US lumber imports from Europe 60 % higher than in 2019
The USA purchased definitely more softwood lumber from Europe again in October than it had in the same month of 2019. At 333,513 m³, the imported volume of lumber was 60 % higher than a year earlier.
The growth rate had still been 54 % in the first nine months. At 146,097 m³, the shipments from Germany were only up by 27 %. The data from the US Department of Agriculture, Foreign Agriculture Service (FAS), represent that imports from Sweden, on the other hand, were doubled to 83,060 m³ and those from Romania were more than trebled to 44,053 m³. Due to the higher prices, the import value increased up to130 % to US$117.5m, which shows an increase of almost 44% in the arithmetical import value to €352.5m³.
What is more, the imports from Canada also increased more considerably again. At 2.944m m³, the figure was 14 % higher than in 2019. The USA imported a total of 3.421m m³ in October, a growth of 19% against the same period of 2019.
The US imports thus amount to 29.056m m³ for the first ten months of 2020, almost 1 % more than in the same period of 2019. Imports from Europe increased at an above-average rate of 55 % to 2.511m m³. Those from Canada were 3 % down, at 25.358m m³. Europe’s share of the total imports thus increased by three percent to 8.6 %.
Information provided according to www.euwid-wood-products.com