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.
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Japan’s plywood imports dropped 28% in the 1H 2020