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US plywood stats show China drop, Vietnam up

US plywood imports from China fell 55.1% year-on-year in first quarter to 161.7 thousand m3 with import value declined 55.1% to US$129.3 million, according to USDA data. The import from Brazil decreased only 11.8% to 168.7 thousand m3 and country became the biggest supplier of plywood to the US. Source: Lesprom

Plywood export value from Brazil to US fell 23.0% to US$50.9 million due to the low average price that declined 12.7% to $302 per m3. While the average price for plywood from China expanded 13.4% to US$800 per m3.

Canada decreased 6.25% of plywood exports to US to 151.8 thousand m3 with export value dropped 4.74% to US$80.5 million.

US imports from Indonesia fell 25.0% to 102.5 thousand m3 with import value declined 16.2% to US$72.5 million.

Imports from Chile decreased 13.2% to 95.5 thousand m3 with import value slided 4.97% to US$42.9 million.

Russian exports to US dropped 2.63% to 91.3 thousand m3 with export value expanded 11.7% to US$45.8 million.

Among the main exporters of plywood to US, only Vietnam showed a growth. Plywood imports to US from Vietnam soared 199.0% to 113.3 thousand m3 with import value jumped 153.6% to US$70.4 million.

In the first three months of 2019, the total US plywood imports fell 19.7% to 1.08 million m3 with import value declined 19.2% to US$624.0 million.