Despite a downturn in the last six months of 2019, EU imports of tropical wood products last year were greater than in 2018. In 2019, the EU28 imported 2.13 million tonnes of tropical wood products (including all those in HS Chapter 44 except fuelwood, wood waste and chips) with a total value of €2.32 billion, respectively 1.5% and 3.2% greater than the previous year. This was the second consecutive year of import growth after a dip in 2017.
Continue reading “Second Consecutive Year of Growth in EU Tropical Timber Imports – ITTO European Market Report 15th March 2020”Recovery in EU Wood Imports Continues in 2019 – ITTO European Market Report 28th February 2020
The total value of EU28 imports of wood products was 20.51 billion euro in 2019, 4% more than in 2018. This followed an increase of 5% to 19.7 billion euro in 2018. In 2019 EU28 import value was at the highest level since 2008 just before the global financial crises (Chart 1).
Continue reading “Recovery in EU Wood Imports Continues in 2019 – ITTO European Market Report 28th February 2020”FLEGT Licensed Products Biggest Winners in EU Tropical Wood Market – ITTO European Market Report 14th February 2020
An analysis of EU trade data by the FLEGT Independent Market Monitor (IMM), an ITTO project funded by the EU, shows that FLEGT licensed products from Indonesia, particularly wood furniture and doors, were on course to be the biggest winners in the EU tropical timber market last year.
Continue reading “FLEGT Licensed Products Biggest Winners in EU Tropical Wood Market – ITTO European Market Report 14th February 2020”“Greta effect” Evident at European Trade Shows in Opening Weeks of 2020 – ITTO European Market Report 31st January 2020
As usual in January, the IMM furniture fair in Cologne and the Domotex flooring show in Hamburg were key events for the European wood trade, providing a signal of market sentiment and an insight into emerging trends.
Continue reading ““Greta effect” Evident at European Trade Shows in Opening Weeks of 2020 – ITTO European Market Report 31st January 2020”Climate Change Threatens to Tip European Hardwood Market Over the Edge – ITTO European Market Report 14th January 2020
Headline figures for sawn hardwood consumption in Europe show that demand has been flat for the last decade. However, these figures obscure major underlying changes in the European market.
Continue reading “Climate Change Threatens to Tip European Hardwood Market Over the Edge – ITTO European Market Report 14th January 2020”