Sharp decline in sawnwood imports from ASEAN

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According to China Customs sawnwood Chinese imports from ASEAN countries in the first quarter of 2020 totalled 862,056 cubic metres valued at US$254 million, down 81% in volume and 82% in value respectively over the same period of 2019.

Over 75% of China’s sawnwood imports are sourced from Thailand alone and in the first quarter of 2020 they totalled 675,457 cubic metres valued at US$186 million, down 81% in volume and 82% in value respectively. A further 7% of China’s sawnwood imports come from the Philippines (62,712 cubic metres valued at US$6 million) but here too there was an over 80% decline in the first quarter.

China’s sawnwood imports from ASEAN in 2019 came to 4.64 million cubic metres valued at US$1.43 billion, down 18% in value and 28% in value over 2018.

In 2019, 77% of China’s sawnwood imports were imported from Thailand (3.59 million cubic metres valued at US$1.04 billion) but there was a year on year decline of 19% in volume and 26% in value.

In 2019 a further 8% of China’s sawnwood imports were sourced in the Philippines and amounted to 378,619 cubic metres valued at US$46 million, up 18% in volume and 5% in value year on year.

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