Timber Development UK stats show imports on the increase

TTJ Online
January 11, 2024
Category: Finance & Economics
Region: International

UK – Latest statistics from Timber Development UK (TDUK) show 2023 import volumes catching up on the previous year. The gap between the cumulative annual volume of timber and panel imports into the UK during the first 10 months of 2023 compared to the same period in 2022 has narrowed further, according to the TDUK’s report. TDUK Timber Statistics Industry Facts & Figures, January 2024, shows the deficit at around 123,000m3, down from 184,000m3 at the time of the previous report. …The countries most responsible for the increase are Sweden, which upped its volumes by 17% over the 10-month period, and Finland, which boosted its volumes to the UK by 8%. However, the value of softwood imports in January-October 2023 was 25% lower year-on-year. Hardwood imports were down by 22.7%, with cumulative volume for January-October 2023 at 390,000m3.

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