>\n
After the high temperature and rainy season, there may be a small peak in the market demand for timber after August.<\/p>","protected":false},"excerpt":{"rendered":"
In April 2022, the import volume of logs in China was 3.84 million m\u00b3, a year-on-year decrease of 29.0%; the value reached RMB 5.014 billion (EUR 691 million), a year-on-year decrease of 14.6%. The import volume of softwood lumber in … Continue reading