According to Chinese customs statistics, in the first quarter of 2020, China’s wood and wood products imports were 15.14 million cubic meters, down 12.6% year-on-year, and the import value was US $ 3.667 billion, down 18.6% year-on-year.
In the first quarter, China's log imports were 12.2 million cubic meters, down 9.8% year-on-year, and the import value was US $ 1.725 billion, down 24.5% year-on-year.
In the first quarter, China's imports of lumber were 7.33 million cubic meters, down 9.6% year-on-year, and the import value was US $ 1.574 billion. A year-on-year decrease of 18.6%.
The demand for imported wood in China's wood products industry has gradually recovered in recent weeks. However, on the one hand, overseas coronavirus crisis which occurred in many countries and spread rapidly determined the governments of various countries to adopt anti-epidemic measures which affected timber harvesting and transportation.
On the other hand, Chinese domestic timber processing factories are currently in panic due the shortage of imported timber caused by the pandemic.
80% of China' wood processing industry depends on imports, and a large proportion of wood products are imported from Russia, Indonesia, and Malaysia each year. In addition, the United States, Gabon, Germany, Finland, Sweden and Thailand, etc. are also the main sources of wood imports in China. The timber harvesting exports of the producing countries are generally greatly affected and expect to impact Chinese imports in the second quarter of the year.