June 2021 - Forest Industries Intelligence

30 June, 20217 July, 2021

UK Tropical Wood Import Value in April at Highest Level Since 2008-09 Financial Crises. ITTO European Market Report 30th June 2021

The UK imported tropical wood and wood furniture products with a total value of USD419 million in the first four months of 2021, an 18% increase compared to the same period in 2020. There was a particularly sharp increase in April when imports were USD129 million, the highest monthly import value recorded since before the financial crises of 2008-2009.

Survey Highlights Benefits of FLEGT Licensing to European Market Prospects. ITTO European Market Report 15th June 2021

A survey of over 130 companies in the EU+UK, including a significant proportion of the region’s largest importers of tropical timber products, highlights that FLEGT licensing has helped boost market prospects for Indonesian products. It also shows that implementation of the EU Timber Regulation (EUTR) and associated rising dependence on certified products has led to a narrowing in the range of tropical companies supplying the region overall.