EU importers – “2018 could be a good year for those with plentiful stocks”
EU importers anticipate competition for supplies will be a challenge in 2018. The other main challenge anticipated is stricter implementation of the EUTR.
Large importers with economies of scale able to order and store large volumes of tropical timber to meet just-in-time market requirements and also with resources to manage legality regulation requirements will flourish as small and medium sized companies exit the trade.
Also in this issue
Ghana gets furniture testing centre to improve competitiveness
Commercial arm of Malaysia’s Forest Research Institute launched
Royalty rates to be raise in Myanmar
PEFC lauds Indian certification system
SERFOR penalises forestry consultants for manipulating data
China’s national accreditation body recognised by US EPA
Kevazingo not a recognised ‘redwood’ in China’s new national standard
Upswing in EU timber consumption not benefitting tropical suppliers
Logs dominate Indian imports
Data source https://wits.worldbank.org/CountryProfile/en/IND
Some 25,000 small mills in India
India is a major importer of tropical logs accounting for around a third of all international trade in thesel logs. Log imports make up around 80% of all India’s wood product imports.
Most of the imported logs are destined for the thousands of small sawmills and plywood mills in the country. There are an estimated 25,000 low-tech saw/plymills in the country, each with an annual input of less than 3,000 cubic metres.