Monthly data for EU27 hardwood plywood imports suggests that European trade in this commodity is coming under pressure from the combined effects of the recent slowdown in European construction and the enforcement of the EU Timber Regulation (EUTR) from 3 March onwards (Chart 1).
Continue reading “EU Plywood Imports Bear Imprint of Construction Downturn and EUTR – ITTO European Market Report 30th June 2013”EU Furniture Production Declines While Imports Rise in 2012 – ITTO European Market Report 15th June 2013
Share of imports in total EU wood furniture supply peaked at 16% in 2010 and then fell away again to 13% in 2011 (see February 2013 report). Eurostat has yet to publish furniture production figures for the whole of the EU in 2012, however the data already available suggests that import penetration rebounded again last year. The Eurostat index of furniture production in the EU, which was rising in 2011, fell throughout the course of 2012 (Chart 1). However the total value of EU27 wood furniture imports (from outside the EU) increased by 3.8% to €5.39 billion (Chart 2).
Continue reading “EU Furniture Production Declines While Imports Rise in 2012 – ITTO European Market Report 15th June 2013”