Indonesia issued the first ever FLEGT licenses in mid-November last year with high expectations that these would boost the value and share of Indonesia’s wood exports to the EU. This is a reasonable expectation, given the very significant commitment and investment by Indonesia, supported through the FLEGT Voluntary Partnership Agreement with the EU, and the mandatory requirement that all timber and timber products exported from Indonesia to the EU must now be licensed.
Continue reading “EU Trade with Indonesia in the Spotlight Following FLEGT Licensing – ITTO European Market Report 30th April 2017”Recovery in EU Tropical Veneer Imports Continues during 2016 – ITTO European Market Report 15th April 2017
The upturn in EU imports of hardwood veneer which began in 2013 continued last year. The EU imported 542,000 m3 of hardwood veneer from outside the region in 2016, 12% more than in 2015. Imports from the tropics increased 10% to 313,400 m3, exceeding 300,000 m3 for the first time since 2011. However, EU imports of tropical veneer are still well below volumes of over 400,000 m3 per annum prevailing before the financial crises (Chart 1).
Continue reading “Recovery in EU Tropical Veneer Imports Continues during 2016 – ITTO European Market Report 15th April 2017”