In 2021, United Kingdom’s imports of lumber declined 21.4% year-on-year to 7,461.2 thousand m3. According to Lesprom Analytics, the average price of lumber jumped 141.6% to $471.1 per m3 and the value of imports soared 90.0% to $3,515.1 million.
UK decreased imports of lumber from Sweden by 9.4% year-on-year to 2,464.2 thous. m3. Sweden’s share amounted to 33.0% of United Kingdom’s total lumber imports in 2021. Sweden is United Kingdom’s biggest lumber supplier with second-ranked Latvia at 20.5% of total imports, while Finland takes 12.1% and Germany 9.1%.
Supplies from Latvia increased by 22.3% to 1,528.8 thous. m3, supplies from Finland increased by 9.2% to 905.6 thous. m3.
Image: UK lumber average import price trend over the last ten years / Lesprom Network
