Hardwood plywood imports in the US jumps while veneer imports briefly rebound.
Imports of hardwood plywood in the US jumped from February. Photo by pxhere
The volume of imports from Indonesia nearly doubled and imports from Malaysia more than tripled as total imports rose 55% above February 2020 levels. Imports from Vietnam fell 19% and are down 2% through the first two months of the year, while imports from Russia fell 20% and are down 5% through February.
Imports of tropical hardwood veneer also rebounded from a poor January, gaining 58% over the previous month. Despite imports for February being 39% higher than the previous February, year-to-date imports are still down 16% through the first two month of the year. Imports from Italy, which were reported to be zero in January, rose enough to now be 13% ahead of January and February 2020, while imports from Ghana rose ten-fold in February and are up 68% year-to-date. Imports from China, Cameroon, and India were all down sharply and all trail 2020 year-to-date totals by more than 35%.
