16-31 August 2015

Top story

US wooden furniture imports highest since recession

US year-to-May furniture imports were 11% higher than in the January to May period in 2014.
Furniture stores in the US have seen rising sales. Furniture sales were low this spring but May sales signal a firm recovery.
May 2015 furniture retail sales were 5% higher than in May 2014.

Also in this issue

  • Purchases for Middle Eastern, Indian and EU markets compensate for losses in China
  • Sarawak first half exports fall 13 percent
  • New tax incentives in Indonesia, timber sector included 
  • High volume of teak veneer flitch exports From Myanmar raise questions
  • Brazil to release more forest concessions
  • China’s first half log imports fall
  • German timber traders report slow business
  • US homeownership at record low – a trend that could impact demand for wood products
  • Manufacturers in Ghana express concern on economy

Data snapshot

China’s log imports fall

Source: CAF analysis of China Customs data

In the first half of 2015 82% of China’s log imports came from 8 countries. Log imports from most fell except for those from the Solomon Islands which rose 25% and Australia which were unchanged from a year earlier.  

China’s log imports from Japan rose dramatically (52%) in the first half of 2015. The very small quantity of logs from Japan (less than 200,000 cu.m) are used to produce wood-based panels, packaging and pallets.