US sawn tropical hardwood imports fall for fourth consecutive month

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US imports of sawn tropical hardwood fell for a fourth consecutive month in January. The 17,509 cubic metres imported in January was down only 2% from December but was 33% lower than that of January 2022. Imports from most countries were down sharply from the previous January with imports from Indonesia (down 70%) and Cote d’Ivoire (down 52%) seeing the steepest declines.

Imports of Ipe more than doubled from the previous month but were still less than half that of last January, while imports of Keruing fell 34% for the month and 26% from the previous January. Imports of Sapelli, Jatoba, Teak and Balsa also showed substantial losses for the month.

On the upside, imports of Cedro rose 41% in March and were 40% better than the previous January, while Mahogany imports were 45% better than last January despite a 3% drop from December.

Canada’s imports of sawn tropical hardwood also fell in January, decreasing 15% from the previous month. The decline was due chiefly to a 20% drop in imports of Sapelli. Despite the decline, overall imports were 11% higher than January of last year. Canada imported more than US$22 million of sawn tropical hardwood in 2022, up 36% over the previous year.

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