China Imports Less Wood in 2012
Seattle, WA, Dec. 10, 2012 -- Importation of both logs and lumber by China fell substantially in 2012, reports the Wood Resource Quarterly.
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Total imports, by value, during the first eight months was $4.3 billion, or 19% less than in 2011, with the biggest declines in logs imported from Russia and the U.S., and in lumber from North America.
The reduction in construction activities in China during 2012 has resulted in reduced demand for lumber, and as a consequence, a sharp decline in the imports.