US imports of tropical hardwood veneer rebounded sharply from a dismal September, rising 58% in October to a level 16% better than that of October 2018. However, 2019 imports still trail last year by 18% year to date.

Plywood

US imports of tropical hardwood veneer up 16% in October

US imports of tropical hardwood veneer rebounded sharply from a dismal September, rising 58% in October to a level 16% better than that of October 2018.  However, 2019 imports still trail last year by 18% year to date, as ITTO reported.

Imports from Italy came back strong in October after suffering its slowest month in three years to now outpace 2018 year to date by 4%. The Italian imports offset monthly declines of more than 10% from all other major supplying countries.

Imports from China and Cameroon were both down by nearly half in October and are behind 2018 year to date totals by more than 50%.