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 May 2013

Top story

Implementation of EUTR before VPAs ratified creates dangers for tropical timber

Tropical timber markets are at risk because the EUTR has been introduced before any tropical timber supplier is able to offer FLEGT licensed timber. The gap in timing between introduction of EUTR and supply of FLEGT licensed timber is creating uncertainty in the market.

If EU importers are discouraged from buying from VPA countries due to legal uncertainties in the intervening period and instead seek substitutes it will be difficult for tropical timber exporters to claw back their market share once FLEGT timber becomes available.

Also in this issue

  • W. African industry expansion plans on hold until EU demand recovers
  • Indonesian Ministry of Forestry enlists support to stamp out corruption
  • Procedures for clearing export containers to be streamlined in Myanmar
  • Expanded farm forestry a win - win for Indian farmers and wood based
  • panel makers
  • Brazil’s pine sawnwood exports post sharp gains
  • FLEGT roadmap on track in Guyana
  • Currency volatility - Chinese exporters focus on short-term business
  • Patchy EUTR enforcement in EU member states 3

Data snapshot

Developing economies continued to gain global export share in 2012

Planted forest area brazil eucalyptus pine SFM

Source: UNCTADstat

The downward trend in commodities prices in 2012 (excluding fuel) seriously impacted the export performance of major exporters. In contrast the major exporters of petroleum and gas did well registering a 5.0% increase in shipments.

Nevertheless, developing economies' share in the world trade continues to improve. They now hold 44.4% of the global exports market, while in 2005 that share stood at 36.2%.




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