EU duty-free quota looks set to be filled in May

Close to two-thirds of the duty-free quotas for softwood plywood imports into the EU-27 and Great Britain and Northern Ireland had been used up by the middle of March. According to the European Commission's Directorate-General for Taxation and Customs Union, some 171,393 m³ was still up for grabs on 15 March. In other words, 311,255 m³ or 64% of the 482,648 m³ total had been import-ed duty-free since the start of the year: almost 185,000 m³ in January, around 85,000 m³ in February and over 40,000 m³ in the first half of March.

The tracking system used by HM Revenue & Customs (HMRC) indicates that Great Britain and Northern Ireland had used up 108,054 m³ or 65% of its 167,352 m³ quota by 15 March. The country had imported almost 73,000 m³ in January and roughly 20,000 m³ in February. The first half of March had been a little brisker with around 15,000 m³.

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