The Timber Trade Federation (TTF) latest statistics show the volume of imported timber experienced a further surge in June 2021, exceeding one million m³.
At a total of 1.01 million m³, this brings the total volume of imports to more than 6 million m³ in the first six months of 2021, the highest since 2007.
Timber imports have rarely exceeded one million m³ per month, however, this latest data reveals June to be the fifth time this barrier was broken across Q4 2020 and Q2 2021.
Prior to this, timber imports had exceeded one million m³ just once in the past four years – in January 2019 – which was spurred by Brexit stockpiling.
Import volumes in Q2 2021 were overall 60% higher than the same quarter in 2020 – which was the worst affected months of the first lockdown.
Supplying countries have seen significant change, with the four leading softwood supplying countries exporting over one million m³ more in the first half of 2021.
Sweden, Finland, and Latvia have each supplied an additional 300,000m³, whilst ‘smaller’ countries such as Lithuania and Austria have also recorded growth rates of over 200%.