The slowdown in EU imports of tropical products, which began in 2016 and continued throughout last year, levelled off in the first quarter of 2018. Chart 1 shows twelve monthly rolling average imports (to iron out seasonal fluctuations) into the EU of all tropical wood products listed in HS Chapter 44 (excluding wood waste and chips). It shows that imports peaked at an average of 224,000 metric tonnes (MT) per month in September 2016, slipped to a low of 207,000 MT in January this year and recovered only slightly, to 209,000 MT, by March 2018 (Chart 1).
Continue reading “EU Tropical Timber Imports Flatline in 2018 – ITTO European Market Report 30th May 2018”Europe Still Opts for Oak Despite Obstacles – ITTO European Market Report 15th May 2018
One prized commodity has been the object of log export protests on the Champs Élysées, a free trade legal challenge by the EU to the Ukraine and a packed recent European conference in London. That commodity is European oak.
Continue reading “Europe Still Opts for Oak Despite Obstacles – ITTO European Market Report 15th May 2018”