Market Information Service

Towards greater transparency in the tropical timber markets

The ITTO Tropical Timber Market (TTM) Report, an output of the ITTO Market Information Service (MIS), is published in English every two weeks with the aim of improving transparency in the international tropical timber market. The TTM provides market trends and trade news from around the world, as well as indicative prices for over 400 tropical timber and added-value products.


 

 

1-15 January 2017

Top story


Exports may fall - new regulation introduced in Myanmar

The Myanmar media is reporting a spokesperson from the Ministry of Natural Resources and Environmental Conservation as saying that beginning in May this year only logs purchased in US dollars can be processed for export.
 
This could lead to decline in exports say local analysts.
 


Also in this issue

  • Sawnwood versus logs – is sawnwood gaining in China and India?
  • Ghana’s new Minister for Lands and Natural Resources
  • Re-grouping of Indonesian timbers proposed
  • Indian importers still hostage to methyl bromide treatment rules
  • Vast areas of inoperative forest concessions in Peru
  • Japan considers law on legal wood use
  • Slowing pace of EU tropical timber imports
  • US plywood anti-dumping investigation continues and duty
  • stays on bedroom furniture from China                 


Data snapshot

Mexico’s wooden furniture exports to US doubled in 5 years



 

Mexico has been able to export large quantities of wooden furniture to the US the value of which amounted to US$780 million in 2015. Mexico also imports large amounts furniture from the US to meet domestic demand.
 
Mexican wooden furniture exports to the US more than doubled between 2010 and 2015. Many US companies have manufacturing plants in Mexico so it remains to be seen if export growth can be maintained under the new US government. Mexico's furniture exports to the US are second only to those from Canada.