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Japan's softwood lumber imports surge 23% year-on-year by June
Posted on August 13, 2024 |
Japan’s softwood lumber imports grew by 23% year-on-year to 1,856,000 m³ by June, with global prices at $353 per m³.
The higher global prices have balanced out the increased costs for European and North American timber mills.
Canada was the top exporter to Japan, sending 460,000 m³, a 37% increase and 25% of total imports.
Sweden exported 369,000 m³ of softwood to Japan, a 36% rise.
Finland’s exports to Japan increased by 5% to 289,000 m³.
Russia, which has not imposed sanctions, supplied 265,000 m³ of softwood to Japan, up 12%.