Decline in log imports in 2024 According to China Customs, log imports in 2024 totalled 36.1 million cubic metres valued at US$6.159 billion, a decline of 5% in volume and 4% in value year on year. The average price for imported logs was US$171 (CIF) per cubic metre, up 2% on 2023 levels. Of total 2024 log imports, softwood log imports fell 7% to 26.12 million cubic metres and accounted for 72% of the national total, down 2 percentage points from the 2023 level. The average price for imported softwood logs was US ...