CropTec Show
Farminguk
28 September 2016 | Online since 2003
Auto Trader Ltd


26 February 2014 04:41:37 |Forestry,Market Reports,News

China imported lumber for record nine billion dollars in 2013


China imported logs and lumber for a record nine billion dollars in 2013, with North America, Russia and New Zealand being the major suppliers, reports the Wood Resource Quarterly.

Importation of logs and lumber to China reached a new record in 2013 with lumber imports being up 19% and log imports increasing 23% from 2012, as reported in the Wood Resource Quarterly. North America, Russia and New Zealand were the major supplying countries, but Sweden, Finland, Ukraine, Chile and Australia saw the biggest increases in market share.

Seattle, USA. China’s importation of softwood lumber was 19 percent higher in 2013 than in 2012, reaching a new record high. The unprecedented increase in lumber shipments to the Chinese market that began in 2008 is continuing.
In 2008, the country imported 3.6 million m3 of softwood lumber valued at 700 million dollars, according to the Wood Resource Quarterly (WRQ). Two years later, in 2010, the volume had increased to 9.4 million m3 and in 2013, China imported close to 17 million m3 of lumber, valued at a bit over 3.6 billion dollars.

Canada and Russia are the two major suppliers of lumber to China, with Canada having overtaken Russia as the largest supplier in 2010. Together, these two countries supplied almost 80 percent of all imports. However, this year Europe, Russia, Chile and New Zealand have all increased their shipments to China at a higher pace than has Canada. Sweden, for example, more than tripled its export volume from 2012 to 2013 to reach 370,000 m3, or just over two percent of the import volume last year.

This trend, where countries that just a few years ago were virtually non-existent in the Chinese market are now expanding is likely to continue in the coming years both because China’s continued hunger for more wood and because Canada is not likely to increase exports much more than the levels seen over the past few years.

Importation of softwood logs to China really took off during the second half of 2013. In the 1H/13, import volumes were about 14.8 million m3, and in the 2H/13, China imported 18.1 million m3, an increase of 23 percent in just six months, making 2013 a record year for Chinese log imports.
The total value of imported logs reached just over five billion dollars. During the past year, all major log suppliers to China increased their shipments except Russia, which in 2013 shipped the lowest volume since 2004. New Zealand shipments were up by 32% year-over-year, the US increased volumes by 55% and interestingly, Ukraine, which just a few years ago did not export any logs to China, shipped 1.4 million m3 in 2013, a tripling from the previous year, as reported in the WRQ.
With record shipments of logs and lumber from North America to China during 2013, it will be very interesting to see if Chinese wood buyers can continue to increase their imports from the US and Canada in 2014 and 2015 when demand for lumber is likely to go up in the US market.

Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


New Zealand | 28 September 2016
Weed free crops? Science may have the answer

Australian scientists are working on a revolutionary new way to help farmers rid their crops of weeds. With billions of dollars lost by farmers every year because of weeds, scientists from Charles ...


Puerto Rico | 28 September 2016
Puerto Rico finds unexpected source of growth in agriculture

Puerto Ricans are buying rice produced on the island for the first time in nearly 30 years. They are also eating locally grown mushrooms, kale and even arugula, along with more traditional crops such ...


USA | 28 September 2016
U.S. farmer lawsuits over Syngenta GMO corn granted class status

A U.S. district court judge in Kansas this week said lawsuits brought by U.S. farmers against seed company Syngenta AG over sales of biotech corn seeds not approved for import by China can proceed as ...


France | 28 September 2016
French cows die after eating all winter stock in one night

Almost half of a 50-strong herd of cows in western France ate themselves to death after chomping on the equivalent of a whole winter’s rations in just one night. The farmer in the Loire-Atlantique ...


Japan | 28 September 2016
2 companies pioneering purchases of Japanese farmland

Photo album giant Nakabayashi and home remodeler Sanyo Amnak will become the first businesses to buy Japanese farmland under a new strategic zone regulation aimed at raising agricultural productivity....



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

Labour will end the badger cull and prioritise ending bovine TB, Shadow Def...


FarmingUK
FarmingUK Logo

FarmingUK

A herd of rare White Park cattle could die out if its owners do not urgentl...


FarmingUK
FarmingUK Logo

FarmingUK

The UK government is "failing" to support farmers in the long-term accordin...


FarmingUK
FarmingUK Logo

FarmingUK

Retailer Co-op has announced that from May 2017 all of its bacon and lamb w...


FarmingUK
FarmingUK Logo

FarmingUK

Over 50 wildlife organisations have compiled a stock-take of all the UK's n...


FarmingUK
FarmingUK Logo

FarmingUK

In the run up to the EU farm ministers meeting the agricultural sector have...


FarmingUK
FarmingUK Logo

FarmingUK

The RPA must iron out a number of problems that still exist with 2015 BPS p...


FarmingUK
FarmingUK Logo

FarmingUK

Tourism businesses in the countryside are being held back due to the uncert...


FarmingUK
FarmingUK Logo

FarmingUK

A 24 point action plan aimed at revitalising Scotland's sheep sector after ...


FarmingUK
FarmingUK Logo

FarmingUK

A new survey has revealed that the vast majority of British consumers belie...


closeicon
Username
Password