UK’s timber import volumes ‘weaker’ but prices have stabilised

UK's timber imports saw weaker volumes during Q1 2024 than in Q1 2023, although prices have become more stable for many timber and panel products in recent months. Import volumes for Q1 were around 150,000m3 down on the previous year. While January and February’s data remained at similar levels, volumes fell back in March resulting in a 6.2% reduction. Nearly all product types experienced this fall in volume, with only hardwood plywood finishing higher – up by 1% in Q1 2024 compared with the same period in 2023. Despite this most recent fall, changes in ...