US Dollar Exchange Rates of 10th
April 2017
China Yuan 6.9026
Report from China
Substantial growth in 2016 sawnwood imports
Data from China’s Customs shows there was substantial
growth in sawnwood imports in 2016. China’s 2016
sawnwood imports totalled 32.15 million cubic metres
valued at US$8.14 billion, a year on year increase of 21%
in volume and 8% in value.
The average price for imported sawnwood in 2016 was
US$253 per cubic metre, down 10% on 2015.
Of total sawnwood imports, sawn softwood imports rose
22% to 17.82 million cubic metres, accounting for 55% of
the national total. The average price for imported sawn
softwood in 2016 was US$176 per cubic metre, down 10%
year on year.
Sawn hardwood imports grew 20% to 14.33 million cubic
metres. The average price for imported sawn hardwoods in
2016 was US$349 per cubic metre, down 10% year on
year.
Of total sawn hardwood imports, imports of sawnwood
from tropical countries were 5.74 million cubic metres
valued at US$2.118 billion, up 20% in volume and 3% in
value and accounted for 18% of the national total.
The average price for sawnwood imported from tropical
countries was US$369 per cubic metre, a year on year
decline of 15%.
Surge in China’s sawn softwood imports from Russia
Russia was the main sawn softwood supplier to China in
2016 and imports from Russia surged 45% to 10.79
million cubic metres, accounting for 61% of total
softwood sawnwood imports.
However, the second ranked supplier of sawn softwood
was Canada but imports declined 15% to 3.87 million
cubic metres.
The decline in average prices for imported sawn softwood
from Canada (-16%) was larger than that from Russia (-
8%).
Thailand the main tropical supplier
Of total sawn hardwood imports, sawnwood imports from
tropical coumtries were 5.74 million cubic metres valued
at US$2.118 billion, up 20% in volume and 3% in value
and accounted for 18% of the national total.
The average price for sawnwood imported from tropical
countries was US$369 per cubic metre, a year on year
decline of 15%.
Five tropical countries supplied just over 90% of China’s
‘tropical’ sawnwood requirements in 2016 namely,
Thailand (62%), Philippines (5%), Gabon (5%), Indonesia
(5%), Malaysia (5%).
Sawnwood imports from Thailand, Cambodia and Peru
rose 36%, 24% and 12% year on year respectivel,y but
year on year imports from Laos, Ecuador, Cameroon fell
36%, 30% and 28% respectively.
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