Let's take a look at the EU's timber imports this year. In January 2023, the EU's timber import volume decreased by 64% year-on-year to 291,300 cubic meters; the average price increased by 2% month-on-month to US$557 per cubic meter, an increase of 47% year-on-year. Despite a noticeable decline in demand for timber in the EU, the value of imports remains high, as it was last year.
Among them, Ukraine became the EU's largest timber supplier in January this year, accounting for 27.3% of its total timber imports. Norway ranked second in total imports with a 20.8% share. EU imports of African timber are also growing, with supplies from Cameroon accounting for 11.1% of total imports; Gabon 5.1%.
