Japan’s Plywood Imports Increased Significantly in March 2020

According to a recently released report from the International Tropical Timber Organization (ITTO), Japan’s March 2020 imports of plywood rose 21% and there was a 10% month-on-month increase in import volumes as well. Year-on-year, shipments from Japan’s main suppliers Malaysia, Indonesia, China and Vietnam increased but the month-on-month change was more variable. Month-on-month shipments from China dropped while all the other main suppliers experienced increases in varying degrees.

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Japan’s plywood imports rose 21% in March