{"id":88015,"date":"2024-08-23T12:09:33","date_gmt":"2024-08-23T12:09:33","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/china-sharp-decline-in-log-imports-especially-from-eu\/"},"modified":"2025-09-19T09:02:39","modified_gmt":"2025-09-19T09:02:39","slug":"china-sharp-decline-in-log-imports-especially-from-eu","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/china-sharp-decline-in-log-imports-especially-from-eu\/","title":{"rendered":"China: Sharp decline in log imports, especially from EU"},"content":{"rendered":"

According to China Customs log imports totaled 18.82 million cubic meters valued at US$3.268 billion in the first half of 2024, down 7% in volume and 8% in value over the same period of 2023. The average price for imported logs was US$174 (CIF) per cubic meter, down 1% from the same period of 2023.<\/span><\/p>\n

Average log CIF prices, in the first half of 2024<\/strong><\/p>\n\n\n\n\n\n\n\n
<\/td>\n2024\/H1 CIF prices (US$\/cu.m)<\/td>\nYOY change H1-2023\/2024<\/td>\n<\/tr>\n
Total log imports<\/td>\n174<\/td>\n-1%<\/td>\n<\/tr>\n
Softwood logs<\/td>\n131<\/td>\n-10%<\/td>\n<\/tr>\n
All hardwood logs<\/td>\n276<\/td>\n6%<\/td>\n<\/tr>\n
of which tropical<\/td>\n261<\/td>\n1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Of total log imports, softwood log imports fell 11% to 13.26 million cubic meters and accounted for 70% of the national total, down 3 percentage points from the same period of 2023. The average price for imported softwood logs declined 10% to US$131 (CIF) per cubic meter over the same period of 2023. Hardwood log imports rose 2% to 5.55 million cubic meters, accounting for 30% of the national total. The average price for imported hardwood logs rose 6% to US$276 (CIF) per cubic meter over the same period of 2023.<\/p>\n

Of total hardwood log imports, tropical log imports were 2.96 million cubic meters valued at US$772 million CIF, up 0.3% in volume and 1.4% in value from the same period of 2023 and accounted for 16% of the national total log import volume, up 1 percentage points over the same period of 2023.<\/p>\n

China\u2019s log imports in H1\/2024 (volume)\u00a0<\/strong><\/p>\n\n\n\n\n\n\n\n
<\/td>\nH1\/2024Volume (mil.cu.m)<\/td>\n% Change H1-2023\/2024<\/td>\n<\/tr>\n
Total log imports<\/td>\n18.82<\/td>\n-7%<\/td>\n<\/tr>\n
Softwood logs<\/td>\n13.26<\/td>\n-11%<\/td>\n<\/tr>\n
All hardwood logs<\/td>\n5.55<\/td>\n2%<\/td>\n<\/tr>\n
of which tropical<\/td>\n2.96<\/td>\n0.30%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
<\/h6>\n

China\u2019s log imports in H1\/2024 (value)\u00a0<\/strong><\/p>\n\n\n\n\n\n\n\n
<\/td>\nValue (US$ million)<\/td>\n% Change H1-2023\/2024<\/td>\n<\/tr>\n
Total log imports<\/td>\n1.503<\/td>\n-6%<\/td>\n<\/tr>\n
Softwood logs<\/td>\n827<\/td>\n-16%<\/td>\n<\/tr>\n
All hardwood logs<\/td>\n675<\/td>\n8%<\/td>\n<\/tr>\n
of which tropical<\/td>\n391<\/td>\n1.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Sharp decline in log imports from EU<\/strong><\/p>\n

In the first half of 2024 China's log imports from European Union came to 2.418 million cubic metres valued at US$481 million, down 47% in volume and 44% in value from the same period of 2023 and it was this trend that impacted the decline in the total log imports.<\/p>\n

China\u2019s log imports from Germany, Poland and France as the top three suppliers among the European Union, fell 64%, 29% and 27% to 842,000 cubic metres, 477,000 cubic metres and 369,000 cubic metres respectively in the first half of 2024.<\/p>\n

In terms of species the largest decline was large diameter fir and spruce logs (minimum section size 15 cm and above), which fell by 63% to 1.28 million cubic metres in the first half of 2024. Fir and spruce imports from Germany, Poland and France fell 73%, 46% and 40% respectively over the same period of 2023.<\/p>\n

Main softwood log suppliers to China in H1\/2024<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Supplier<\/td>\nVolume (mil. cu.m) H1\/2024<\/td>\nYOY change H1-2023\/2024<\/td>\n<\/tr>\n
Total<\/td>\n1,734<\/td>\n-19%<\/td>\n<\/tr>\n
New Zealand<\/td>\n1,135<\/td>\n-1%<\/td>\n<\/tr>\n
Japan<\/td>\n83<\/td>\n6%<\/td>\n<\/tr>\n
USA<\/td>\n122<\/td>\n-20%<\/td>\n<\/tr>\n
Germania<\/td>\n84<\/td>\n-76%<\/td>\n<\/tr>\n
Canada<\/td>\n104<\/td>\n7%<\/td>\n<\/tr>\n
Poland<\/td>\n64<\/td>\n-40%<\/td>\n<\/tr>\n
Australia<\/td>\n34<\/td>\n-<\/td>\n<\/tr>\n
South Africa<\/td>\n21<\/td>\n94%<\/td>\n<\/tr>\n
Latvia<\/td>\n20<\/td>\n-15%<\/td>\n<\/tr>\n
Fran\u021ba<\/td>\n18<\/td>\n-55%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Germany out of top three suppliers for imported logs<\/strong><\/p>\n

China\u2019s log imports from Germany fell 64% to 840,000 cubic meters in the first half of 2024. Germany has dropped out of the top three suppliers of logs to China and was ranked sixth in the first half of 2024.<\/p>\n

China\u2019s spruce and fir (44032300), Korean pine and Scots pine (44032110), Douglas fir (44032520) log imports from Germany reduced 73%, 61% and 26% respectively.<\/p>\n

Furthermore, the average CIF prices for spruce and fir, Korean pine, Scots pine and Douglas fir logs fell 16%, 15% and 1% to US$137, US$132 and US$177 per cubic meter respectively.<\/p>\n

It has been reported that German log prices declined in the first half of 2024 and this with the recent increases in freight rates and local transport costs it has become unprofitable to export.<\/p>\n

Rise in log imports from Australia<\/strong><\/p>\n

China\u2019s log imports from Australia fell to zero in 2022 because of a ban on imports as the quarantine service in China detected pests in log shipments. However, in the first half of 2023 China has resumed importing Australian timber .<\/p>\n

China\u2019s log imports from Australia in the first half of 2024 surged more than 400% to 330,000 cubic meters over the same period of 2021 ranking 11th among the top suppliers.<\/p>","protected":false},"excerpt":{"rendered":"

According to China Customs log imports totaled 18.82 million cubic meters valued at US$3.268 billion in the first half of 2024, down 7% in volume and 8% in value over the same period of 2023. The average price for imported … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":83800,"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-88015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nChina: Sharp decline in log imports, especially from EU - 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-decline-in-log-imports-especially-from-eu\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China: Sharp decline in log imports, especially from EU - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"According to China Customs log imports totaled 18.82 million cubic meters valued at US$3.268 billion in the first half of 2024, down 7% in volume and 8% in value over the same period of 2023. 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