EU27 Tropical Wood Import Value At Highest Level Since Financial Crisis. ITTO Market Report 31st August 2022

EU27 Tropical Wood Import Value At Highest Level Since Financial Crisis

Between April and June this year, EU27 import value of tropical wood and wood furniture products was, in dollar terms, at the highest quarterly level since at least before the 2007-2008 financial crisis (Chart 1). Imports of USD1.27B during the second quarter of 2022 were 11% more than the previous quarter and 25% more than the same quarter the previous year.

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