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.



1-15 June 2016

Top story

Japanese importers review plywood business trends

The Japan Lumber Report (JLR) of 27 May has a comprehensive analysis of the trends in demand for imported tropical plywood.
Supply in 2015 was 2,885,800 cubic metres, 17% less than 2014. The previous low was in 2009 when imports fell to 2,840,000 cubic metres. Tropical plywood imports in the first quarter of 2016 continued to decline dropping 12%.
The Japanese plywood market has been depressed since August last year says the JLR and this is prompting importers to seriously review their plywood import business, this is despite demand for quake reconstruction works and Olympic venue construction.

Also in this issue

  • Sawn okoume coming back into fashion
  • Sarawak to develop high value furniture manufacturing
  • MTE tender system favours export oriented enterprises says Association
  • GST will provide a boost to the Indian ‘formal’ plywood sector
  • Peru’s wood product trade balance in deficit
  • Made in China 2025 - a centre-piece of the latest 5 year plan
  • EU veneer market showing signs of recovery
  • Call for Tenders: Support services for implementing the EUTR and FLEGT
  • Canada imports more from Malaysia and Indonesia

Data snapshot

New Zealand’s indigenous forests

Source: New Zealand Official Yearbook

New Zealand's 6.4 million hectares of indigenous forest comprising mainly beech, kauri, rimu, taraire and tawa are located in the mountains on the West Coast of the South Island. Less than 1 percent of New Zealand's total forest production is harvested from indigenous forests.
The main threats to these forests are introduced animals and plants and an increasing demand from people for access and recreational opportunities.

Download report