Home:  Global Wood p01.gif (127 bytes) Industry News & Markets

Russian timber exports to the Chinese market grow as expected
[Jul 20, 2023]

As of now, it has been a year since Europe completely banned the import of Russian timber, plywood and other products. During this year, the output and sales of wood and wood products in Russia have declined, and the output of plywood has become the lowest point in 10 years.

According to a recent report by the Russian agency
Rossiyskaya Gazeta, as of June, Russia had harvested 77.8 million cubic meters of commercial timber. Although production is increasing every month, it is actually still lower than last year's level. Compared with last year's 89 million cubic meters, this figure still has a drop of about 12%, the agency said.

The output growth of other products:

The output of wooden furniture increased by about 37%;

Production of paper and paper products increased by 3.2%;

Plywood production increased by 1%;

Particleboard increased by 5.83%;

Single board increased by 4.37%;

Wood pellet production exceeds 6%;

Parquet flooring increased by 1.28%.

Overall, Russia's timber and wood products production is recovering well. And wood pellets are one of the main products exported by Russia, and the current production growth has exceeded 6%, mainly from the Khabarovsk and Krasnoyarsk regions.

As the production of plywood and particleboard is recovering, Roslesinfga director Pavel Chashchin pointed out that it is expected that the demand in the timber market will recover, and the price of plywood and sawn timber will increase by then.

Timur Irtuganoven, Director-General of the Association of Russian Furniture and Wood Processing Enterprises, said that since December last year, the demand for wood furniture in the international market has decreased significantly, but the situation has changed now. He said that with the market improving, the production of some furniture products has increased in the first few months of this year.

Looking at export trends, Russia's supply of timber and timber products to China is growing as expected against the backdrop of European sanctions. From January to May this year, Russia exported 780,000 cubic meters of qualified logs to China, a year-on-year decrease of 35.18%; the value reached 600 million yuan, a year-on-year decrease of 33%. The sawn timber exported to China reached 5.27 million cubic meters, a year-on-year increase of 7.7%; the value reached 7.6 billion yuan, a year-on-year increase of 5.4%.

At the same time, sawn timber prices are falling on the international market, while in Europe and central Russia prices are rising steadily.