TTF Monthly Stats – February 2022
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Timber and panel product import volumes continued to show a steady decline in Q4 2021 as more ‘regular’ demand returns to the market, according to the latest Timber Trade Federation (TTF) statistics.
The latest TTF statistics found the volume of timber and panel products imported into the UK declined by 158,000m³ in November 2021 as compared to October 2021.
Despite these declines, with 768,000m³ of timber and panel products imported into the UK in November 2021, the total volume of imports reported in 2021 exceeds 11 million m³.
Most products categories are also nearing record import volumes in 2021 even as they enter more regular trade patterns – including the usual winter decline.
Softwood import volumes fell to 471,000 m³ – a 90,000 m³ reduction from the previous month – and this trend was carried across product categories ranging from particleboard to OSB and MDF.
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