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China has increased its sales of softwood from Europe

China has increased its sales of softwood from Europe
China imported 64% more softwood from Europe last year than in the previous year - 3.088 m m3. The main supplier was Finland, as in the previous year, where purchases rose by 84% to 1.683 m m3.

So, Finland accounts for 54.5% of all Chinese imports of sawn softwood from Europe, five percentage points more than in 2016, and China has also become the most important export market for the Finnish sawmill industry.

The development of imports from Sweden and Germany was below average with +31 % to 896,000 m3 and +15 % to 205,000 m3 respectively. At the opposite pole, the Ukraine (+284% to 123,000 m3), Latvia (+124% to 94,000 m3) and Austria (+164% to 87,000 (33,000 m3) achieved well above average percentage increases.

Chinese imports of sawn softwood have lead to the value of 24.996 m m3 in 2017, an increase of 18% over the previous year. During ten years, China has increased its imports of sawn softwood from Europe by over 800%, or around 22 m m3.

The main factors behind the increase were the growing population and massive migration to the conurbations, which has led to a significant increase in demand for housing, a trend that is still continuing. Recently, the Chinese furniture industry has also established itself as an important buyer of sawn softwood.

Russia has mentained his position as China`s most important supplier of coniferous timber in 2017 with 14.124 m m3. Russia thus accounted for 56.5% of total imports. Canada was the second largest supplier with 4.972 m m3 (-2%).

Source article:
June 26, 2018