Chinese demand for African timber remains strong despite volatility in global markets

China's demand for African timber remains strong despite the volatility facing the global timber market. According to customs data, China imported a total of up to 1.46 million cubic metres of African timber from January to June 2024, achieving a remarkable growth of 16% compared to the same period last year; total imports reached $470 million, an increase of 8.6% year-on-year; while the average unit price of imports fell slightly by 7%. Monthly data: From the monthly data, African timber imports fluctuate between different months. At the beginning of the year, some ...