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Customs data shows that Russian plywood production has decreased by a quarter in the first four mont

2023-06-13

Customs data shows that in the first four months of 2023, Russia's plywood production was 1.02 million cubic meters, a decrease of 24.1% compared to the previous year.

Due to EU sanctions, Russia has completely lost the European plywood market. Customs data shows that from January to April 2022, it brought $256.8 million to the country, with an export volume of 352000 cubic meters at that time.

At the same time, despite the abolition of Most favoured nation and the increase of tariffs, the delivery of plywood from Russia to the United States continues.

Customs data shows that from January to March 2023, Russia's plywood exports to the United States decreased by 77% year-on-year to 39000 cubic meters. The export value decreased by 85% to 23.3 million US dollars. Customs data shows that the average price of plywood has decreased by 33% to $603 per cubic meter.

According to customs data, in the first four months of 2023, the production of Russia's timber industry was 9.2 million cubic meters, a year-on-year decrease of 11.2%. Due to Western sanctions imposed on Russia for invading Ukraine, China has become the only major market for Russian timber producers. Without exporting to Europe, sawmills in northwestern Russia have shifted their focus to conquering the Chinese market, where they face competition from sawmills in Siberia and the Far East.


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