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Softwood lumber imports continue to grow

Dressed Sawn Softwood Imports: Jul ’12 – Jun ’18 (‘000 m3 & AUDFob/m3). Source: ABS

Dressed (planed and/or sanded) sawn softwood product imports rose 38.0% to 698,099 m3 over the year-ended June 2018. The rise in imports was 192,087 m3, accounting for 73% of the total rise in sawn softwood imports for the year. Source: IndustryEdge for Timberbiz

In June 2018, imports of dressed sawn softwood totalled 61,612m3. The average price of imports over the month was AUDFob593.24/m3.

All mainland States experienced sawn softwood import rises, with booming consumption in Victoria feeding into a 73.0% rise in that State’s imports, which reached 209,958 m3.

Imports to Queensland were up 39.2% to 184,313 m3 and those to New South Wales rose 19.2% to 252,217 m3.

Though softer than imports to the other States, New South Wales still receives the largest volume of imports each year, accounting for 36.1% of total imports.

Roughsawn imports were up 14.3% over the same period, reaching 251,027 m3. Roughsawn softwood imports totalled 24,203 m3 in June 2018, at an average price of AUDFob560.75/m3.

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