As reported by the International Tropical Timber Organization (ITTO), Japan’s plywood imports for the first half of 2020 have steadily declined. Year-on-Year volume of plywood imports have dropped -28% in first half of 2020. Indonesia and Malaysia are the top plywood supplier to Japan, accounting for nearly 80% of all plywood imports. Malaysia’s imports year-on-year are down -13%, while imports from Indonesia are only marginally lower for the same time period. Vietnam has moved into third place, which moves China into fourth place.
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.