US sawn tropical hardwood imports fall

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ITTO/Fordaq
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US imports of sawn tropical hardwood fell 12% in June as volumes retreated from a near record high. The 24,229 cubic metres imported in June was the second lowest total of the year so far. Imports of Keruing and Mahogany fell by 22% while imports of Sapelli and Ipe decreased by 7% and 16%, respectively. Imports of lower-volume woods like Meranti, Iroko, and Padauk were all down more than 50%.

Imports from Indonesia and Cameroon both decreased by more than one-third while imports from Malaysia were off by 14%. Imports from Congo (Brazzaville) gained 43% in June, rising to their best month of the year along with imports from Ghana which improved by 140%.

Despite the dip, total imports of sawn tropical hardwood remain up 211% so far this year. However, changes made this year by the US government in how it classifies tropical hardwoods make direct comparison with last year difficult.

Canada increased its imports of sawn tropical hardwood for the fifth straight month in June. The more than US$2.5 million imported was the highest total since August 2014.

The increase was driven by a huge month for Iroko imports. More Iroko was imported into Canada in June than in all of 2021. Overall imports are up 40% year to date over 2021 figures.

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