At a total of 111,777 cubic metres, the USA imported more than twice as much softwood lumber from Europe in 3Q than it had done in the same period of last year, according to EUWID Wednesday. Foreign trade data from the US Department of Agriculture, Foreign Agriculture Service (FAS) shows that Sweden was the main source in Europe, as in the preceding quarters, at 48,222 cubic metres, followed by Germany, from where 173 per cent more softwood lumber was imported at 25,611 cubic metres.
US Lumber Imports from Europe
Even more pronounced growth rates were recorded for imports from Romania, increasing several times over to 22,877 cubic metres, said EUWID.
The value of the softwood lumber imports from Europe amounted to US$31.31 million, which equates to an increase of 30 per cent on a year earlier. The average, constructed import value, on the other hand, was markedly regressive, falling to only around US$280. In comparison to 2Q, however, the figure was up slightly by 4 per cent.