The EU’s trade in tropical wood products was more buoyant in the first half of this year compared to the same period in 2018. Total imports of all wood products (classified in HS Chapter 44) from tropical countries in the first half of 2019 were 1.24 million metric tonnes (MT), 16% more than the same period in 2018. Import value increased 15% to €1.26 billion.
Continue reading “EU Tropical Wood Trade up 16% in the First Half of 2019 – ITTO European Market Report 30th September 2019”Shrinking EU Demand for Tropical Flooring – ITTO European Market Report 15th September 2019
Total imports of real-wood flooring into the EU increased 6.2% to 29.52 million m2 in 2018. Tropical countries accounted for only 9.2% of total imports in 2018, down from 11.1% the previous year and close to 50% before the financial crises. After nearly two decades of almost continuous decline, the real-wood flooring sector in the EU is now a negligible market for VPA partner timber products (Chart 1).
Continue reading “Shrinking EU Demand for Tropical Flooring – ITTO European Market Report 15th September 2019”