{"id":87896,"date":"2024-07-16T07:11:07","date_gmt":"2024-07-16T07:11:07","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/recovery-in-uk-timber-import-market\/"},"modified":"2025-09-19T09:02:25","modified_gmt":"2025-09-19T09:02:25","slug":"recovery-in-uk-timber-import-market","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/recovery-in-uk-timber-import-market\/","title":{"rendered":"Recovery in UK timber import market"},"content":{"rendered":"

The UK timber import market enjoyed a stronger month in April 2024, with volumes 4.7% higher than those in April 2023. Although imports of most timber products still remain below those seen last year, this better April has reduced the deficit gap between 2024 and 2023 to 109,000m3, down from 150,000m3 at the end of Q1. This latest improvement has moved all product groups into single-digit reductions, with the exception of plywood imports that are 2% higher in 2024 to date.<\/span><\/p>\n

In softwood imports, for example, the value of imports in the first four months of 2024 was 7% lower than during the same period in 2023, caused by a 4% reduction in volume and a 3% fall in the average price of a basket of softwood imports, according to\u00a0Timber Development UK (TDUK).<\/p>\n

For plywoods, softwood plywood imports experienced probably the greatest change in sources of supply for many years. Volume in the month was around 5,000m3\u00a0higher than in April 2023, with Brazil leading the increases by supplying nearly 3,500m3\u00a0more in the month. China and Chile also supplied more, as did Uruguay and Canada, though there was a substantial fall in volume from Finland.<\/p>\n

Overall for the quarter, the value of all plywood imports was still 10% below the level in the first four months of 2023. Softwood plywood values were 18% lower and hardwood plywood values remained 7% down.<\/p>\n

While TDUK\u2019s monthly timber import statistics naturally focus on the \u2018big picture\u2019 for the main timber and panel products, the latest statistics do highlight some further movement that it believes is of note.<\/p>\n

Housing starts in England in Q1 2024 were 39% below Q1 2023, following on from a 50% reduction in Q4 2023 over Q4 2022; a fall that will naturally impact the demand for timber.<\/p>\n

TDUK has also seen timber imports of softwoods from Norway grow significantly during 2024 \u2013 up 14% despite overall softwood imports being 4.5% lower. Norway exports both sawn and planed pine and spruce to the UK and, while sawn spruce remains the largest product by volume, the driver of growth in 2024 has been planed spruce. At nearly 18,000m3, volumes have almost doubled (+ 98%) compared to last year.<\/p>\n

Comparing tropical hardwood imports for the first four months of each of the last three years also reveals strong growth from the Congo Republic. A near doubling of share to account for 26% of tropical hardwoods resulted from an 18% growth in 2024 to date, driven mainly largely by a 40% increase in sawn sapelli.<\/p>\n

Romanian oak has been gaining favour among UK hardwood importers for a number of years, but in 2024 significantly higher quantities of sawn beech have propelled Romania\u2019s share of temperate hardwoods into double figures. A tiny volume imported in the early months of 2023 has increased to more than 4,500m3\u00a0in 2024 to date, enabling Romania to account for 40% of the UK\u2019s beech imports.<\/p>\n

Spain is also regular supplier of many types of particleboard products to the UK, with the highest volumes seen in standard unworked varieties and melamine-faced chipboards. In the first four months of 2024 all particleboard imports were 3% lower than seen last year, but Spain has increased its supply by 110% and more than doubled its share of all imported particleboard, with a near threefold increase in standard unworked particleboards.<\/p>\n

Nick Boulton,\u00a0TDUK Head of Technical and Trade, said:\u00a0\u201cAlthough overall import volumes remain below those in 2023, it\u2019s encouraging to see the deficit continuing to fall, with all changes in volume imports now down to single figures. The UK\u2019s poor overall economic performance during Q1 of 2024, and further falls in housebuilding starts, have naturally had an impact, as have the continuing uncertainty and low consumer confidence that always impacts on the housing market and the important RMI sector.<\/p>\n

\u201cHowever, now the General Election is over and we have a new government, the timber industry must unite and continue to call for the much-needed investment the construction industry needs in order to return to growth.<\/p>\n

\u201cIt is encouraging to hear that new Chancellor Rachel Reeves is already signalling the need for investment in construction and infrastructure to help stimulate economic growth, but time will tell whether this new Government will be able to drive through this much-needed investment. TDUK will continue to lobby and help the new Government understand why timber is such an important material to help the UK achieve its construction and net zero targets.\u201d<\/p>","protected":false},"excerpt":{"rendered":"

The UK timber import market enjoyed a stronger month in April 2024, with volumes 4.7% higher than those in April 2023. 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