In 2021, the cumulative import value of domestic sawn timber is 7.179 billion US dollars, and the cumulative import value of logs is 11.594 billion US dollars, an increase of 2.8% and 3.8% respectively compared with 2020. The difference is that in 2021 sawn timber imports fell by 14.1%, while log imports increased by 6.9%.
According to statistics, domestic softwood lumber imports in 2021 will drop by 26.2% year-on-year, and the total value of imported cork will drop by 6.2% to US$4.1 billion. The average price of imported softwood lumber increased by 27% to $222 per cubic meter.
Brazil is the only country able to increase its supply of softwood to China in 2021, with Brazilian exports to China increasing by 33.2%. Softwood exports to China from Canada, Germany, and Finland all fell sharply by 57%, 50%, and 32% respectively.
Russia's domestic cork exports fell by 17.7%.
In 2021, a total of 63.58 million cubic meters of domestic logs will be imported, an increase of 6.9% over the same period last year. Looking at the monthly data, it is found that the increase in log imports in 2021 is mainly concentrated in the first half of the year. Especially in May 2021, log imports in that month increased by as much as 60.5% year-on-year. In the second half of the year, the number of log imports showed a decline ranging from 3% to 17%.
In 2021, both log and sawn timber imports will face a sharp rise in prices. The only difference is that log prices fell significantly at the end of last year, but sawn timber prices benefited from the continued strength of the international timber market, and international timber manufacturers still have no domestic quotations. price trend.
