Third quarter EU imports downturn

December 2013

The latest statistical report from ETTF market analyst Rupert Oliver shows that EU  timber imports went into renewed decline in the third quarter of 2013.

Total imports of timber and wood products from outside the EU were €4.8 billion, down 8.3% compared to the same period in 2012.
The decline was accounted for entirely by a dip in the last three months, with imports actually rising 5.6% from €1.59 billion in the first quarter to €1.68 billion in the second. In the third, they slipped 8.4% on the previous three months to €1.54 billion.
In his analysis in the Winter 2013/14 ETTF Newsletter, Mr Oliver attributes the dip to continued tough economic conditions, and, particularly,  slow recovery in construction. But he says there are also signs the EU Timber Regulation may be adversely impacting particular products with complex supply chains.

Click icon to view report.