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 2016

Top story

Tropical plywood market share falls to all time low in EU

EU import data shows that tropical plywood has lost its share of the EU plywood market over the past two years.
While EU imports of plywood from all sources increased between 2013 and 2015, from 3.38 million cu.m to 3.92 million cu.m, a level not seen since before the financial crises. EU Plywood imports from tropical countries remain stubbornly low.

Also in this issue

  • Expansion of peeling capacity in Gabon
  • Leadership change at Malaysia’s certification council
  • MTE off US sanctions list               
  • Innovative financial products designed for Peru’s timber sector
  • JCER- Only thorough opening the economy can an economic crisis be averted in Japan                 
  • China’s Five Year plan sees 1.4 billion cubic metre forest stock
  • EUTR beginning to change trade practices
  • Growth in US imports of Thai flooring

Data snapshot

Declining market share for plywood from tropical countries in the EU

Source: ITTO IMM analysis of Eurostat

After increasing 4% to 324,000 cu.m in 2014, EU imports of plywood from tropical countries fell 6% to 305,000 cu.m in 2015. The share of tropical countries in EU plywood imports fell from 9.2% in 2013 to only 7.8% in 2015, the lowest level for at least the last 20 years.

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