China log and lumber imports down in 1Q/12, with Russia and New Zealand suppliers hit the hardest, while North America gained market share, reports the Wood Resource Quarterly
China’s demand for logs and lumber fell in late 2011 and early 2012 because of their slowing housing market. However, over the past ten years, importation of wood products has increased dramatically, as reported in the Wood Resource Quarterly (www.woodprices.com). Lately, North American log and lumber exporters have increased their market share in China at the expense of exporters in Russia and New Zealand.
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