Decline in US hardwood plywood imports continues

Source:
ITTO/Fordaq
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US hardwood plywood imports were down 1% in April, the fourth consecutive month-on-month decline. A total of 211,096 cu.m. were imported in April, worth US$122.1 million. Year-to-date import volumes remain slightly higher (+1%) than in April 2015, but the value of year-to date plywood imports decreased 7% compared to 2015.

Lower plywood imports from China and Indonesia were largely responsible for lower April figures.

  Jan-16 Feb-16 Mar-16 Apr-16 % Change (year-on-year)
Total 268,282       -10%
China 159,586       -10%
Indonesia 36,701       -37%
Ecuador 4,563       24%
Canada 15,327       12%
Russia 23,874       1%
Malaysia 3,780       -42%
Other 24,451       8%
Source: US Department of Commerce, US Census Bureau, Foreign Trade Statistics

Imports from China were 101,187 cu.m. in April, down 10% from March while imports from Indonesia fell by 37% monthon-month to 23,380 cu.m. Malaysian shipment plunged by over 40% from March to 5,265 cu.m.

Year-to-date plywood imports from Malaysia were down 21%. Plywood imports from Russia, Canada and Ecuador gained in April as did imports from Uruguay (5,413 cu.m.), Guatemala (3,537 cu.m.) and Brazil (2,356 cu.m.).

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