{"id":88816,"date":"2025-05-07T07:47:50","date_gmt":"2025-05-07T07:47:50","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/european-plywood-imports-rebound-14-in-2024\/"},"modified":"2025-09-19T09:04:11","modified_gmt":"2025-09-19T09:04:11","slug":"european-plywood-imports-rebound-14-in-2024","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/european-plywood-imports-rebound-14-in-2024\/","title":{"rendered":"European plywood imports rebound 14% in 2024"},"content":{"rendered":"

<\/span>Total EU+UK imports of plywood from outside the region in 2024 were 3.77 million cu.m, up 14% compared to the previous year when imports were at the lowest level for 15 years. Import value increased by 8% to US$1.82b last year.<\/p>\n

While the rebound was significant, import quantity in 2024 was still the second lowest in a decade and well below annual average imports of 4.25 million cu.m in the years immediately before the covid pandemic. The rise in 2024 owed much to a sharp increase in imports during the last quarter of the year, particularly in temperate hardwood plywood from China.<\/p>\n

In terms of import market share in the EU+UK region, the biggest shift last year was an increase in the share of plywood faced with temperate hardwood from China, largely at the expense of tropical hardwood plywood, both direct from the tropics and from China.<\/p>\n

Sharp rise in European market share for Chinese hardwood plywood<\/strong><\/p>\n

The share of temperate hardwood plywood from China in total EU+UK import quantity increased from 38.1% in 2023 to 42.6% in 2024.<\/p>\n

The import share of temperate hardwood plywood from other countries fell from 13.2% in 2023 to 10.9% in 2024, continuing a sharp declining trend which began in 2022 with the progressive tightening of European sanctions against wood products originating in Russia and Belorussia.<\/p>\n

The share of tropical hardwood plywood in total EU+UK imports fell from 13.7% in 2023 to 11.8% in 2024, with the share of direct imports from the tropics down from 9.6% to 8.8% and import share from China down from 3.6% to 2.4%. The share of softwood plywood in total EU+UK imports fell slightly from 34.9% to 34.6% with Brazil maintaining its dominance of this market.<\/p>\n

EU domestic plywood manufacturers have been unable to significantly increase production in response to the supply gap that opened following the sanctions on Russian and Belorussian products.<\/p>\n

Data from the European Panels Federation (EPF) indicates that total EU plywood production fell 15% to 2.6 million cu.m in 2023, the lowest ever recorded and only about half the volume of nearly 5 million cu.m per annum prevailing before the COVID pandemic.<\/p>\n

EU plywood production figures for 2024 are not yet available, but EPF projected last year that it was unlikely to increase by more than 2%.<\/p>\n

Weak construction sector leads to low plywood consumption in Europe<\/strong><\/p>\n

On the import side, European importers were reporting no significant problems in obtaining sufficient volume to meet demand in 2024. Rather the historically low level of imports during the year was driven by continuing slow consumption. The Eurostat construction production index fell by 1.3% between January and September last year, although it did recover all the lost ground in the last quarter.<\/p>\n

Another factor impeding plywood imports last year was a sharp hike in freight rates from Asia to Europe during the middle of the year. This was partly attributed to attacks on shipping in the Red Sea, leading to vessels having to avoid the Suez Canal and take the long route around the tip of Africa.<\/p>\n

On the Shanghai to Rotterdam route, rates for 40-ft contained increased from around $3000 at the start of May to peak at over $8250 at the end of July, before falling back to around US$4000 by the end of October. This year they have fallen further and now stand at around US$2300.<\/p>","protected":false},"excerpt":{"rendered":"

Total EU+UK imports of plywood from outside the region in 2024 were 3.77 million cu.m, up 14% compared to the previous year when imports were at the lowest level for 15 years. Import value increased by 8% to US$1.82b last … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":83898,"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-88816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nEuropean plywood imports rebound 14% in 2024 - 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\/european-plywood-imports-rebound-14-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European plywood imports rebound 14% in 2024 - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Total EU+UK imports of plywood from outside the region in 2024 were 3.77 million cu.m, up 14% compared to the previous year when imports were at the lowest level for 15 years. 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