China’s Softwood Lumber Imports Declined Year-Over-Year in 2021
China’s imports of softwood lumber in 2021 declined by -26.2% year-over-year to 18.5 thousand m3. The value of those imports decreased by -6.2% to $4.1 billion. The average price of softwood lumber imported into China increased 27% to $222 per m3. This is according to Lesprom Analytics.
Brazil was the only country that was able to increase its supply of softwood to China in 2021, growing their market 33.2%. Canada (-57%), Germany (-50%), and Finland (-32%) all experienced sharp declines in their exports to China.
Shipments from Russia declined by -17.7%. Nevertheless, Russia was able to increase its share in the Chinese softwood lumber markets by 6.8 percentage points.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.