Russia drives rise in EU hardwood plywood imports during the first half of 2011 – ITTO European Market Report 30th September 2011

At 630,000 m3, EU hardwood plywood imports in the second quarter of 2011 were up 12% on the previous quarter and up 9% on the same quarter of the previous year (Chart 1). Imports during the second quarter of 2011 were at levels not seen since before the onset of the economic crises in 2008. Imports over the first 6 months of 2011 stood at 1.2 million m3, up 12% on the same period in 2010.  

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Diversification in Europe’s Wood Product Imports РITTO European Market Report 15th September 2011

There¬†is a tendency when analysing markets for tropical wood in Europe to focus heavily on demand for the main primary wood products ‚Äďtropical hardwood logs, sawn, veneers and plywood. However globalisation trends,¬†particularly the strong growth of China as a wood processing hub,¬†combined with efforts by tropical producing countries to move up the value chain, has meant that these products¬†have become¬†relatively less important in the European market. Tropical and other developing countries are supplying a very wide range of secondary and tertiary processed products into this market.¬†¬†

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