{"id":84584,"date":"2023-03-22T08:26:57","date_gmt":"2023-03-22T08:26:57","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/price-increases-drive-up-eu27-tropical-wood-imports\/"},"modified":"2025-09-19T08:59:44","modified_gmt":"2025-09-19T08:59:44","slug":"price-increases-drive-up-eu27-tropical-wood-imports","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/price-increases-drive-up-eu27-tropical-wood-imports\/","title":{"rendered":"Price increases drive up EU27 tropical wood imports"},"content":{"rendered":"

\"\"<\/p>\n

In 2022 the EU27 imported 1.94 million tonnes of tropical wood and wooden furniture products with a total value of US$4.37 bil. respectively 10% and 18% more than the previous year. Compared to the pre-pandemic level of imports in 2019, imports last year increased 36% in value terms but only 6% in quantity terms.<\/p>\n

\"\"<\/a>Chart 1 shows EU27 trade trends for the period 2004 to 2022 puts last year's trade figures into long term perspective. The only other increase in tropical wood import value comparable to the 2021-2022 period occurred in 2006-2007 when abundant liquidity and a real estate boom created a bubble economy immediately preceding the financial crash of 2008-2009.<\/p>\n

However, unlike in 2006-2007, the actual quantity of EU27 imports of tropical wood and wooden furniture products last year was only marginally above the long term average which has remained broadly stable at around 1.8 million tonnes for the last decade.<\/p>\n

The increase in value of EU27 imports of tropical wood and wooden furniture products in the last two years was driven by the sharp increase in prices. The average price per tonne of all EU27 tropical wood and wooden furniture imports increased progressively from US$2,800 in 2020 to US$2,100 in 2021 and US$2,250 in 2022.<\/p>\n

This occurred initially as severe supply shortages and a big rise in freight rates coincided with the short-term surge in demand due to higher refurbishment activity during COVID lockdowns.<\/p>\n

The surge in demand for tropical products in the EU was further boosted in 2022 by COVID-recovery stimulus measures and the war in Ukraine which put pressure on supplies of alternative temperate wood products.<\/p>","protected":false},"excerpt":{"rendered":"

In 2022 the EU27 imported 1.94 million tonnes of tropical wood and wooden furniture products with a total value of US$4.37 bil. respectively 10% and 18% more than the previous year. Compared to the pre-pandemic level of imports in 2019, … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":84585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-84584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nPrice increases drive up EU27 tropical wood 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\/price-increases-drive-up-eu27-tropical-wood-imports\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Price increases drive up EU27 tropical wood imports - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"In 2022 the EU27 imported 1.94 million tonnes of tropical wood and wooden furniture products with a total value of US$4.37 bil. respectively 10% and 18% more than the previous year. 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