TDUK Monthly Stats – October 2022

Date Published

11 October 2022

Document Type

Category

Author

TDUK
Summary

Timber supply in the UK remains strong despite falling import volumes in July 2022, according to the latest Timber Development UK statistics.

 

Key Information

Overall import volumes in the first seven months of 2022 stand at 6.1 million m3 – 1.1 million m3 lower than the same period in 2021.

Despite this, timber stocks remain steady, with supply patterns returning to more pre-pandemic levels following record demand last year.

Softwood imports are likely to fall further as the year progresses, with the TDUK softwood forecast predicting reductions of 500,000m3 between H1 and H2 2022.

From the heights of around 7.6 million m3 imported in 2021, it is forecasted that overall softwood imports will fall to around 6.1 million m3 in 2022.

Though overall volumes are down, some categories have seen import growth, with hardwood imports up by 23% compared to 2021.

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