U.S. Imports Of Hardwood Plywood Soar By 60% In May

U.S. imports of hardwood plywood rose by 60% in volume in May from the January to April average, but remain down 60% in volume and 67% in value year-to-date through May, after growing by 12% in value last year to $2.1 billion. Among large sources, imports from Vietnam fell the most, down by 79% vs. the same period last year. However, monthly imports from Vietnam and Indonesia grew in April and May, indicating that the downward trend may be reversing.

 

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Real American Hardwood Coalition Expands Hardwood Ad Campaign

The Real American Hardwood Coalition has launched the Build Your World™ advertising campaign in partnership with Magnolia Network. The campaign will promote Real American Hardwood® flooring, cabinetry, furniture, and millwork and is designed to run through January 29, 2024. The campaign will run on the Magnolia Network channel, as well as on Magnolia and Discovery+ digital streaming platforms.

 

Resources:

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DHA eNews - The Impact Of Commerce's Ruling On The Hardwood Plywood Circumvention Case

Decorative Hardwoods Association (formerly HPVA) eNews Volume XVI, Issue XIV: The Impact Of Commerce's Ruling On Hardwood Plywood Circumvention Case | DHA Speaks Out Against Changes To Emissions Standards | Article Claims Forestry Adversely Impacts Climate | U.S. Furniture Industry Shows Continued Growth

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Wood Trivia: Test Your Knowledge

What common hardwood tree is now threatened in Britain?

 

Answer:  Oak

Resource: 

Timberpride: The British Oak Tree is Under Threat

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A New Interactive Dashboard Examines The North American Wood Industry

See the newly published interactive dashboard that provides a quantitative view of the North American forest products sector.

 

Resource: 

FutureMetrics

 

Photo © FutureMetrics

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