Hardwood plywood imports surge, but growth rate is slowing

STERLING, Va.-- U.S. imports of hardwood plywood have grown 45% year-to-date through May. However, this is lower than the 60% year-to-date growth through April, reports the Decorative Hardwoods Association.

Citing statistics from the U.S. International Trade Commission, the association found that May imports from Russia dropped to 26 million square feet from an average of more than 51 million square feet per month through April. The skyrocketing growth in imports from Vietnam also appears to have slowed somewhat in May, reaching 108% year-to-date, after surging to 183% year-to-date through April.

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The association also reported that imports of engineered wood flooring have grown 31% by volume and 33% by value so far this year. The top sources of imports are now Vietnam and Cambodia, which have overtaken China. China faces significant tariffs.

 

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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).