The average price for imported tropical logs was $319 per cubic metre, a year on year drop of 25%.
China imported tropical logs mainly from Papua New Guinea(36%), Solomon Islands (25%), Equatorial Guinea (7.4%), Cameroon (6.2%), Nigeria(6.1%) and Congo Brazzaville(5.9%).
Just 10 countries supplied 96% of China’s tropical log requirements in 2015. Log imports from Equatorial Guinea grew 32% in 2015 and imports from Cameroon expanded 14% over the same period.
Countries from which tropical log imports declined included Malaysia (-47%) and Laos (-43%). The main point for tropical log imports in 2015 was Nanjing Port which accounted for 84% of all tropical log imports.