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.



16-31 August 2011

Top story

Growing timber deficit in China expected to impact domestic prices 

China’s log imports rose to 34.35 million cubic metres in 2010 doubling from the 16.86 million cubic metres imported in 2001.

It has been estimated that China’s timber deficit could grow to over 180 million cubic metres (roundwood equivalent) by 2015.

However, with the international supply of commodity wood products falling and with rising domestic demand analysts expect to see a strong upward pressure on timber prices in the domestic market.

Also in this issue

  • African producers would benefit from diversified markets
  • Export contract approvals in Ghana drop in second quarter
  • Flow of logs to Sarawak mills back to normal
  • Brazil’s July wood product exports fall across the board
  • Japan’s peak demand for plywood for emergency housing is over
  • China’s National Forest Certification  Standard to be launched in 2013
  • Marketing campaigns benefiting treated softwoods and temperate hardwoods in the EU 

Data snapshot


Planted forest area brazil eucalyptus pine SFM


The main conclusions of the report State of Europe’s Forests 2011 are that Europe has the most forest-rich region in the world, representing 25% of global forest resources.

Europe’s expanding forests have a huge potential to mitigate climate change and they provide renewable wood and energy to foster a green economy.

Sustainable forest management practices increasingly promote conservation of biodiversity but the forests are threatened by diseases and extreme weather conditions, such as storms, as well as fires.

The report states that between 2005 and 2010, Europe’s forests have annually absorbed about 870 million tons of CO2 from the atmosphere, an amount similar to about 10% of the region’s green-house gas emissions in 2008.

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