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 July 2011

Top story

China’s output of plywood jumps sixty percent

China’s output of wood-based panel reached 153.6 mil. cubic metres in 2010, up 33% from 2009.

Of the total, the output of plywood was 71.4 mil. cubic metres, up 60% and accounting for 46% of total output of wood-based panel.

The output of fibreboard amounted to 43.6 mil. cubic metres (of which MDF was 38.9 mil. cubic metres), up 25%.

The output of particleboard reached 12.6 mil. cubic metres a drop of 12% compared to levels in 2009

Also in this issue

  • Ghana to introduce new rules on public procurement of wood products
  • Environmental concerns driving end-users away from Myanmar teak
  • Uruguay now the main market for Brazilian furniture
  • Guyana plywood mill resumes production
  • Japan’s plywood imports from China exceeds those from Indonesia
  • Problems limiting growth of Chinese door manufacturers
  • Consumption and exchange rate concerns dampen forward business in EU
  • No improvement in the US housing market

Data snapshot



Source ITTO, Annual Review and Assessment of the World Timber Situation 2010

Statistics published by the Australian Bureau of Agricultural and Resource Economics and Bureau of Rural Sciences indicate that the value of timber imports increased by 6.0 per cent to almost A$430 million and volumes increased by 19 per cent in 2010.

Australian timber importers expect another busy year in 2011 following increased activity in 2010. John Halkett of the Australian Timber Importers Federation (ATIF) said the prospects of the Australian dollar remaining strong, together with increased manufacturing, will mean imports of wood products will grow. Central to this assumption is the good performance of the building sector.

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