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According to Chinese customs statistics, total lumber imports in the first quarter of 2023 amounted to 6.522 million cubic meters, valued at $1.658 billion, a 3% increase in volume but an 8% decrease in value compared to the first quarter of 2022. The average price for imported lumber was $254 per cubic meter (CIF) in the first quarter, up 12% from the same period in 2022.<\/p>\n
Of the total lumber imports, softwood lumber imports increased by 9% to 4.42 million cubic meters, accounting for 68% of the national total. However, the average price of imported softwood lumber fell by 10% to $203 per cubic meter (CIF) compared to the same period in 2022.<\/p>\n
Imports of hardwood lumber fell 8% to 2.102 million cubic meters, accounting for 32% of the national total. The average price of imported hardwood lumber fell by 10% to $362 per cubic meter (CIF) compared to the same period in 2022.<\/p>\n
Among the total imports of hardwood lumber, tropical lumber imports amounted to 1.372 million cubic meters with a CIF value of US$409 million. Compared with the same period in 2022, the volume and value decreased by 16% and 14%, respectively, accounting for the total import volume of the country. 21% of the total. Imported tropical lumber averaged $298 CIF per cubic meter, up 2% from the same period in 2022.<\/p>\n
Average CIF lumber prices in Q1\/2023\u00a0<\/strong><\/p>\n <\/p>\n China\u2019s lumber imports in Q1\/2023 (value)\u00a0<\/strong><\/p>\n China\u2019s lumber imports in Q1\/2023 (volume)\u00a0<\/strong><\/p>\n Main softwood lumber sources<\/strong><\/p>\n Russia is the largest supplier of\u00a0softwood lumber imports. Nearly 60% of China's\u00a0softwood lumber\u00a0imports in the first quarter of 2023 will come from Russia. China's\u00a0softwood lumber\u00a0imports from Russia rose 2% to 2.586 million cubic meters, while imports from Sweden, China's second-largest\u00a0softwood lumber\u00a0supplier, surged 98% to 320,000 cubic meters in the first quarter of 2023.<\/p>\n In addition to a 26% drop in shipments from Canada in the first quarter of 2023, China saw an increase in imports of\u00a0softwood lumber\u00a0from major suppliers.<\/p>\n Main softwood lumber suppliers to China in Q1\/2023<\/strong><\/p>\n <\/p>\n Tropical lumber imports fall<\/strong><\/p>\n In the first quarter of 2023, China's tropical lumber imports fell by 16% to 1.372 million cubic meters. The top three suppliers are Thailand (62%), the Philippines (12%) and Gabon (8%). In the first quarter of 2023, 82% of China's tropical lumber imports came from these three countries.<\/p>\n In the first quarter of 2023, China's imports of tropical lumber from Thailand, the Philippines and Gabon decreased by 17%, 12% and 35%, respectively, to 849,000 cubic meters, 161,000 cubic meters and 104,000 cubic meters.<\/p>\n In contrast, China\u2019s imports of tropical lumber from fourth-largest supplier Myanmar rose by 75% in the first quarter of 2023.<\/p>","protected":false},"excerpt":{"rendered":" According to Chinese customs statistics, total lumber imports in the first quarter of 2023 amounted to 6.522 million cubic meters, valued at $1.658 billion, a 3% increase in volume but an 8% decrease in value compared to the first quarter … Continue reading \n\n
\n <\/td>\n CIF prices (US$\/cu.m)<\/td>\n YOY change Q1\/2023-Q1\/2022<\/td>\n<\/tr>\n \n Total lumber price<\/td>\n 254<\/td>\n 12%<\/td>\n<\/tr>\n \n Softwood lumber<\/td>\n 203<\/td>\n -10%<\/td>\n<\/tr>\n \n All hardwood lumber<\/td>\n 362<\/td>\n -0.3%<\/td>\n<\/tr>\n \n of which tropical<\/td>\n 298<\/td>\n 2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n <\/td>\n Value (mil. US$)<\/td>\n % Change Q1\/2023-Q1\/2022<\/td>\n<\/tr>\n \n Total lumber imports<\/td>\n 1,658<\/td>\n -8%<\/td>\n<\/tr>\n \n Softwood lumber<\/td>\n 897<\/td>\n -8%<\/td>\n<\/tr>\n \n All hardwood lumber<\/td>\n 762<\/td>\n -8%<\/td>\n<\/tr>\n \n of which tropical<\/td>\n 409<\/td>\n -14%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/h6>\n
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\n <\/td>\n Volume (mil.cu.m)<\/td>\n % Change Q1\/2023-Q1\/2022<\/td>\n<\/tr>\n \n Total lumber imports<\/td>\n 6.522<\/td>\n 3%<\/td>\n<\/tr>\n \n Softwood lumber<\/td>\n 4.420<\/td>\n 9%<\/td>\n<\/tr>\n \n All hardwood lumber<\/td>\n 2.102<\/td>\n -8%<\/td>\n<\/tr>\n \n of which tropical<\/td>\n 1.372<\/td>\n -16%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/h6>\n
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\n Supplier<\/td>\n Volume (000' cu.m.)<\/td>\n YOY change\u00a0Q1\/2023-Q1\/2022<\/td>\n<\/tr>\n \n Total<\/td>\n 6,522<\/td>\n 3%<\/td>\n<\/tr>\n \n Russia<\/td>\n 2,878<\/td>\n 4%<\/td>\n<\/tr>\n \n Thailand<\/td>\n 849<\/td>\n -17%<\/td>\n<\/tr>\n \n USA<\/td>\n 326<\/td>\n 27%<\/td>\n<\/tr>\n \n Canada<\/td>\n 326<\/td>\n -25%<\/td>\n<\/tr>\n \n Sweden<\/td>\n 320<\/td>\n 98%<\/td>\n<\/tr>\n \n Germania<\/td>\n 308<\/td>\n 65%<\/td>\n<\/tr>\n \n Finlanda<\/td>\n 299<\/td>\n 15%<\/td>\n<\/tr>\n \n Belarus<\/td>\n 195<\/td>\n 155%<\/td>\n<\/tr>\n \n Phillipines<\/td>\n 161<\/td>\n -12%<\/td>\n<\/tr>\n \n Gabon<\/td>\n 104<\/td>\n -35%<\/td>\n<\/tr>\n \n Chile<\/td>\n 102<\/td>\n 88%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n