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 January 2015

Top story

Indonesian wood products fare well in Germany

German imports of tropical sawnwood declined from all four of the country’s largest suppliers – Malaysia, Ghana, Cameroon and Ivory Coast.
 
However, at least one tropical timber producer fared well in Germany last year. German imports of Indonesian plywood, S4S sawn lumber, mouldings, veneers and flooring all increased in 2014.
 
This may be at least partly due to mandatory SVLK certification of Indonesian products. 

Also in this issue

  • Inadequate land-side infrastructure pushes up transaction costs in W. Africa
  • Indian plywood producers gain respite from high veneer costs
  • Paranaguá Container Terminal to increase handling of wood products
  • Widening gap between costs and market prices for imported plywood in Japan              
  • China to scale back building of low-cost housing
  • Stronger EU demand for Asian decking in 2014  

Data snapshot

Changes to HS codes announced



 

The WCO has published amendments to the Harmonized System
codes due to come into force in 2017. There are 13 changes
to codes for the timber sector which aim at improving the coverage
of wood species in order to get a better picture of trade patterns.
 
In particular, refinement of the data on the tropical wood trade will
both serve to focus attention on the important issue of tropical
wood use and clarify data on non-tropical hardwoods.
 
The HS 2017 amendments also include the creation of new
subheadings for the monitoring and control of certain products
of bamboo and rattan as requested by the International
Network for Bamboo and Rattan (INBAR).
 
See: http://www.wcoomd.org/en/media/newsroom/
2015/january/~/link.aspx?_id=24150E94D00747EF9
B7429DF096AD556&_z=z
 
Changes and additions to wood product codes can be found at :
http://www.wcoomd.org/en/media/newsroom/2015/january/~/~/
media/97CAFB37DA7144B488DF7FB83387DC7A.ashx

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