Price increases drive up EU27 tropical wood imports

In 2022 the EU27 imported 1.94 million tonnes of tropical wood and wooden furniture products with a total value of US$4.37 bil. respectively 10% and 18% more than the previous year. Compared to the pre-pandemic level of imports in 2019, imports last year increased 36% in value terms but only 6% in quantity terms. Chart 1 shows EU27 trade trends for the period 2004 to 2022 puts last year's trade figures into long term perspective. The only other increase in tropical wood import value comparable to the 2021-2022 period occurred in 2006-2007 ...