According to the Decorative Hardwoods Association analysis of data from the U.S. International Trade Commission, the value of U.S. imports of hardwood plywood dropped by 69.6% as volume fell by 67.7% in January vs. one year ago. The DHA also reported that Imports rose by 12% in value in 2022 to more than $2.1 billion.
Imports from Indonesia, the top source, sank by 59.9%. Imports from Vietnam and Russia fell by 86.3% and 82%, respectively.
To see a chart on which these statistics are based, click here.
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