UK shows 30-35 drop in timber import in April 2020

Posted on July 6, 2020

As per UK’s Timber Trade Federation (TTF) timber imports showed an overall 30-35% drop in import volumes in April 2020 as compared with April 2019 Particleboard fell by 60-70%, MDF by 50-60%, and OSB by 40-50%. Hardwood and hardwood plywood dropped by 40-45%, and softwood saw 30-35% reduction in volume. Building Merchants Building Index showed value sales drop by 76.3% in April 2020 compared with April 2019. Timber stocks are more than sufficient to meet demand