Latest EU Data Shows No Pick Up In Tropical Hardwood Imports During 2010 – ITTO European Market Report 30th July 2010

The latest EU-wide trade data indicates that imports of hardwoods from less developed countries (LDCs) remained at an extremely low level during the first quarter of 2010 (see table). During this period, European imports of hardwood logs, sawn, plywood and veneers from LDCs totalled no more than 775,000 m3. This is almost exactly equivalent to the volume achieved in the first quarter of 2009, a year when total European imports of LDC hardwood products fell by over 40%. The total value of EU imports of these commodities during the first quarter of 2010 was actually down 12% compared to the same period in 2009.

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