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 March 2015


Top Story 

Improving US demand a lifeline to the Brazilian timber industry 
 

As domestic demand fades Brazilian companies have switched their focus to international markets especially the United States as demand there is recovering.
 
The recent appreciation of the US dollar has helped improve the competitiveness of Brazilian products and it is expected that wood product exports to the US will increase by around 20-25% this year.
 

Headlines 

Optimism fades in West Africa as demand weakens
TLAS deadline set in Indonesia
Myanmar launches first national export strategy
India debates national forest certification
Japan clocks sharp fall in furniture retail sales
EU tropical wood imports rebound after record low
but
EU sawn tropical hardwood imports still lower than in 2012
Growth in Africa’s share of US sawnwood imports

Data snapshot

Recovery in EU moulding imports

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EU imports of mouldings, after falling by 19% in 201,3 rose by 13%  in 2014.
Continuously shaped wood products listed under HS code 4409 include both
decking products and interior decorative products such as skirting and beading.
 
Imports from the main supplier Indonesia recorded a healthy upward trend
rising by 26% in 2014. Imports from Malaysia increased by 29% but imports
from Brazil only rose by 3% after falling 30% in 2013.

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