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Russia cuts Roundwood imports to China by 65% in 2022
Posted on March 15, 2023 |
Deliveries from Russia fell by 65%, this trend was similar in shipments from the US, the Solomon Islands, France, and Brazil.
In 2022, the country reduced the volume of Roundwood imports from all key suppliers with the only exception from Papua New Guinea, which grew by 8% year on year to 2.34 million m³.
New Zealand was the biggest supplier of Roundwood to China, increasing its share in the total supply by 9% to 41% in 2022, however, on an annualized basis, deliveries from the country fell by 13% in physical terms and by 20% in value terms.
In total, New Zealand exported 17.75 million m³ of timber to China, worth $2.689 billion.
Germany was the 2nd important Roundwood supplier for China, accounting for a 14% share in total imports, a decline of 5% compared to 2021.
In 2022, the volume of deliveries fell by 51% in physical terms and by 47% in value terms; in total, China imported 5.96 million m³ of timber from Germany, worth $1.024 billion.