Europe continues to dominate Supply of Timber and Panel Products to UK Market

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Europe continues to dominate Supply of Timber and Panel Products to UK Market

The Timber Trade Federation (TTF) has issued its Monthly Stats Bulletin for April 2017 including a focus on the on the Source of Timber and Panel Products Supply to the UK Market in 2016.

According to TTF data:

- UK imports of the main timber and panel products rose in 2016 by 5.2% to climb to a total of 9.8 million m3.

- Europe accounted for the great majority of the volume of timber imported to the UK, supplying 86% of all imports. Volume from Europe was 8.4 million m3, an increase of just over 6% on 2015.

- Volume supplied specifically from the EU amounted to 7.9 million m3, or 93% of all volume from Europe including Russia.

- The share of supply from Asia fell from 8.7% in 2015 to 8.0% in 2016, mainly due to lower plywood volumes shipped from China.

- The share of supply held by North America fell for the third year in a row, down from 2.3% in 2014 to 1.9% in 2016.

Softwood is by far the main product imported to the UK Timber Market, mostly for Europe. The European supply continued to be dominated by EU countries such as Sweden, with a 43% share of supply, Latvia, Finland, Germany and the Republic of Ireland.

Hardwood is traded in much lower volumes with products mostly coming from Europe (51% of global market share in 2016) and North America (28% of global market share). 

TTF Members can access the complete infographic on the Source of Timber and Panel Products Supply to the UK Market in 2016 here.

 

[News URL: http://cti-timber.org/content/europe-continues-dominate-supply-timber-and-panel-products-uk-market]