Canada would increase share in EU wood market upon CETA’s entry into force

Market: Lumber / Biofuel
Posted October 31, 2016
While most Canadian forest products already enter the EU duty-free, upon CETA’s entry into force, all Canadian forestry products will enjoy duty-free, quota-free market access to the EU. Current EU tariffs for forest products range from 2% to 10%. The EU is the world’s third largest importer of forest products – $46 billion in 2015 or 14% of global forest product imports in 2015. Canada’s advantage includes areas where EU demand is strong. Key exports from Canada, such as wood pellets, sawn/sliced coniferous wood, chemical wood pulp of coniferous wood, and seat components, have strong demand in the EU.

Canada would increase share in EU wood market upon CETA’s entry into force

Canadian companies can benefit from provisions in CETA related to regulatory cooperation, government procurement, temporary entry, and trade in services. Canada will have a preferential trade advantage with the EU that many competitors will not have.

Canada would increase share in EU wood market upon CETA’s entry into force


According to Statistics Canada, the main European markets for Canadian softwood lumber in 2015 were UK with 56 thousand cubic meters, Belgium – 64 thousand cubic meters, France – 12 thousand cubic meters. The supplies to EU very small in comparison with export to USA (31 million cubic meters), China (6.5 million cubic meters) and Japan (2.3 million cubic meters).
In 2015 Canada has exported 1.2 million tonnes of wooden pellets to UK, 85.5 thousand tonnes to Italy and 14 thousand tonnes to Austria.

+7 499 6535608
Ordzhonikidze, 11 109028 Moscow, Russia

Comments

To like this you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
To leave comments you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
We welcome comments that advance the story through relevant opinion and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Lesprom Network. For more information on our comment policy, see: https://www.lesprom.com/legal/comment_policy/
Back to top