Latest News Mon, Feb 7, 2022 8:19 AM
Timber and panel product import volumes continued to show a steady decline in Q4 2021 as more ‘regular’ demand returns to the market, according to the latest Timber Trade Federation (TTF) statistics.
The latest TTF statistics found the volume of timber and panel products imported into the UK declined by 158,000m³ in November 2021 as compared to October 2021.
Despite these declines, with 768,000m³ of timber and panel products imported into the UK in November 2021, the total volume of imports reported in 2021 exceeds 11 million m³.
Most products categories are also nearing record import volumes in 2021 even as they enter more regular trade patterns – including the usual winter decline.
Softwood import volumes fell to 471,000 m³ – a 90,000 m³ reduction from the previous month – and this trend was carried across product categories ranging from particleboard to OSB and MDF.
TTF head of trade and technical policy Nick Boulton said:“It is normal for timber and panel product imports to tail off towards the winter months as construction demand slows amidst the festive season, and as colder weather deters home and garden renovations.
“The fall in the volumes of imports in Q4 2021 also likely reflects the state of supply lines in the structural softwood market which appeared to be largely saturated at that time.
“As the weather improves and demand for timber climbs, we can expect to see timber imports rebound in our trade statistics, which is a regular pattern for the timber industry.
“Over the coming year we expect to see a comparatively stable market – but this doesn’t mean there won’t be any squeeze on the supply chain particularly amidst rising international demand.
“We will be exploring all these trends in full in our next Market Statement, which will come out next month.”
Featured News
Eyrise dynamic solar shading glass has transformed a Grade II-listed London...
Metal pipe boxing from the Pendock Profiles range has been installed in the communal...
BUILDING PRODUCT LIBRARY - LATEST BROCHURES
Novantica - Cement F...
By Fassa Bortolo
Fassatherm System -...
By Fassa Bortolo
Fassarend System - P...
By Fassa Bortolo
Fassalime System - P...
By Fassa Bortolo
Sport England’s Perf...
By Passivent
BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS
Straightcurve® – headquartered in Australia, is renowned for high-end innovative garden edging,...
The Kingspan RLG600 raised access floor panel is intended for light office use and is capable of...
Kingspan RHG600 Simploc is the heavy grade floor system, capable of handling up to a 12kN/m2...
CONSTRUCTION VIDEOS - LATEST VIDEOS
“Building with stone wool insulated sandwich panels” written by Professor Imperadori, is now...
Portakabin | Installation at the iconic Admiralty Arch, London