The sharp drop in wooden door imports was little surprise. Year-on-year, the value of wooden door imports dropped over 40%. There was also a 40% drop compared to levels in Janaury before the impact of the pandemic started to bite, as ITTO reported.
As in previous months four shippers accounted for over 90% of Japan’s February 2020 imports of wooden doors. The main shipper was China which accounted for 43% of all door imports. This was sharply down on the 65% contribution to imports in January.
Shippers in the Philippines secured a greater market share in February accounting for 35% of imports, up from the 19% in January. The other two main shippers were Indonesia and Malaysia both of which saw a slight rise in shipments in February.
