In the 1H 2017, China’s sawnwood imports totalled 18.12 million cubic metres valued at $4.75 billion, a year-on-year increase of 16% in volume and 24% in value. The average price for imported sawnwood in the 1H 2017 was $262 per cubic metre, up 7% over the same period of 2016.

Lumber

China’s sawnwood imports increased by 16% in 1H 2017

In the 1H 2017, China’s sawnwood imports totalled 18.12 million cubic metres valued at $4.75 billion, a year-on-year increase of 16% in volume and 24% in value, ITTO reported.

The average price for imported sawnwood in the 1H 2017 was $262 per cubic metre, up 7% over the same period of 2016.

Of total sawnwood imports, sawn softwood imports rose 37% to 12.41 million cubic metres, accounting for 68% of the national total. The average price for imported sawn softwood in the first half of 2017 was $192 per cubic metre, up 12% over the same period of 2016.

On the other hand, sawn hardwood imports fell 13% to 5.71 million cubic metres. The average price for imported sawn hardwoods in the first half of 2017 was $414 per cubic metre, up 20% over the same period of 2016.

Of total sawn hardwood imports, sawnwood from tropical countries amounted to 3.02 million cubic metres valued at $1.127 billion, up 14% both in volume and in value. Sawn hardwood imports from tropical countries accounted for 17% of the national total.

The average price for sawnwood imported from tropical countries was $373 per cubic metre, a year-on-year slight increase of 0.3%.