Press release: European sawmills gain market share in East Asia

2018-01-25

During the last few years softwood lumber import in Southeast Asia has increased dramatically with China as the top performer. However, it is also many other countries in the region that have seen a rapid increase in imports, like South Korea, India and Pakistan. Softwood lumber imports from leading exporters in Europe (Russia included) and North America amounted to 3.5 million m³ during January-November 2017, which means an increase of 15% compared to previous year.
 

When we compare the figures during January-November with same period in 2016, we see that all countries increased the import. India (+38%) increased the most.

A higher lumber import from Europe is not only related to an increased domestic consumption in Asia, but also to a gain in market share. Europe (Russia included) has the largest market share in the Southeast Asian lumber market since 2013. The trend line for the European share is increasing at a record high level for the region. While Europe has increased its share, Canada has lost market share. The market share for the U.S. is at a low level for the country.

A full version of this report with more detailed information can be found in the Woodstat Market News newsletter. 

For more information contact:
Jenny Wessung, CEO
Woodstat AB
jenny.wessung@woodstat.com
https://www.woodstat.com


About Woodstat
Since 2007 Woodstat delivers comprehensive statistics and analysis to sawmills, forest owners and banks across the world. Woodstat publishes approximately 400 issues of the newsletter "Market News" every year. The Market News are concise and contain the latest market statistics for the manufactured lumber product industry. Woodstat's charts collection is available at www.woodstat.com and contains hundreds of relevant diagrammatic data for anyone working in the wood or forest industry.