China and Brazil dominate plywood supply to the UK, TTF Stats show

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China and Brazil dominate plywood supply to the UK, TTF Stats show

As reported by the latest TTF Statistical Bulletin, China and Brazil dominate the supply of plywood to the UK, accounting for around three-quarters of the total volume from non-EU countries.

In details, China is by far the largest supplier of hardwood plywood - commanding a 56% share of the market – while Brazil controls around 56% of softwood plywood market.

These figures confirm that plywood imported to the UK is largely sourced outside the European Union (81% against 19%) both for hardwood and softwood plywood.

Among plywood suppliers from the EU, Finland accounts for nearly 50% of the trade, followed at a distance by France (8%) and Latvia (8%).

The Statistics - available here for TTF Members - also underline a reasonable increase in the imported volume of timber and panel products in the first half of 2016: around 5% higher than in the same period in 2015.

 

[News URL: http://www.cti-timber.org/content/china-and-brazil-dominate-plywood-supply-uk-ttf-stats-show]