Record Low EU27 Tropical Timber Imports in 2020. ITTO European Market Report 30th April 2021

Total EU27 (i.e. excluding the UK) import value of tropical timber and wood furniture products was US$2.99 billion in 2020, 9% less than the previous year. This is a significantly higher level of import than forecast when the first waves of the COVID-19 pandemic hit the continent early in 2020. It was, however, the lowest level in recent decades and represented a further decline in a market that has been severely restricted ever since the financial crises (Chart 1).

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Proposals for FLEGT and EUTR to Be Merged With EU ā€œdeforestation-freeā€ Regulations. ITTO European Market Report 15th April 2021

The EU is considering the introduction of new forest and climate policy measures which would reshape timber trade relations with tropical countries. In some ways, the proposed measures build on the existing policy framework contained in the FLEGT Action Plan. However, they also raise questions about the future of existing instruments such as the EU Timber Regulation (EUTR) and FLEGT licensing systems.

The potential far-reaching implications of the ongoing policy discussions were highlighted in a presentation by Hugo Schally of the European Commissionā€™s Environmental Directorate (EC DG ENV) to a webinar hosted by FERN, the Brussels based environmental NGO, on 17 March 2021 which brought together a range of policymakers and civil society stakeholders for presentations and discussions on the theme ā€œEnforcing Due Diligence regulation for forest risk commoditiesā€[1].

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