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UK: Sawnwood sales expected to rise by 4 %

19.04.2021 − 

Nick Moore, managing director of TimberTrends, is expecting the volume of sawn softwood sold in the UK in 2021 to be 4 % higher than last year. Moore presented his forecast at the Softwood Conference held online by the Timber Trade Federation (TTF) on 31 March. On the basis of the provisional figure of 9.38m m³ at hand for 2020, this would equate to a sales volume of 9.77m m³. According to the TTF, the imports in 2020 were 3 % higher than a year earlier at 6.58m m³. At roughly 3m m³, the output by British sawmills was 12 % of the previous year’s figure. Taking exports of roughly 200,000 m³ into account, 9.38m m³ was sold to British customers, a reduction of 2 %.

In their presentations, the speakers were relatively consistent in their assumption that the bottlenecks that have occurred in supply since mid-2020 are going to persist into the second half-year and possibly even continue to grow. As such, the purchasing competition for imported sawn softwood is going to persist for the time being owing to the brisk demand in the USA and China. A growing supply is not to be expected in the short term because no significant enlargement in cutting capacity is anticipated in the producer countries.

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