In the 1Q 2013, Russia has decreased logs supply to China by 21.1% compared to the corresponding period of the previous year, China’s share in Russian wood export fell to 50%. Russia is losing its position in the Asian wood market, in the 1Q of 2013, logs supplies to South Korea and Japan decreased by 35.8% and 19.1%, respectively.

Russia is losing wood markets in Asia

18:52 / 七月 15, 2013

Jul 15, 2013. /Lesprom Network/. In the 1Q 2013, Russia has decreased logs supply to China by 21.1% compared to the corresponding period of the previous year, China’s share in Russian wood export fell to 50%. Russia is losing its position in the Asian wood market, in the 1Q of 2013, logs supplies to South Korea and Japan decreased by 35.8% and 19.1%, respectively, according to the report ‘’Wood export from Russia in the 1 Q 2013’’ released by Analytical Service of Lesprom Network.

According to the report, wood export to Finland from Russia grew by 96.8%, and in January of 2013 the export volume to Finland almost equaled with export to China.

The number of Russian wood exporting companies decreased by 22% during the year, while the share of the top 15 suppliers increased by 12 percentage points.

In January-March of 2013, Russian timber fell in price: with growth of the volume by 3.4%, the value of export fell by 12%.The highest average price in the 1Q of 2013 was for logs supplied to Japan, the lowest - for logs supplied to Finland.

Russian wood export reporting is included in the 29page quarterly publication Wood export from Russia in the 1Q 2013. The report, established in 2010, tracks wood prices and export volumes of Russian wood export.

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Russia is losing wood markets in Asia

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