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).
Continue reading “Record Low EU27 Tropical Timber Imports in 2020. ITTO European Market Report 30th April 2021”Record Low EU27 Tropical Timber Imports in 2020. ITTO European Market Report 30th April 2021
